Guangdong Chj IndustryLtd Third Quarter 2024 Earnings: EPS: CN¥0.10 (vs CN¥0.12 in 3Q 2023)

Guangdong Chj IndustryLtd (SZSE:002345) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.43b (down 4.4% from 3Q 2023).
• Net income: CN¥86.4m (down 17% from 3Q 2023).
• Profit margin: 6.1% (down from 7.0% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.10 (down from CN¥0.12 in 3Q 2023).

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

Guangdong Chj IndustryLtd Earnings Insights

Looking ahead, revenue is forecast to grow 15% 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 shares are down 1.2% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Guangdong Chj IndustryLtd that you should be aware of.

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