Xiamen Xiangyu Third Quarter 2024 Earnings: EPS: CN¥0.028 (vs CN¥0.11 in 3Q 2023)
Xiamen Xiangyu (SHSE:600057) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥94.2b (down 30% from 3Q 2023).
- Net income: CN¥110.7m (down 62% from 3Q 2023).
- Profit margin: 0.1% (down from 0.2% in 3Q 2023).
- EPS: CN¥0.028 (down from CN¥0.11 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Xiamen Xiangyu Earnings Insights
Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Logistics industry in China.
Performance of the Chinese Logistics industry.
The company's shares are down 5.8% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for Xiamen Xiangyu you should be aware of.
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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 SHSE:600057
Xiamen Xiangyu
Provides supply chain services in the People’s Republic of China.
Excellent balance sheet, good value and pays a dividend.
