Zhongxing Shenyang Commercial Building GroupLtd Full Year 2024 Earnings: Beats Expectations
Zhongxing Shenyang Commercial Building GroupLtd (SZSE:000715) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥763.3m (down 5.8% from FY 2023).
- Net income: CN¥100.4m (down 25% from FY 2023).
- Profit margin: 13% (down from 17% in FY 2023). The decrease in margin was driven by lower revenue.
- EPS: CN¥0.24 (down from CN¥0.32 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Zhongxing Shenyang Commercial Building GroupLtd Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 33%.
Looking ahead, revenue is expected to decline by 2.6% p.a. on average during the next 2 years, while revenues in the Multiline Retail industry in China are expected to grow by 6.8%.
Performance of the Chinese Multiline Retail industry.
The company's shares are down 5.7% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Zhongxing Shenyang Commercial Building GroupLtd (1 doesn't sit too well with us!) that you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if Zhongxing Shenyang Commercial Building GroupLtd might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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