Stock Analysis

Zhejiang Lianxiang Smart Home Third Quarter 2024 Earnings: EPS: CN¥0.069 (vs CN¥0.024 in 3Q 2023)

Simply Wall St

Published November 01, 2024

Zhejiang Lianxiang Smart Home (SHSE:603272) Third Quarter 2024 Results

Key Financial Results

Revenue: CN¥37.3m (down 15% from 3Q 2023).
Net income: CN¥5.81m (up 229% from 3Q 2023).
Profit margin: 16% (up from 4.0% in 3Q 2023). The increase in margin was driven by lower expenses.
EPS: CN¥0.069 (up from CN¥0.024 in 3Q 2023).

SHSE:603272 Earnings and Revenue History November 1st 2024

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

Zhejiang Lianxiang Smart Home shares are up 12% from a week ago.

Risk Analysis

Be aware that Zhejiang Lianxiang Smart Home is showing 2 warning signs in our investment analysis that you should know about...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.