Beijing Gehua Catv NetworkLtd Third Quarter 2024 Earnings: EPS: CN¥0.023 (vs CN¥0.016 in 3Q 2023)

Beijing Gehua Catv NetworkLtd (SHSE:600037) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥508.1m (down 5.1% from 3Q 2023).
• Net income: CN¥32.7m (up 49% from 3Q 2023).
• Profit margin: 6.4% (up from 4.1% in 3Q 2023).
• EPS: CN¥0.023 (up from CN¥0.016 in 3Q 2023).

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

Beijing Gehua Catv NetworkLtd Earnings Insights

Looking ahead, revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Media industry in China.

Performance of the Chinese Media industry.

The company's shares are up 7.6% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Beijing Gehua Catv NetworkLtd's balance sheet.

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