Astro-century Education&TechnologyLtd Full Year 2023 Earnings: Revenues Beat Expectations, EPS In Line

Astro-century Education&TechnologyLtd (SZSE:300654) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥507.4m (up 17% from FY 2022).
• Net income: CN¥42.3m (up 19% from FY 2022).
• Profit margin: 8.3% (up from 8.2% in FY 2022). The increase in margin was driven by higher revenue.
• EPS: CN¥0.12 (up from CN¥0.10 in FY 2022).

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

Astro-century Education&TechnologyLtd Earnings Insights

Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Media industry in China.

Performance of the Chinese Media industry.

The company's shares are up 10.0% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Astro-century Education&TechnologyLtd has 1 warning sign we think you should be aware of.

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