Digiwin Third Quarter 2024 Earnings: EPS: CN¥0.029 (vs CN¥0.05 in 3Q 2023)

Simply Wall St

November 01, 2024

Digiwin (SZSE:300378) Third Quarter 2024 Results

Key Financial Results

Revenue: CN¥569.1m (up 12% from 3Q 2023).
Net income: CN¥7.45m (down 41% from 3Q 2023).
Profit margin: 1.3% (down from 2.5% in 3Q 2023). The decrease in margin was driven by higher expenses.
EPS: CN¥0.029 (down from CN¥0.05 in 3Q 2023).

earnings-and-revenue-growth — SZSE:300378 Earnings and Revenue Growth November 1st 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Digiwin Earnings Insights

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in China.

Performance of the Chinese Software industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - Digiwin has 2 warning signs (and 1 which is a bit unpleasant) we think you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.