ZJLD Group First Half 2024 Earnings: EPS: CN¥0.23 (vs CN¥0.59 in 1H 2023)
ZJLD Group (HKG:6979) First Half 2024 Results
Key Financial Results
- Revenue: CN¥4.13b (up 18% from 1H 2023).
- Net income: CN¥751.7m (down 53% from 1H 2023).
- Profit margin: 18% (down from 45% in 1H 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.23 (down from CN¥0.59 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
ZJLD Group Earnings Insights
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Beverage industry in Hong Kong.
Performance of the Hong Kong Beverage industry.
The company's shares are down 2.8% from a week ago.
Risk Analysis
You still need to take note of risks, for example - ZJLD Group has 2 warning signs we think you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if ZJLD Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About SEHK:6979
ZJLD Group
Engages in the production and sale of baijiu products in China.
Undervalued with excellent balance sheet.