China Greatwall Technology Group Third Quarter 2024 Earnings: CN¥0.082 loss per share (vs CN¥0.062 loss in 3Q 2023)

China Greatwall Technology Group (SZSE:000066) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥3.53b (up 16% from 3Q 2023).
• Net loss: CN¥266.1m (loss widened by 34% from 3Q 2023).
• CN¥0.082 loss per share (further deteriorated from CN¥0.062 loss in 3Q 2023).

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

China Greatwall Technology Group Earnings Insights

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Tech industry in China.

Performance of the Chinese Tech industry.

The company's shares are up 40% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on China Greatwall Technology Group's balance sheet.

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