Stock Analysis

Chang Chun Eurasia Group Third Quarter 2024 Earnings: EPS: CN¥0.021 (vs CN¥0.03 in 3Q 2023)

Published
SHSE:600697

Chang Chun Eurasia Group (SHSE:600697) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥1.82b (flat on 3Q 2023).
  • Net income: CN¥3.39m (down 25% from 3Q 2023).
  • Profit margin: 0.2% (in line with 3Q 2023).
  • EPS: CN¥0.021 (down from CN¥0.03 in 3Q 2023).
SHSE:600697 Earnings and Revenue Growth October 29th 2024

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

Chang Chun Eurasia Group Earnings Insights

Looking ahead, revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Multiline Retail industry in China.

Performance of the Chinese Multiline Retail industry.

The company's shares are up 4.8% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Chang Chun Eurasia Group (1 is significant!) that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.