Leoch International Technology (HKG:842) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥16.1b (up 20% from FY 2023).
- Net income: CN¥566.4m (up 5.8% from FY 2023).
- Profit margin: 3.5% (down from 4.0% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.41 (up from CN¥0.39 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 Mainland China segment contributing a total revenue of CN¥9.47b (59% of total revenue). Notably, cost of sales worth CN¥13.9b amounted to 86% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥559.0m (33% of total expenses). Explore how 842's revenue and expenses shape its earnings.
Leoch International Technology shares are up 12% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for Leoch International Technology (of which 1 is potentially serious!) you should know about.
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