Nanjing Sciyon Wisdom Technology Group Third Quarter 2024 Earnings: EPS: CN¥0.20 (vs CN¥0.20 in 3Q 2023)

Simply Wall St · 10/16 22:57

Nanjing Sciyon Wisdom Technology Group (SZSE:002380) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥357.1m (up 16% from 3Q 2023).
  • Net income: CN¥48.3m (up 2.8% from 3Q 2023).
  • Profit margin: 14% (down from 15% in 3Q 2023). The decrease in margin was driven by higher expenses.
  • EPS: CN¥0.20 (up from CN¥0.20 in 3Q 2023).
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SZSE:002380 Earnings and Revenue Growth October 16th 2024

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

Nanjing Sciyon Wisdom Technology Group Earnings Insights

Looking ahead, revenue is forecast to grow 30% 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 down 1.5% 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 Nanjing Sciyon Wisdom Technology Group's balance sheet.