Yongan FuturesLtd Third Quarter 2024 Earnings: EPS: CN¥0.079 (vs CN¥0.10 in 3Q 2023)

Yongan FuturesLtd (SHSE:600927) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥6.56b (down 3.7% from 3Q 2023).
• Net income: CN¥111.5m (down 24% from 3Q 2023).
• Profit margin: 1.7% (down from 2.2% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.079 (down from CN¥0.10 in 3Q 2023).

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

Yongan FuturesLtd Earnings Insights

Looking ahead, revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Capital Markets industry in China.

Performance of the Chinese Capital Markets industry.

The company's shares are down 4.2% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Yongan FuturesLtd has 1 warning sign we think you should be aware of.

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