Stock Analysis

Shenzhen Jinjia GroupLtd Third Quarter 2024 Earnings: EPS: CN¥0.039 (vs CN¥0.051 in 3Q 2023)

SZSE:002191
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Shenzhen Jinjia GroupLtd (SZSE:002191) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥703.9m (down 24% from 3Q 2023).
  • Net income: CN¥56.3m (down 26% from 3Q 2023).
  • Profit margin: 8.0% (down from 8.2% in 3Q 2023).
  • EPS: CN¥0.039 (down from CN¥0.051 in 3Q 2023).
earnings-and-revenue-history
SZSE:002191 Earnings and Revenue History October 29th 2024

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

Shenzhen Jinjia GroupLtd Earnings Insights

Looking ahead, revenue is expected to decline by 3.0% p.a. on average during the next 3 years, while revenues in the Packaging industry in China are expected to grow by 12%.

Performance of the Chinese Packaging industry.

The company's shares are up 2.9% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Shenzhen Jinjia GroupLtd you should be aware of, and 2 of them are concerning.

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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.