SEHK:2473Specialty Retail
XXF Group Holdings (SEHK:2473) Margin Compression Reinforces Bearish Narrative Despite High P/E
XXF Group Holdings (SEHK:2473) has opened FY 2025 with first half revenue of C¥613.1 million and basic EPS of C¥0.014536, while the trailing 12 month line shows revenue of about C¥1.3 billion and EPS of C¥0.027649. Over the last three reported half years, revenue has moved from C¥504.3 million in 1H FY 2024 to C¥661.3 million in 2H FY 2024 and then C¥613.1 million in 1H FY 2025, with EPS stepping from C¥0.012725 to C¥0.013113 and most recently C¥0.014536. This sets up an earnings story where...