Tongdao Liepin Group Reports Third Quarter 2024 Earnings

Simply Wall St

December 01, 2024

Tongdao Liepin Group (HKG:6100) Third Quarter 2024 Results

Key Financial Results

Revenue: CN¥502.7m (down 10.0% from 3Q 2023).
Net income: CN¥46.0m (up 44% from 3Q 2023).
Profit margin: 9.1% (up from 5.7% in 3Q 2023).

earnings-and-revenue-growth — SEHK:6100 Earnings and Revenue Growth December 1st 2024

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

Tongdao Liepin Group Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 8.2% growth forecast for the Interactive Media and Services industry in Asia.

Performance of the market in Hong Kong.

The company's shares are up 4.5% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Tongdao Liepin Group (including 1 which can't be ignored).

Valuation is complex, but we're here to simplify it.

Discover if Tongdao Liepin 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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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.