- China
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- General Merchandise and Department Stores
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- SZSE:000715
Zhongxing Shenyang Commercial Building GroupLtd Third Quarter 2024 Earnings: EPS: CN¥0.04 (vs CN¥0.062 in 3Q 2023)
Zhongxing Shenyang Commercial Building GroupLtd (SZSE:000715) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥162.7m (down 17% from 3Q 2023).
- Net income: CN¥16.2m (down 42% from 3Q 2023).
- Profit margin: 10.0% (down from 14% in 3Q 2023). The decrease in margin was driven by lower revenue.
- EPS: CN¥0.04 (down from CN¥0.062 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Zhongxing Shenyang Commercial Building GroupLtd Earnings Insights
Looking ahead, revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Multiline Retail industry in China.
Performance of the Chinese Multiline Retail industry.
The company's shares are down 2.8% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Zhongxing Shenyang Commercial Building GroupLtd 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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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.
About SZSE:000715
Zhongxing Shenyang Commercial Building GroupLtd
Operates department stores, supermarkets, and online shopping platforms in China.
Excellent balance sheet average dividend payer.