Chengdu B-ray MediaLtd Third Quarter 2024 Earnings: EPS: CN¥0.001 (vs CN¥0.087 in 3Q 2023)

Chengdu B-ray MediaLtd (SHSE:600880) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥118.4m (down 36% from 3Q 2023).
• Net income: CN¥3.62m (down 86% from 3Q 2023).
• Profit margin: 3.1% (down from 14% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: CN¥0.001 (down from CN¥0.087 in 3Q 2023).

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

Chengdu B-ray MediaLtd Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 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 7.5% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Chengdu B-ray MediaLtd you should be aware of.

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