Huakai Yibai TechnologyLtd Third Quarter 2024 Earnings: EPS: CN¥0.14 (vs CN¥0.22 in 3Q 2023)

Huakai Yibai TechnologyLtd (SZSE:300592) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥2.60b (up 48% from 3Q 2023).
• Net income: CN¥54.7m (down 40% from 3Q 2023).
• Profit margin: 2.1% (down from 5.2% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.14 (down from CN¥0.22 in 3Q 2023).

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

Huakai Yibai TechnologyLtd Earnings Insights

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Consumer Services industry in China.

Performance of the Chinese Consumer Services industry.

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

Risk Analysis

What about risks? Every company has them, and we've spotted 4 warning signs for Huakai Yibai TechnologyLtd (of which 1 is significant!) you should know about.

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