Guangdong Tapai Group Third Quarter 2024 Earnings: EPS: CN¥0.14 (vs CN¥0.11 in 3Q 2023)

Simply Wall St · 10/25 22:57

Guangdong Tapai Group (SZSE:002233) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥953.9m (down 23% from 3Q 2023).
  • Net income: CN¥154.9m (up 20% from 3Q 2023).
  • Profit margin: 16% (up from 10% in 3Q 2023). The increase in margin was driven by lower expenses.
  • EPS: CN¥0.14 (up from CN¥0.11 in 3Q 2023).
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SZSE:002233 Earnings and Revenue Growth October 25th 2024

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

Guangdong Tapai Group Earnings Insights

Looking ahead, revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Basic Materials industry in China.

Performance of the Chinese Basic Materials industry.

The company's shares are up 1.7% from a week ago.

Risk Analysis

Be aware that Guangdong Tapai Group is showing 2 warning signs in our investment analysis and 1 of those can't be ignored...