SEHK:2400Entertainment
XD (SEHK:2400) Net Margin Jump To 26.6% Challenges Valuation Caution Narratives
XD (SEHK:2400) has put up a solid set of FY 2025 numbers, with first half revenue of C¥3.1b and basic EPS of C¥1.57 helping to underpin trailing twelve month EPS of C¥3.19 on revenue of C¥5.8b. This comes alongside reported earnings growth of 89.2% and a net margin of 26.6% versus 16.2% a year earlier. The company has seen revenue move from C¥2.2b and basic EPS of C¥0.43 in 1H 2024, to C¥2.8b and EPS of C¥1.27 in 2H 2024, then to C¥3.1b and EPS of C¥1.57 in 1H 2025. This sets up a results...