Ningbo Homelink Eco-iTech Third Quarter 2024 Earnings: EPS: CN¥0.028 (vs CN¥0.093 in 3Q 2023)

Ningbo Homelink Eco-iTech (SZSE:301193) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥655.7m (up 42% from 3Q 2023).
• Net income: CN¥5.43m (down 70% from 3Q 2023).
• Profit margin: 0.8% (down from 3.9% in 3Q 2023).
• EPS: CN¥0.028 (down from CN¥0.093 in 3Q 2023).

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

Ningbo Homelink Eco-iTech Earnings Insights

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Consumer Durables industry in China.

Performance of the Chinese Consumer Durables industry.

The company's shares are up 2.9% from a week ago.

Risk Analysis

We should say that we've discovered 4 warning signs for Ningbo Homelink Eco-iTech (1 is potentially serious!) that you should be aware of before investing here.

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