Tianjin LVYIN Landscape and Ecology Construction (SZSE:002887) Q3 2024 Financial Overview
Financial Performance Highlights
For the third quarter of 2024, Tianjin LVYIN Landscape and Ecology Construction reported a revenue of CN¥71.9 million, reflecting a decline of 24% compared to the same period in 2023. The company’s net income stood at CN¥10.4 million, down a significant 59% from Q3 of last year. Consequently, its profit margin decreased to 14%, compared with the more robust margin of 27% recorded in Q3 2023. Earnings per share (EPS) for this quarter dropped to CN¥0.034 from the previous year’s CN¥0.081.
The data represented here pertains to the trailing twelve-month (TTM) period.
Future Outlook for Earnings
Looking forward, analysts project an average annual revenue growth rate of approximately 3.4% over the next three years for Tianjin LVYIN, which lags behind the anticipated industry growth rate of around 11% within China’s construction sector.
An overview regarding sector performance in China’s construction industry.
Tianjin LVYIN’s stock has appreciated by 2.6% over the last week.
Consideration of Risks
It is imperative to remain vigilant concerning potential risks associated with investments. Specifically, we have identified two key warning indicators that investors should take into account related to Tianjin LVYIN Landscape and Ecology Construction.
Pursuing Valuation Simplification
Navigating valuations can be intricate; however, our analysis aims to clarify whether Tianjin LVYIN may be considered undervalued or overvalued through careful assessment involving fair value estimates alongside potential risks and dividends as well as insider trading activities and financial health metrics.
Access Comprehensive Analysis
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This article is published by Simply Wall St and serves as general information only. It offers commentary based on historical performance data alongside analyst predictions using an impartial approach; it does not constitute financial advice aimed at buying or selling stocks nor considers individual investment goals or financial situations. Our focus is on delivering long-term analyses driven by fundamental metrics while acknowledging that current price-sensitive information may not be reflected in our insights. Simply Wall St holds no investment positions in any companies mentioned herein.