SYoung Group Third Quarter 2024 Earnings: CN¥0.029 loss per share (vs CN¥0.097 profit in 3Q 2023)

Simply Wall St

October 31, 2024

SYoung Group (SZSE:300740) Third Quarter 2024 Results

Key Financial Results

Revenue: CN¥752.0m (down 31% from 3Q 2023).
Net loss: CN¥11.4m (down by 130% from CN¥37.6m profit in 3Q 2023).
CN¥0.029 loss per share (down from CN¥0.097 profit in 3Q 2023).

earnings-and-revenue-growth — SZSE:300740 Earnings and Revenue Growth October 31st 2024

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

SYoung Group Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Personal Products industry in China.

Performance of the Chinese Personal Products industry.

The company's shares are down 9.7% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with SYoung Group (at least 1 which is a bit concerning), and understanding these should be part of your investment process.

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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.