Shanghai Yaoji Technology Third Quarter 2024 Earnings: EPS: CN¥0.34 (vs CN¥0.37 in 3Q 2023)

Simply Wall St

November 01, 2024

Shanghai Yaoji Technology (SZSE:002605) Third Quarter 2024 Results

Key Financial Results

Revenue: CN¥881.3m (down 28% from 3Q 2023).
Net income: CN¥139.9m (down 6.7% from 3Q 2023).
Profit margin: 16% (up from 12% in 3Q 2023). The increase in margin was driven by lower expenses.
EPS: CN¥0.34 (down from CN¥0.37 in 3Q 2023).

earnings-and-revenue-growth — SZSE:002605 Earnings and Revenue Growth November 1st 2024

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

Shanghai Yaoji Technology Earnings Insights

Looking ahead, revenue is forecast to grow 15% 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 up 1.6% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Shanghai Yaoji Technology that we have uncovered.

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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.