Shanghai W-Ibeda High Tech.GroupLtd Full Year 2024 Earnings: Misses Expectations

Shanghai W-Ibeda High Tech.GroupLtd (SHSE:688071) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥430.5m (up 22% from FY 2023).
• Net loss: CN¥46.5m (loss widened by 190% from FY 2023).
• CN¥0.55 loss per share (further deteriorated from CN¥0.20 loss in FY 2023).

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

Shanghai W-Ibeda High Tech.GroupLtd Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 8.6%. Earnings per share (EPS) was also behind analyst expectations.

The company's shares are down 3.1% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Shanghai W-Ibeda High Tech.GroupLtd you should be aware of.

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