CoCreation Grass Third Quarter 2024 Earnings: EPS: CN¥0.27 (vs CN¥0.31 in 3Q 2023)
CoCreation Grass (SHSE:605099) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥749.7m (up 16% from 3Q 2023).
- Net income: CN¥110.4m (down 12% from 3Q 2023).
- Profit margin: 15% (down from 20% in 3Q 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.27 (down from CN¥0.31 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
CoCreation Grass Earnings Insights
Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Leisure industry in China.
Performance of the Chinese Leisure industry.
The company's shares are down 3.9% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with CoCreation Grass.
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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.
About SHSE:605099
Flawless balance sheet, good value and pays a dividend.
