Stock Analysis

Beijing Dabeinong Technology GroupLtd Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

SZSE:002385
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Beijing Dabeinong Technology GroupLtd (SZSE:002385) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN„7.05b (down 15% from 3Q 2023).
  • Net income: CN„289.4m (up from CN„134.4m loss in 3Q 2023).
  • Profit margin: 4.1% (up from net loss in 3Q 2023).
  • EPS: CN„0.052 (up from CN„0.032 loss in 3Q 2023).
earnings-and-revenue-growth
SZSE:002385 Earnings and Revenue Growth October 25th 2024

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

Beijing Dabeinong Technology GroupLtd EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 7.1%. Earnings per share (EPS) exceeded analyst estimates by 197%.

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Food industry in China.

Performance of the Chinese Food industry.

The company's shares are up 6.6% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Beijing Dabeinong Technology GroupLtd (1 makes us a bit uncomfortable!) that you should be aware of before investing here.

Valuation is complex, but we're here to simplify it.

Discover if Beijing Dabeinong Technology GroupLtd might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.