Easyhome New Retail Group Third Quarter 2024 Earnings: EPS: CN¥0.023 (vs CN¥0.049 in 3Q 2023)

Easyhome New Retail Group (SZSE:000785) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥3.13b (down 6.2% from 3Q 2023).
• Net income: CN¥129.0m (down 55% from 3Q 2023).
• Profit margin: 4.1% (down from 8.5% in 3Q 2023).
• EPS: CN¥0.023 (down from CN¥0.049 in 3Q 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 9.1% 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 1.8% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Easyhome New Retail Group that you should be aware of.

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