Shenzhen Sinovatio Technology Full Year 2024 Earnings: Misses Expectations

Shenzhen Sinovatio Technology (SZSE:002912) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥658.5m (flat on FY 2023).
• Net income: CN¥59.9m (down 48% from FY 2023).
• Profit margin: 9.1% (down from 18% in FY 2023).
• EPS: CN¥0.35 (down from CN¥0.67 in FY 2023).

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

Shenzhen Sinovatio Technology Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 4.2%. Earnings per share (EPS) also missed analyst estimates by 39%.

The company's shares are down 7.2% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for Shenzhen Sinovatio Technology (1 is significant!) that you should be aware of before investing here.

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