Baoxiniao Holding Third Quarter 2024 Earnings: EPS: CN¥0.045 (vs CN¥0.10 in 3Q 2023)

Baoxiniao Holding (SZSE:002154) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.06b (down 12% from 3Q 2023).
• Net income: CN¥71.3m (down 52% from 3Q 2023).
• Profit margin: 6.7% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.045 (down from CN¥0.10 in 3Q 2023).

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

Baoxiniao Holding Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in China.

Performance of the Chinese Luxury industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Baoxiniao Holding you should be aware of.

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