Guangzhou Yuexiu Capital Holdings Group Second Quarter 2024 Earnings: EPS: CN¥0.11 (vs CN¥0.15 in 2Q 2023)

Guangzhou Yuexiu Capital Holdings Group (SZSE:000987) Second Quarter 2024 Results

Key Financial Results

• Revenue: CN¥2.61b (up 68% from 2Q 2023).
• Net income: CN¥548.7m (down 27% from 2Q 2023).
• Profit margin: 21% (down from 48% in 2Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.11 (down from CN¥0.15 in 2Q 2023).

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

Guangzhou Yuexiu Capital Holdings Group Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Capital Markets industry in China.

Performance of the Chinese Capital Markets industry.

The company's shares are up 2.0% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for Guangzhou Yuexiu Capital Holdings Group (1 can't be ignored!) that you should be aware of before investing here.

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