Shenzhou International Group Holdings (HKG:2313) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥28.7b (up 15% from FY 2023).
- Net income: CN¥6.24b (up 37% from FY 2023).
- Profit margin: 22% (up from 18% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: CN¥4.15 (up from CN¥3.03 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Shenzhou International Group Holdings Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 6.6%.
Looking ahead, revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in Hong Kong.
Performance of the Hong Kong Luxury industry.
The company's shares are up 3.6% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with Shenzhou International Group Holdings.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.