Topsec Technologies Group Second Quarter 2024 Earnings: CN¥0.10 loss per share (vs CN¥0.11 loss in 2Q 2023)
Topsec Technologies Group (SZSE:002212) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥451.3m (down 16% from 2Q 2023).
- Net loss: CN¥116.5m (loss narrowed by 3.6% from 2Q 2023).
- CN¥0.10 loss per share (improved from CN¥0.11 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Topsec Technologies Group Earnings Insights
Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China.
Performance of the Chinese Software industry.
The company's shares are down 4.0% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Topsec Technologies Group's balance sheet and an in-depth analysis of the company's financial position.
Valuation is complex, but we're here to simplify it.
Discover if Topsec Technologies Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About SZSE:002212
Topsec Technologies Group
Provides cyber security, big data, and cloud services in China.
Undervalued with high growth potential.