Southern Publishing and MediaLtd Third Quarter 2024 Earnings: EPS: CN¥0.26 (vs CN¥0.30 in 3Q 2023)
Southern Publishing and MediaLtd (SHSE:601900) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥2.45b (up 2.7% from 3Q 2023).
- Net income: CN¥230.1m (down 15% from 3Q 2023).
- Profit margin: 9.4% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.26 (down from CN¥0.30 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Southern Publishing and MediaLtd Earnings Insights
Looking ahead, revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Media industry in China.
Performance of the Chinese Media industry.
The company's shares are down 2.3% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for Southern Publishing and MediaLtd (of which 1 is potentially serious!) you should know about.
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About SHSE:601900
Southern Publishing and MediaLtd
Southern Publishing and Media Co., Ltd. operates as a publishing company in China.
Excellent balance sheet and good value.