China International Capital (HKG:3908) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥4.64b (up 17% from 3Q 2023).
- Net income: CN¥958.6m (down 30% from 3Q 2023).
- Profit margin: 21% (down from 35% in 3Q 2023). The decrease in margin was driven by higher expenses.
All figures shown in the chart above are for the trailing 12 month (TTM) period
China International Capital Earnings Insights
Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Capital Markets industry in Hong Kong.
Performance of the Hong Kong Capital Markets industry.
The company's shares are down 1.3% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for China International Capital that you should be aware of.
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