Stock Analysis

Greentown Management Holdings Full Year 2022 Earnings: Misses Expectations

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Greentown Management Holdings (HKG:9979) Full Year 2022 Results

Key Financial Results

  • Revenue: CN¥2.66b (up 18% from FY 2021).
  • Net income: CN¥744.5m (up 32% from FY 2021).
  • Profit margin: 28% (up from 25% in FY 2021). The increase in margin was driven by higher revenue.
  • EPS: CN¥0.38 (up from CN¥0.29 in FY 2021).
SEHK:9979 Earnings and Revenue Growth March 19th 2023

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

Greentown Management Holdings Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) also missed analyst estimates by 1.5%.

Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Construction industry in Hong Kong.

Performance of the Hong Kong Construction industry.

The company's shares are up 10% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Greentown Management Holdings that we have uncovered.

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