Digital China Holdings (HKG:861) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥16.7b (down 8.9% from FY 2023).
- Net loss: CN¥253.9m (loss narrowed by 86% from FY 2023).
- CN¥0.17 loss per share (improved from CN¥1.23 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Digital China Holdings Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 18%. Earnings per share (EPS) was also behind analyst expectations.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the IT industry in Asia.
Performance of the market in Hong Kong.
The company's shares are down 4.4% 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've done some analysis and you can see our take on Digital China Holdings' balance sheet.
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