Additional Considerations Required While Assessing Yunnan Nantian Electronics InformationLtd's (SZSE:000948) Strong Earnings

Investors were disappointed with Yunnan Nantian Electronics Information Co.,Ltd.'s (SZSE:000948) earnings, despite the strong profit numbers. We did some digging and found some worrying underlying pr

Simply Wall StApr 25 20:33 ET

Nantian Information (000948.SZ) reported first-quarter results with a net loss of 9.142,800 yuan

Zhitong Finance App News, Nantian Information (000948.SZ) released its report for the first quarter of 2024, with revenue of 1.96 billion yuan, an increase of 5.35% over the previous year. The net loss attributable to shareholders of the listed company was RMB 9.142,800. Net loss attributable to shareholders of the listed company after deducting non-recurring profit and loss was $10.7736 million. Basic earnings per share - $0.0236.

Zhitong FinanceApr 25 09:11 ET

Yunnan Nantian Electronics InformationLtd (SZSE:000948) Takes On Some Risk With Its Use Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that debt - which is usually involved in bankruptcies - is a very important factor, when

Simply Wall StApr 24 01:35 ET

Nantian Information (000948.SZ): Currently not involved in quantum computing business

Gelonghui, April 22丨An investor asked Nantian Information (000948.SZ) on the investor interactive platform, “Does the company involve quantum computing?” The company replied that the company is currently not involved in quantum computing business.

Gelonghui FinanceApr 22 05:53 ET

Nantian Information (000948.SZ): Net profit of 156 million yuan in 2023 is planned to be divided by 10 to 1.2 yuan

Gelonghui, April 12 | Nantian Information (000948.SZ) announced the 2023 annual report. In 2023, the company achieved operating income of 9.138 billion yuan, an increase of 6.66%; net profit attributable to shareholders of listed companies was 156 million yuan, up 13.66% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 71.2647 million yuan, down 46.22% year on year; basic income per share was 0.4070 yuan; it plans to distribute a cash dividend of 1.2 yuan (tax included) for every 10 shares to all shareholders.

Gelonghui FinanceApr 12 08:23 ET

Southern Sky Information (000948.SZ): There are currently no technical reserves related to PICPIK.AI or SORA

Gelonghui March 19 丨 Some investors asked Nantian Information (000948.SZ) on the investor interactive platform, “Does the company's artificial intelligence have technical reserves of PICPIK.AI or SORA in this area?” The company replied that the company's customers are mainly focused on the financial industry. The current research on artificial intelligence technology is mainly in terms of generative language models. We are still in the phase of continuous attention to technology in the fields of Wensheng Map and Wensheng Video, and the company currently has no technical reserves related to PICPIK.AI or SORA.

Gelonghui FinanceMar 19 08:04 ET