China Galaxy Securities (HKG:6881) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥9.49b (up 26% from 3Q 2023).
- Net income: CN¥3.18b (up 56% from 3Q 2023).
- Profit margin: 34% (up from 27% in 3Q 2023). The increase in margin was driven by higher revenue.
- EPS: CN¥0.20 (up from CN¥0.16 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
China Galaxy Securities Earnings Insights
Looking ahead, revenue is forecast to grow 5.2% 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 up 3.9% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for China Galaxy Securities you should know about.
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