Beijing Urban Construction Design & Development Group (HKG:1599) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥8.66b (down 16% from FY 2023).
- Net income: CN¥516.9m (down 41% from FY 2023).
- Profit margin: 6.0% (down from 8.4% in FY 2023). The decrease in margin was driven by lower revenue.
- EPS: CN¥0.38 (down from CN¥0.65 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
The primary driver behind last 12 months revenue was the Construction Contracting segment contributing a total revenue of CN¥4.60b (53% of total revenue). Notably, cost of sales worth CN¥7.10b amounted to 82% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥1.03b (94% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of CN¥55.5m. Explore how 1599's revenue and expenses shape its earnings.
Beijing Urban Construction Design & Development Group shares are up 1.5% from a week ago.
Risk Analysis
Be aware that Beijing Urban Construction Design & Development Group is showing 2 warning signs in our investment analysis and 1 of those makes us a bit uncomfortable...
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