Shenzhen Capol International & Associatesco.Ltd Third Quarter 2024 Earnings: EPS: CN¥0.27 (vs CN¥0.35 in 3Q 2023)

Shenzhen Capol International & Associatesco.Ltd (SZSE:002949) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥292.5m (down 16% from 3Q 2023).
• Net income: CN¥52.6m (down 24% from 3Q 2023).
• Profit margin: 18% (down from 20% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.27 (down from CN¥0.35 in 3Q 2023).

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

Shenzhen Capol International & Associatesco.Ltd Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Professional Services industry in China.

Performance of the Chinese Professional Services industry.

The company's shares are up 11% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Shenzhen Capol International & Associatesco.Ltd that you need to be mindful of.

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