Focus Lightings Tech Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Focus Lightings Tech (SZSE:300708) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥2.76b (up 11% from FY 2023).
• Net income: CN¥195.6m (up 61% from FY 2023).
• Profit margin: 7.1% (up from 4.9% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥0.30 (up from CN¥0.21 in FY 2023).

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

Focus Lightings Tech EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 14%.

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China.

Performance of the Chinese Semiconductor industry.

The company's shares are up 3.5% from a week ago.

Risk Analysis

Be aware that Focus Lightings Tech is showing 1 warning sign in our investment analysis that you should know about...

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