Guangzhou Yuexiu Capital Holdings Group Second Quarter 2024 Earnings: EPS: CN¥0.11 (vs CN¥0.15 in 2Q 2023)

Simply Wall St · 09/01 01:20

Guangzhou Yuexiu Capital Holdings Group (SZSE:000987) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥2.61b (up 68% from 2Q 2023).
  • Net income: CN¥548.7m (down 27% from 2Q 2023).
  • Profit margin: 21% (down from 48% in 2Q 2023). The decrease in margin was driven by higher expenses.
  • EPS: CN¥0.11 (down from CN¥0.15 in 2Q 2023).
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SZSE:000987 Earnings and Revenue Growth September 1st 2024

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

Guangzhou Yuexiu Capital Holdings Group Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Capital Markets industry in China.

Performance of the Chinese Capital Markets industry.

The company's shares are up 2.0% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for Guangzhou Yuexiu Capital Holdings Group (1 can't be ignored!) that you should be aware of before investing here.