YanKer shop FoodLtd (SZSE:002847) Q2 2024 Results
Key financial results
- Sales: CN¥1.24 billion (up 23% from Q2 2023).
- Net profit: CN¥159.8 million (up 19% from Q2 2023).
- Profit margin: 13% (equivalent to Q2 2023).
- Earnings per share: CN¥0.58 (compared to CN¥0.50 in Q2 2023).
All figures shown in the graph above refer to the last 12 months (TTM)
YanKer shop FoodLtd earnings per share miss expectations
Sales were in line with analysts’ estimates. Earnings per share (EPS) missed analysts’ estimates by 38%.
An average sales growth of 20% per year is expected for the next three years. In the Chinese food industry, however, growth of 11% is forecast.
Performance of Chinese food industry.
The company’s share price remained largely unchanged compared to the previous week.
Risk analysis
However, it is worth noting that we have found 1 warning sign for YanKer Shop FoodLtd that you need to take into account.
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