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

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).

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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