Stock Analysis
- China
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- General Merchandise and Department Stores
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- 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.
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About SZSE:000785
Easyhome New Retail Group
Engages in the operation and management of chain stores in China.