Shinelong Automotive Lightweight Application (HKG:1930) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥237.6m (up 8.7% from FY 2023).
- Net income: CN¥16.0m (down 22% from FY 2023).
- Profit margin: 6.7% (down from 9.4% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.024 (down from CN¥0.031 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 Automotive Moulds segment contributing a total revenue of CN¥182.5m (77% of total revenue). Notably, cost of sales worth CN¥190.2m amounted to 80% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥29.3m (82% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of CN¥4.37m. Explore how 1930's revenue and expenses shape its earnings.
Shinelong Automotive Lightweight Application shares are up 2.9% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Shinelong Automotive Lightweight Application (at least 1 which can't be ignored), and understanding them should be part of your investment process.
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