Intron Technology Holdings (HKG:1760) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥6.69b (up 15% from FY 2023).
- Net income: CN¥208.6m (down 34% from FY 2023).
- Profit margin: 3.1% (down from 5.5% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.19 (down from CN¥0.29 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Intron Technology Holdings Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) missed analyst estimates by 6.4%.
The primary driver behind last 12 months revenue was the Mainland China segment contributing a total revenue of CN¥6.42b (96% of total revenue). Notably, cost of sales worth CN¥5.72b amounted to 86% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥561.4m (74% of total expenses). Explore how 1760's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Auto Components industry in Hong Kong.
Performance of the Hong Kong Auto Components industry.
The company's shares are up 7.4% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 4 warning signs for Intron Technology Holdings you should be aware of, and 2 of them don't sit too well with us.
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