Stock Analysis

Kyland Technology Third Quarter 2024 Earnings: CN¥0.09 loss per share (vs CN¥0.073 loss in 3Q 2023)

SZSE:300353
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Kyland Technology (SZSE:300353) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥147.3m (down 38% from 3Q 2023).
  • Net loss: CN¥57.1m (loss widened by 28% from 3Q 2023).
  • CN¥0.09 loss per share (further deteriorated from CN¥0.073 loss in 3Q 2023).
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SZSE:300353 Earnings and Revenue Growth October 25th 2024

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

Kyland Technology Earnings Insights

Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China.

Performance of the Chinese Communications industry.

The company's shares are down 2.4% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Kyland Technology (including 2 which are significant).

Valuation is complex, but we're here to simplify it.

Discover if Kyland Technology might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.