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Declining Stock and Decent Financials: Is The Market Wrong About Three Squirrels Inc. (SZSE:300783)?
Three Squirrels' (SZSE:300783) Returns On Capital Not Reflecting Well On The Business
Revenue has "returned to the 10 billion" target achieved. Three Squirrels Inc. expects a net profit increase of over 80% year-on-year last year | Interpretations.
① Three Squirrels Inc. expects to achieve revenue of 10.2 billion to 10.8 billion yuan in 2024, a year-on-year growth of 43.37% to 51.8%; it is expected to achieve net income of 0.4 billion to 0.42 billion yuan, a year-on-year increase of 81.99% to 91.09%; ② Following categories and channels, Three Squirrels Inc. has started to focus on building sub-brands.
Is the sales momentum of Douyin effective? Three Squirrels Inc. is expected to break 10 billion in revenue in 2024.
Channel transformation.
Three Squirrels Inc. (300783.SZ): Expected net income for 2024 is projected to grow by 81.99%-91.09% year-on-year.
On January 21, Gelonghui reported that Three Squirrels Inc. (300783.SZ) announced an expected revenue of 10.2 billion yuan to -10.8 billion yuan for 2024, an increase of 43.37% to 51.80% compared to the same period last year, and a net income of 400 million yuan to -420 million yuan, representing a growth of 81.99% to 91.09% year-on-year. The non-net income is expected to be between 300 million yuan and -330 million yuan, with a year-on-year increase of 195.31% to 224.84%. In 2024, the company will firmly implement the Global Strategy of 'high-end cost performance' and maintain an Operation model of 'full category + all channels'.
Three Squirrels: 2024 Performance Forecast
Some Investors May Be Worried About Three Squirrels' (SZSE:300783) Returns On Capital