Beijing Caishikou Department StoreLtd Third Quarter 2024 Earnings: EPS: CN¥0.20 (vs CN¥0.23 in 3Q 2023)

Beijing Caishikou Department StoreLtd (SHSE:605599) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥4.36b (up 8.7% from 3Q 2023).
• Net income: CN¥154.3m (down 14% from 3Q 2023).
• Profit margin: 3.5% (down from 4.5% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.20 (down from CN¥0.23 in 3Q 2023).

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

Beijing Caishikou Department StoreLtd Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Specialty Retail industry in China.

Performance of the Chinese Specialty Retail industry.

The company's shares are up 3.4% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Beijing Caishikou Department StoreLtd that we have uncovered.

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