China Aircraft Leasing Group Holdings (HKG:1848) Full Year 2024 Results
Key Financial Results
- Revenue: HK$1.98b (down 6.9% from FY 2023).
- Net income: HK$257.5m (up by HK$229.3m from FY 2023).
- Profit margin: 13% (up from 1.3% in FY 2023).
- EPS: HK$0.35 (up from HK$0.038 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
China Aircraft Leasing Group Holdings Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 11%.
In the last 12 months, the only revenue segment was Provision of Aircraft Leasing Services contributing HK$1.98b. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to HK$1.69b (98% of total expenses). Explore how 1848's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 51% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Asia.
Performance of the market in Hong Kong.
The company's shares are up 4.9% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with China Aircraft Leasing Group Holdings (at least 1 which can't be ignored), and understanding them should be part of your investment process.
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