BIEM.L.FDLKK GarmentLtd Second Quarter 2024 Earnings: EPS: CN¥0.21 (vs CN¥0.20 in 2Q 2023)
BIEM.L.FDLKK GarmentLtd (SZSE:002832) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥668.1m (up 11% from 2Q 2023).
- Net income: CN¥117.1m (up 1.7% from 2Q 2023).
- Profit margin: 18% (down from 19% in 2Q 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.21 (up from CN¥0.20 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
BIEM.L.FDLKK GarmentLtd Earnings Insights
Looking ahead, revenue is forecast to grow 16% 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 up 4.3% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for BIEM.L.FDLKK GarmentLtd that you should be aware of before investing here.
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Discover if BIEM.L.FDLKK GarmentLtd might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About SZSE:002832
BIEM.L.FDLKK GarmentLtd
Engages in the research and development, and design of branded apparel; and brand promotion, marketing network construction, and supply chain management activities in China.
Very undervalued with excellent balance sheet and pays a dividend.