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Zhibao Technology First Half 2024 Earnings: CN¥0.28 loss per share (vs CN¥0.34 profit in 1H 2023)

In This Article:

Zhibao Technology (NASDAQ:ZBAO) First Half 2024 Results

Key Financial Results

  • Revenue: CN¥84.3m (down 8.2% from 1H 2023).

  • Net loss: CN¥8.55m (down by 196% from CN¥8.91m profit in 1H 2023).

  • CN¥0.28 loss per share (down from CN¥0.34 profit in 1H 2023).

earnings-and-revenue-history
NasdaqCM:ZBAO Earnings and Revenue History October 6th 2024

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

Zhibao Technology Earnings Insights

Looking ahead, revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Insurance industry in the US.

Performance of the American Insurance industry.

The company's shares are up 9.2% from a week ago.

Risk Analysis

Be aware that Zhibao Technology is showing 2 warning signs in our investment analysis that you should know about...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.