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

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).

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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