Stock Analysis

Sitoy Group Holdings Full Year 2024 Earnings: EPS: HK$0.11 (vs HK$0.21 in FY 2023)

Published
SEHK:1023

Sitoy Group Holdings (HKG:1023) Full Year 2024 Results

Key Financial Results

  • Revenue: HK$1.61b (down 12% from FY 2023).
  • Net income: HK$101.9m (down 50% from FY 2023).
  • Profit margin: 6.3% (down from 11% in FY 2023). The decrease in margin was driven by lower revenue.
  • EPS: HK$0.11 (down from HK$0.21 in FY 2023).
SEHK:1023 Revenue and Expenses Breakdown October 21st 2024

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 Manufacturing segment contributing a total revenue of HK$1.20b (75% of total revenue). Notably, cost of sales worth HK$1.03b amounted to 64% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$237.9m (51% of total expenses). Explore how 1023's revenue and expenses shape its earnings.

Sitoy Group Holdings shares are up 6.5% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Sitoy Group Holdings that you should be aware of.

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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.