Yuanda China Holdings Full Year 2023 Earnings: EPS: CN¥0.004 (vs CN¥0.012 in FY 2022)

Yuanda China Holdings (HKG:2789) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥2.57b (down 21% from FY 2022).
• Net income: CN¥25.3m (down 65% from FY 2022).
• Profit margin: 1.0% (down from 2.2% in FY 2022).
• EPS: CN¥0.004 (down from CN¥0.012 in FY 2022).

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 Overseas segment contributing a total revenue of CN¥1.54b (60% of total revenue). Notably, cost of sales worth CN¥2.05b amounted to 80% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥475.8m (93% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of CN¥24.3m. Explore how 2789's revenue and expenses shape its earnings.

Yuanda China Holdings shares are up 2.3% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Yuanda China Holdings has 4 warning signs (and 1 which is potentially serious) we think you should know about.

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