Alpha Group Third Quarter 2024 Earnings: EPS: CN¥0.011 (vs CN¥0.014 in 3Q 2023)

Simply Wall St

November 01, 2024

Alpha Group (SZSE:002292) Third Quarter 2024 Results

Key Financial Results

Revenue: CN¥705.7m (down 1.9% from 3Q 2023).
Net income: CN¥16.2m (down 23% from 3Q 2023).
Profit margin: 2.3% (down from 2.9% in 3Q 2023). The decrease in margin was driven by lower revenue.
EPS: CN¥0.011 (down from CN¥0.014 in 3Q 2023).

earnings-and-revenue-history — SZSE:002292 Earnings and Revenue History November 1st 2024

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

Alpha Group Earnings Insights

Looking ahead, revenue is forecast to grow 9.7% 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 share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Alpha Group's balance sheet and an in-depth analysis of the company's financial position.

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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.