Business-intelligence of Oriental Nations Reports Second Quarter 2024 Earnings

Simply Wall St · 08/31 00:32

Business-intelligence of Oriental Nations (SZSE:300166) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥497.4m (up 17% from 2Q 2023).
  • Net income: CN¥10.9m (down 50% from 2Q 2023).
  • Profit margin: 2.2% (down from 5.1% in 2Q 2023).
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SZSE:300166 Earnings and Revenue Growth August 31st 2024

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

Business-intelligence of Oriental Nations Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China.

Performance of the Chinese Software industry.

The company's shares are up 4.5% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Business-intelligence of Oriental Nations' balance sheet and an in-depth analysis of the company's financial position.