XGD Full Year 2024 Earnings: Misses Expectations

Simply Wall St

March 31, 2025

XGD (SZSE:300130) Full Year 2024 Results

Key Financial Results

Revenue: CN¥3.15b (down 17% from FY 2023).
Net income: CN¥234.2m (down 69% from FY 2023).
Profit margin: 7.4% (down from 20% in FY 2023).
EPS: CN¥0.42 (down from CN¥1.44 in FY 2023).

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earnings-and-revenue-growth — SZSE:300130 Earnings and Revenue Growth March 31st 2025

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

XGD Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) also missed analyst estimates by 40%.

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China.

Performance of the Chinese Electronic industry.

The company's shares are down 7.9% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for XGD that you should be aware of.

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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.