Central New Energy Holding Group Full Year 2024 Earnings: EPS: HK$0.025 (vs HK$0.016 in FY 2023)
Central New Energy Holding Group (HKG:1735) Full Year 2024 Results
Key Financial Results
- Revenue: HK$6.03b (up 50% from FY 2023).
- Net income: HK$106.4m (up 60% from FY 2023).
- Profit margin: 1.8% (up from 1.6% in FY 2023).
- EPS: HK$0.025 (up from HK$0.016 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 New Energy and EPC segment contributing a total revenue of HK$4.13b (68% of total revenue). Notably, cost of sales worth HK$5.90b amounted to 98% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$172.8m (90% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of HK$171.4m. Explore how 1735's revenue and expenses shape its earnings.
Central New Energy Holding Group shares are up 11% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for Central New Energy Holding Group you should know about.
Valuation is complex, but we're here to simplify it.
Discover if Central New Energy Holding Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.