Core Viewpoint - Tongcheng Tongmei (VSA) has experienced a stock price increase of 2.36%, reaching $1.30 per share, with a total market capitalization of $61.55 million as of July 30. However, the company reported a significant decline in revenue and net profit for the fiscal year ending December 31, 2024, indicating potential challenges in its financial performance [1]. Financial Performance - As of December 31, 2024, Tongcheng Tongmei's total revenue is projected to be 1.171 billion RMB, representing a year-on-year decrease of 14.86% [1]. - The company's net profit attributable to shareholders is expected to be -588 million RMB, reflecting a staggering year-on-year decline of 6671.16% [1]. Company Overview - Tongcheng Tongmei, formerly known as Daren International, is a leading provider of IT-focused STEM supplementary education services in China [1]. - The company offers innovative educational platforms that combine real-time remote teaching, classroom tutoring, and online learning modules for students aged 3 to 18, focusing on IT-related STEM education, including computer coding and robotics programming [1]. - The mission of Tongcheng Tongmei is to promote learning through coding, embrace the latest trends in STEM education and technology, and cultivate children's logical thinking and learning abilities while helping them discover their interests and potential [1].
童程童美上涨2.36%，报1.3美元/股，总市值6155.27万美元