Zhuhai Huafa PropertiesLtd Third Quarter 2024 Earnings: EPS: CN¥0.023 (vs CN¥0.13 in 3Q 2023)

Zhuhai Huafa PropertiesLtd (SHSE:600325) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥6.72b (down 57% from 3Q 2023).
• Net income: CN¥66.1m (down 76% from 3Q 2023).
• Profit margin: 1.0% (down from 1.7% in 3Q 2023).
• EPS: CN¥0.023 (down from CN¥0.13 in 3Q 2023).

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

Zhuhai Huafa PropertiesLtd Earnings Insights

Looking ahead, revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Real Estate industry in China.

Performance of the Chinese Real Estate industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should learn about the 5 warning signs we've spotted with Zhuhai Huafa PropertiesLtd (including 2 which are concerning).

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