Stock Analysis

Hengfeng Information Technology Third Quarter 2024 Earnings: CN¥0.022 loss per share (vs CN¥0.086 profit in 3Q 2023)

Published
SZSE:300605

Hengfeng Information Technology (SZSE:300605) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥83.3m (down 49% from 3Q 2023).
  • Net loss: CN¥3.83m (down by 127% from CN¥14.1m profit in 3Q 2023).
  • CN¥0.022 loss per share (down from CN¥0.086 profit in 3Q 2023).
SZSE:300605 Earnings and Revenue History October 31st 2024

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

Hengfeng Information Technology shares are up 5.1% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Hengfeng Information Technology (2 are a bit concerning!) that you need to take into consideration.

Valuation is complex, but we're here to simplify it.

Discover if Hengfeng Information Technology might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.