China Aircraft Leasing Group Holdings Full Year 2024 Earnings: Misses Expectations

China Aircraft Leasing Group Holdings (HKG:1848) Full Year 2024 Results

Key Financial Results

• Revenue: HK$1.98b (down 6.9% from FY 2023).
• Net income: HK$257.5m (up by HK$229.3m from FY 2023).
• Profit margin: 13% (up from 1.3% in FY 2023).
• EPS: HK$0.35 (up from HK$0.038 in FY 2023).

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

China Aircraft Leasing Group Holdings Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 11%.

In the last 12 months, the only revenue segment was Provision of Aircraft Leasing Services contributing HK$1.98b. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to HK$1.69b (98% of total expenses). Explore how 1848's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 51% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Asia.

Performance of the market in Hong Kong.

The company's shares are up 4.9% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with China Aircraft Leasing Group Holdings (at least 1 which can't be ignored), and understanding them should be part of your investment process.

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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.