Stock Analysis

RENHENG Enterprise Holdings Full Year 2023 Earnings: EPS: HK$0.017 (vs HK$0.003 loss in FY 2022)

SEHK:3628
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RENHENG Enterprise Holdings (HKG:3628) Full Year 2023 Results

Key Financial Results

  • Revenue: HK$124.4m (up 80% from FY 2022).
  • Net income: HK$13.6m (up from HK$2.36m loss in FY 2022).
  • Profit margin: 11% (up from net loss in FY 2022). The move to profitability was driven by higher revenue.
  • EPS: HK$0.017 (up from HK$0.003 loss in FY 2022).
earnings-and-revenue-history
SEHK:3628 Earnings and Revenue History March 31st 2024

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

RENHENG Enterprise Holdings' share price is broadly unchanged from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for RENHENG Enterprise Holdings you should be aware of, and 1 of them makes us a bit uncomfortable.

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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.