Jiangsu Lihua Animal Husbandry Third Quarter 2024 Earnings: EPS: CN¥0.71 (vs CN¥0.37 in 3Q 2023)

Jiangsu Lihua Animal Husbandry (SZSE:300761) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥4.88b (up 16% from 3Q 2023).
• Net income: CN¥586.2m (up 91% from 3Q 2023).
• Profit margin: 12% (up from 7.3% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥0.71 (up from CN¥0.37 in 3Q 2023).

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

Jiangsu Lihua Animal Husbandry Earnings Insights

Looking ahead, revenue is forecast to grow 8.7% 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 6.0% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Jiangsu Lihua Animal Husbandry (1 makes us a bit uncomfortable!) that you need to take into consideration.

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