China First Capital Group Full Year 2024 Earnings: CN¥0.21 loss per share (vs CN¥0.19 loss in FY 2023)

China First Capital Group (HKG:1269) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥2.19b (up 19% from FY 2023).
• Net loss: CN¥393.2m (loss widened by 13% from FY 2023).
• CN¥0.21 loss per share (further deteriorated from CN¥0.19 loss in FY 2023).

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

The primary driver behind last 12 months revenue was the Automotive Parts Business segment contributing a total revenue of CN¥2.10b (96% of total revenue). Notably, cost of sales worth CN¥1.84b amounted to 84% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥390.5m (53% of total expenses). Explore how 1269's revenue and expenses shape its earnings.

China First Capital Group shares are up 2.8% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for China First Capital Group (of which 2 can't be ignored!) you should know about.

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