ZheJiang Haers Vacuum ContainersLtd Third Quarter 2024 Earnings: EPS: CN¥0.21 (vs CN¥0.26 in 3Q 2023)

ZheJiang Haers Vacuum ContainersLtd (SZSE:002615) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥974.6m (up 27% from 3Q 2023).
• Net income: CN¥96.3m (down 10% from 3Q 2023).
• Profit margin: 9.9% (down from 14% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.21 (down from CN¥0.26 in 3Q 2023).

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

ZheJiang Haers Vacuum ContainersLtd Earnings Insights

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Consumer Durables industry in China.

Performance of the Chinese Consumer Durables industry.

The company's shares are up 7.8% from a week ago.

Risk Analysis

Be aware that ZheJiang Haers Vacuum ContainersLtd is showing 1 warning sign in our investment analysis that you should know about...

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