Jiayou International LogisticsLtd Third Quarter 2024 Earnings: EPS: CN¥0.34 (vs CN¥0.26 in 3Q 2023)

Jiayou International LogisticsLtd (SHSE:603871) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.90b (down 17% from 3Q 2023).
• Net income: CN¥329.3m (up 31% from 3Q 2023).
• Profit margin: 17% (up from 11% in 3Q 2023). The increase in margin was driven by lower expenses.
• EPS: CN¥0.34 (up from CN¥0.26 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Jiayou International LogisticsLtd Earnings Insights

Looking ahead, revenue is forecast to grow 25% 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 9.2% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Jiayou International LogisticsLtd (1 is significant!) that you need to be mindful of.

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