China Conch Environment Protection Holdings Full Year 2024 Earnings: EPS: CN¥0.003 (vs CN¥0.14 in FY 2023)

China Conch Environment Protection Holdings (HKG:587) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥1.69b (down 10% from FY 2023).
• Net income: CN¥6.28m (down 98% from FY 2023).
• Profit margin: 0.4% (down from 14% in FY 2023).
• EPS: CN¥0.003 (down from CN¥0.14 in FY 2023).

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

China Conch Environment Protection Holdings Earnings Insights

The primary driver behind last 12 months revenue was the Industrial Hazardous Waste Treatment Services segment contributing a total revenue of CN¥1.15b (68% of total revenue). Notably, cost of sales worth CN¥1.06b amounted to 63% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥358.9m (58% of total expenses). Explore how 587's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Hong Kong.

Performance of the Hong Kong Commercial Services industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 4 warning signs for China Conch Environment Protection Holdings you should be aware of, and 2 of them don't sit too well with us.

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