Jiumaojiu International Holdings (HKG:9922) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥6.07b (up 1.5% from FY 2023).
- Net income: CN¥55.8m (down 88% from FY 2023).
- Profit margin: 0.9% (down from 7.6% in FY 2023).
- EPS: CN¥0.039 (down from CN¥0.31 in FY 2023).
9922 Sales Performance and Store Count
- Same store sales growth: Down 18.8% vs FY 2023.
- Total stores: 807 (up by 81 from FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Jiumaojiu International Holdings Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 24%.
Looking ahead, revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Hong Kong.
Performance of the Hong Kong Hospitality industry.
The company's shares are down 3.8% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Jiumaojiu International Holdings that you should be aware of.
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