Guangdong Dtech Technology (301377) Q3 2024 earnings summary

Executive summary

• Revenue for Q3 2024 reached ¥416 million, up 20.74% year-over-year.

• Net profit attributable to shareholders was ¥83.35 million, a 31.49% increase year-over-year.

• Year-to-date revenue totaled ¥1.13 billion, up 21.72% from the same period last year.

• Year-to-date net profit attributable to shareholders was ¥172.21 million, up 1.75% year-over-year.

Financial highlights

• Operating cash flow for the period was ¥201.05 million, up 35.29% year-over-year.

• Basic and diluted EPS for Q3 were both ¥0.20, up 33.33% year-over-year.

• Total assets at quarter-end were ¥3.31 billion, up 4.18% from year-end 2023.

• Shareholders’ equity reached ¥2.42 billion, up 4.38% from year-end 2023.

• Non-recurring profit and loss items contributed ¥26.25 million year-to-date.

Outlook and guidance

• Management did not provide explicit forward-looking guidance in this report.