Guolian Securities Third Quarter 2024 Earnings: EPS: CN¥0.12 (vs CN¥0.046 in 3Q 2023)

Guolian Securities (HKG:1456) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥847.3m (up 71% from 3Q 2023).
• Net income: CN¥308.1m (up 144% from 3Q 2023).
• Profit margin: 36% (up from 26% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥0.12 (up from CN¥0.046 in 3Q 2023).

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

Guolian Securities Earnings Insights

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Capital Markets industry in Hong Kong.

Performance of the Hong Kong Capital Markets industry.

The company's shares are up 2.1% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Guolian Securities (of which 1 makes us a bit uncomfortable!) you should know about.

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