Shandong Yuma Sun-shading Technology Third Quarter 2024 Earnings: EPS: CN¥0.14 (vs CN¥0.15 in 3Q 2023)

Shandong Yuma Sun-shading Technology (SZSE:300993) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥189.7m (up 9.6% from 3Q 2023).
• Net income: CN¥41.8m (down 11% from 3Q 2023).
• Profit margin: 22% (down from 27% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.14 (down from CN¥0.15 in 3Q 2023).

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

Shandong Yuma Sun-shading Technology Earnings Insights

Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Consumer Durables industry in China.

Performance of the Chinese Consumer Durables industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Shandong Yuma Sun-shading Technology that you need to be mindful of.

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