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

Simply Wall St

November 02, 2024

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).

earnings-and-revenue-growth — SHSE:600927 Earnings and Revenue Growth November 2nd 2024

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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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.