Inspur Digital Enterprise Technology (HKG:596) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥8.20b (down 1.1% from FY 2023).
- Net income: CN¥384.7m (up 91% from FY 2023).
- Profit margin: 4.7% (up from 2.4% in FY 2023). The increase in margin was driven by lower expenses.
- EPS: CN¥0.34 (up from CN¥0.18 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Inspur Digital Enterprise Technology EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 20%. Earnings per share (EPS) exceeded analyst estimates by 14%.
Looking ahead, revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in Hong Kong.
Performance of the Hong Kong Software industry.
The company's shares are up 2.8% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Inspur Digital Enterprise Technology's balance sheet.
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