Beijing CTJ Information Technology (SZSE:301153) recently released its full-year 2023 financial results, showing strong financial performance. The company recorded revenue of CN¥1.21 billion, a 32% increase from the previous financial year. Net income also increased by 16% to CN¥299.6 million. However, the profit margin decreased to 25% from 28% in 2022 due to higher expenses. Earnings per share (EPS) improved to CN¥1.54, up from CN¥1.48 in the previous year.
Looking at the trailing 12-month (TTM) performance, Beijing CTJ Information Technology’s earnings and revenue have shown growth. Despite revenue meeting analyst estimates, EPS fell short by 15%. Analysts project a 21% annual revenue growth for the company over the next three years, slightly lower than the 22% growth forecast for the Software industry in China.
The Chinese Software industry has experienced a slight decrease in Beijing CTJ Information Technology’s shares over the past week, with a decline of approximately -5.7%. While analyzing a company’s balance sheet is crucial for understanding its financial health beyond just its profit and loss statement, it can provide valuable insights into a company’s true value and potential.
For a comprehensive analysis of Beijing CTJ Information Technology’s valuation and financial health, including fair value estimates, risks, dividends, insider transactions, and more, consult our detailed report. Please note that all information provided is based on historical data and analyst forecasts and should not be considered financial advice.
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