Stock Analysis
Yadea Group Holdings Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag
Yadea Group Holdings (HKG:1585) Full Year 2023 Results
Key Financial Results
- Revenue: CN¥34.8b (up 12% from FY 2022).
- Net income: CN¥2.64b (up 22% from FY 2022).
- Profit margin: 7.6% (up from 7.0% in FY 2022). The increase in margin was driven by higher revenue.
- EPS: CN¥0.89 (up from CN¥0.74 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Yadea Group Holdings EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) exceeded analyst estimates by 1.1%.
Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Auto industry in Hong Kong.
Performance of the Hong Kong Auto industry.
The company's shares are up 3.6% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Yadea Group Holdings has 1 warning sign we think you should be aware of.
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About SEHK:1585
Yadea Group Holdings
Yadea Group Holdings Ltd., an investment holding company, engages in the development, manufacture and sale of electric two-wheeled vehicles and related accessories in the People’s Republic of China.
Undervalued with solid track record.