Hanwang TechnologyLtd Third Quarter 2024 Earnings: CN¥0.099 loss per share (vs CN¥0.16 loss in 3Q 2023)

Hanwang TechnologyLtd (SZSE:002362) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥432.0m (up 23% from 3Q 2023).
• Net loss: CN¥24.2m (loss narrowed by 36% from 3Q 2023).
• CN¥0.099 loss per share (improved from CN¥0.16 loss in 3Q 2023).

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

Hanwang TechnologyLtd Earnings Insights

Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China.

Performance of the Chinese Electronic industry.

The company's shares are up 8.1% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Hanwang TechnologyLtd's balance sheet and an in-depth analysis of the company's financial position.

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