Guangzhou Holike Creative HomeLtd Third Quarter 2024 Earnings: EPS: CN¥0.15 (vs CN¥0.30 in 3Q 2023)

Guangzhou Holike Creative HomeLtd (SHSE:603898) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥520.7m (down 20% from 3Q 2023).
• Net income: CN¥46.1m (down 51% from 3Q 2023).
• Profit margin: 8.9% (down from 14% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.15 (down from CN¥0.30 in 3Q 2023).

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

Guangzhou Holike Creative HomeLtd Earnings Insights

Looking ahead, revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Consumer Durables industry in China.

Performance of the Chinese Consumer Durables industry.

The company's shares are up 6.1% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Guangzhou Holike Creative HomeLtd you should be aware of.

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