How does SJ's latest earnings surprise compare to past quarters?
4/12/2025 02:44pm
Scienjoy Holding Corporation (SJ) has shown volatile earnings trends over the past quarters, with a significant decline in net income in 2023Q3 compared to the previous quarter's performance.
1. **Comparison with 2023Q3**: In 2023Q3, Scienjoy reported a net income of RMB116.3 million, which was a substantial improvement from the previous quarter's net loss of RMB116.3 million in 2022Q3. This indicates a strong recovery in profitability over the year.
2. **Comparison with other quarters**: If we compare the 2024Q3 net income of RMB33.4 million with the previous quarter's net income of RMB84.7 million in 2023Q3, there is a significant decrease in net income. This suggests that while Scienjoy has been profitable, the company has experienced a decline in earnings over the past quarters.
3. **Other financial metrics**: Scienjoy's total revenues have shown a decrease from RMB1,036.6 million in 2023Q3 to RMB1,012.5 million in 2024Q3. Gross profit increased by 28.3% to RMB64.7 million in 2024Q3 from RMB50.4 million in 2023Q3, indicating improved profitability despite the revenue decline.
In conclusion, Scienjoy's latest earnings in 2024Q3 show a decline compared to the strong performance in 2023Q3, but improvements are seen in gross profit.