Zhuhai Huafa PropertiesLtd Full Year 2024 Earnings: Misses Expectations

Zhuhai Huafa PropertiesLtd (SHSE:600325) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥60.0b (down 17% from FY 2023).
• Net income: CN¥951.3m (down 48% from FY 2023).
• Profit margin: 1.6% (down from 2.5% in FY 2023).
• EPS: CN¥0.35 (down from CN¥0.79 in FY 2023).

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

Zhuhai Huafa PropertiesLtd Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 15%. Earnings per share (EPS) also missed analyst estimates by 42%.

Looking ahead, revenue is forecast to grow 6.5% p.a. on average during the next 2 years, while revenues in the Real Estate industry in China are expected to remain flat.

Performance of the Chinese Real Estate industry.

The company's shares are up 2.8% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Zhuhai Huafa PropertiesLtd has 4 warning signs (and 1 which is significant) we think you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.