Shenzhen Fortune Trend Technology (SHSE:688318) Q3 2024 Results
Main financial results
Revenue: CAD 62.7 million (down 38% from Q3 2023). Net income: CAD 43.6 million (down 45% from Q3 2023). Margin: 70% (down from 79% in Q3 2023). The decrease in margin was due to a decrease in revenue. EPS: CN¥0.24 (down from CN¥0.44 in Q3 2023). SHSE:688318 Revenue and Revenue Growth October 31, 2024
All numbers shown in the chart above are for the trailing 12 month (TTM) period.
Shenzhen Fortune Trend Technology Revenue Insights
Looking ahead, revenue is expected to grow by an average of 35% over the next two years, compared to a growth forecast of 19% for China’s software industry.
Performance of China’s software industry.
The company’s stock price is almost unchanged from a week ago.
risk analysis
You should learn about the 1 warning sign we’ve spotted with Shenzhen Fortune Trend Technology.
New feature: Manage all your stock portfolios in one place
We’ve created the ultimate portfolio companion for stock investors. This is free.
• Connect an unlimited number of portfolios and see the total in one currency
• Alert you to new warning signs and risks via email or mobile phone
• Track the fair value of stocks
Try our demo portfolio for free
Do you have feedback on this article? Interested in its content? Please contact us directly. Alternatively, email our editorial team at Simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary using only unbiased methodologies, based on historical data and analyst forecasts, and articles are not intended to be financial advice. This is not a recommendation to buy or sell any stock, and does not take into account your objectives or financial situation. We aim to provide long-term, focused analysis based on fundamental data. Note that our analysis may not factor in the latest announcements or qualitative material from price-sensitive companies. Simply Wall St has no position in any stocks mentioned.
