A-Living Smart City Services (HKG:3319) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥13.9b (down 10% from FY 2023).
- Net loss: CN¥3.27b (down from CN¥460.9m profit in FY 2023).
- CN¥2.30 loss per share (down from CN¥0.33 profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
A-Living Smart City Services Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates significantly.
In the last 12 months, the only revenue segment was Real Estate & Property Managers contributing CN¥13.9b. Notably, cost of sales worth CN¥11.8b amounted to 85% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥3.82b (71% of total expenses). Explore how 3319's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 4.4% growth forecast for the Real Estate industry in Hong Kong.
Performance of the Hong Kong Real Estate industry.
The company's shares are up 7.1% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of A-Living Smart City Services' balance sheet and an in-depth analysis of the company's financial position.
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.