Hangzhou Shunwang Technology CoLtd Third Quarter 2024 Earnings: EPS: CN¥0.19 (vs CN¥0.16 in 3Q 2023)

Hangzhou Shunwang Technology CoLtd (SZSE:300113) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥588.8m (up 38% from 3Q 2023).
• Net income: CN¥116.7m (up 23% from 3Q 2023).
• Profit margin: 20% (down from 22% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.19 (up from CN¥0.16 in 3Q 2023).

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

Hangzhou Shunwang Technology CoLtd Earnings Insights

Looking ahead, revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Entertainment industry in China.

Performance of the Chinese Entertainment industry.

The company's shares are up 1.9% from a week ago.

Risk Analysis

Be aware that Hangzhou Shunwang Technology CoLtd is showing 3 warning signs in our investment analysis and 1 of those shouldn't be ignored...

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