Shenwan Hongyuan Group Full Year 2024 Earnings: Revenues Beat Expectations, EPS In Line

Shenwan Hongyuan Group (SZSE:000166) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥25.8b (up 18% from FY 2023).
• Net income: CN¥5.21b (up 13% from FY 2023).
• Profit margin: 20% (in line with FY 2023).
• EPS: CN¥0.21 (up from CN¥0.18 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Shenwan Hongyuan Group Revenues Beat Expectations

Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) was mostly in line with analyst estimates.

The primary driver behind last 12 months revenue was the Institutional Services and Trading segment contributing a total revenue of CN¥19.2b (74% of total revenue). Explore how 000166's revenue and expenses shape its earnings.

Looking ahead, revenue is expected to decline by 1.5% p.a. on average during the next 2 years, while revenues in the Capital Markets industry in China are expected to grow by 7.3%.

Performance of the Chinese Capital Markets industry.

The company's shares are up 1.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Shenwan Hongyuan Group you should be aware of.

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