JNBY Design (HKG:3306) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥5.24b (up 17% from FY 2023).
- Net income: CN¥849.1m (up 37% from FY 2023).
- Profit margin: 16% (up from 14% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: CN¥1.68 (up from CN¥1.24 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
JNBY Design Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
The primary driver behind last 12 months revenue was the Mature Brand segment contributing a total revenue of CN¥2.94b (56% of total revenue). The largest operating expense was Sales & Marketing costs, amounting to CN¥1.83b (70% of total expenses). Explore how 3306's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Luxury industry in Hong Kong.
Performance of the Hong Kong Luxury industry.
The company's shares are up 12% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for JNBY Design that you should be aware of.
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