Shanxi Xinghuacun Fen Wine FactoryLtd First Quarter 2024 Earnings: EPS: CN¥5.13 (vs CN¥3.95 in 1Q 2023)

Shanxi Xinghuacun Fen Wine FactoryLtd (SHSE:600809) First Quarter 2024 Results

Key Financial Results

• Revenue: CN¥15.3b (up 21% from 1Q 2023).
• Net income: CN¥6.26b (up 30% from 1Q 2023).
• Profit margin: 41% (up from 38% in 1Q 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥5.13 (up from CN¥3.95 in 1Q 2023).

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

Shanxi Xinghuacun Fen Wine FactoryLtd Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Beverage industry in China.

Performance of the Chinese Beverage industry.

The company's shares are up 5.6% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Shanxi Xinghuacun Fen Wine FactoryLtd that you should be aware of before investing here.

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