Zhejiang Dafeng Industry Third Quarter 2024 Earnings: EPS: CN¥0.011 (vs CN¥0.006 in 3Q 2023)

Zhejiang Dafeng Industry (SHSE:603081) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥507.3m (down 11% from 3Q 2023).
• Net income: CN¥4.66m (up 102% from 3Q 2023).
• Profit margin: 0.9% (up from 0.4% in 3Q 2023).
• EPS: CN¥0.011 (up from CN¥0.006 in 3Q 2023).

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

Zhejiang Dafeng Industry Earnings Insights

Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Commercial Services industry in China.

Performance of the Chinese Commercial Services industry.

The company's shares are down 2.6% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Zhejiang Dafeng Industry (1 shouldn't be ignored!) that you need to take into consideration.

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