Beijing YJK Building SoftwareLtd Third Quarter 2024 Earnings: Misses Expectations

Beijing YJK Building SoftwareLtd (SZSE:300935) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥24.3m (flat on 3Q 2023).
• Net loss: CN¥13.1m (loss narrowed by 14% from 3Q 2023).
• CN¥0.16 loss per share (improved from CN¥0.21 loss in 3Q 2023).

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

Beijing YJK Building SoftwareLtd Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 28%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 34% 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 share price is broadly unchanged from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Beijing YJK Building SoftwareLtd that you need to take into consideration.

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