Henglin Home FurnishingsLtd Third Quarter 2024 Earnings: EPS: CN¥0.34 (vs CN¥0.76 in 3Q 2023)

Henglin Home FurnishingsLtd (SHSE:603661) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥3.01b (up 41% from 3Q 2023).
• Net income: CN¥46.0m (down 56% from 3Q 2023).
• Profit margin: 1.5% (down from 4.9% in 3Q 2023).
• EPS: CN¥0.34 (down from CN¥0.76 in 3Q 2023).

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

Henglin Home FurnishingsLtd Earnings Insights

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Commercial Services industry in China.

Performance of the Chinese Commercial Services industry.

The company's shares are down 2.9% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Henglin Home FurnishingsLtd that you need to take into consideration.

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