- China
- /
- General Merchandise and Department Stores
- /
- SZSE:000785
Easyhome New Retail Group Second Quarter 2024 Earnings: EPS: CN¥0.041 (vs CN¥0.06 in 2Q 2023)
Easyhome New Retail Group (SZSE:000785) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥3.21b (up 1.7% from 2Q 2023).
- Net income: CN¥253.6m (down 39% from 2Q 2023).
- Profit margin: 7.9% (down from 13% in 2Q 2023).
- EPS: CN¥0.041 (down from CN¥0.06 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Easyhome New Retail Group Earnings Insights
Looking ahead, revenue is forecast to grow 10% 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 up 6.2% from a week ago.
Risk Analysis
We should say that we've discovered 3 warning signs for Easyhome New Retail Group that you should be aware of before investing here.
Valuation is complex, but we're here to simplify it.
Discover if Easyhome New Retail Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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:000785
Easyhome New Retail Group
Engages in the operation and management of chain stores in China.
Good value second-rate dividend payer.