Shanghai Industrial Holdings (HKG:363) Full Year 2024 Results
Key Financial Results
- Revenue: HK$28.9b (down 12% from FY 2023).
- Net income: HK$2.81b (down 18% from FY 2023).
- Profit margin: 9.7% (in line with FY 2023).
- EPS: HK$2.58 (down from HK$3.15 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Shanghai Industrial Holdings Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) missed analyst estimates by 13%.
Looking ahead, revenue is forecast to grow 3.0% p.a. on average during the next 3 years, while revenues in the Industrials industry in Hong Kong are expected to remain flat.
Performance of the Hong Kong Industrials industry.
The company's shares are up 1.6% from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for Shanghai Industrial Holdings (1 makes us a bit uncomfortable!) that you should be aware of before investing here.
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.