China Lilang (HKG:1234) Full Year 2023 Results
Key Financial Results
- Revenue: CN¥3.54b (up 15% from FY 2022).
- Net income: CN¥530.4m (up 18% from FY 2022).
- Profit margin: 15% (in line with FY 2022).
- EPS: CN¥0.44 (up from CN¥0.37 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
China Lilang Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) also surpassed analyst estimates by 4.0%.
In the last 12 months, the only revenue segment was Manufacturing and Sale of Menswear and Accessories contributing CN¥3.54b. Notably, cost of sales worth CN¥1.84b amounted to 52% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to CN¥957.3m (81% of total expenses). Explore how 1234's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Luxury industry in Hong Kong.
Performance of the Hong Kong Luxury industry.
The company's shares are up 4.8% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with China Lilang, and understanding this should be part of your investment process.
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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.
About SEHK:1234
China Lilang
Engages in the manufacture and sale of branded menswear and related accessories in the People’s Republic of China.
Undervalued with excellent balance sheet and pays a dividend.
