Dawning Information Industry Full Year 2024 Earnings: EPS: CN¥1.31 (vs CN¥1.26 in FY 2023)

Dawning Information Industry (SHSE:603019) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥13.2b (down 8.3% from FY 2023).
• Net income: CN¥1.91b (up 4.3% from FY 2023).
• Profit margin: 14% (up from 13% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: CN¥1.31 (up from CN¥1.26 in FY 2023).

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

Dawning Information Industry Earnings Insights

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Tech industry in China.

Performance of the Chinese Tech industry.

The company's shares are down 6.8% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Dawning Information Industry's balance sheet.

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