China
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Luxury
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SHSE:603518

Jinhong Fashion GroupLtd Full Year 2024 Earnings: Revenues Disappoint

Simply Wall St

March 28, 2025

Jinhong Fashion GroupLtd (SHSE:603518) Full Year 2024 Results

Key Financial Results

Revenue: CN¥4.40b (down 3.3% from FY 2023).
Net income: CN¥306.3m (up 2.9% from FY 2023).
Profit margin: 7.0% (up from 6.5% in FY 2023). The increase in margin was driven by lower expenses.
EPS: CN¥0.89 (up from CN¥0.87 in FY 2023).

earnings-and-revenue-growth — SHSE:603518 Earnings and Revenue Growth March 28th 2025

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

Jinhong Fashion GroupLtd Revenues Disappoint

Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Luxury industry in China.

Performance of the Chinese Luxury industry.

The company's shares are up 2.1% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Jinhong Fashion GroupLtd, and understanding it should be part of your investment process.

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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.