ANTA Sports Products Full Year 2024 Earnings: Beats Expectations

Simply Wall St

April 03, 2025

ANTA Sports Products (HKG:2020) Full Year 2024 Results

Key Financial Results

Revenue: CN¥70.8b (up 14% from FY 2023).
Net income: CN¥15.6b (up 52% from FY 2023).
Profit margin: 22% (up from 16% in FY 2023).
EPS: CN¥5.55 (up from CN¥3.69 in FY 2023).

AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early.

revenue-and-expenses-breakdown — SEHK:2020 Revenue and Expenses Breakdown April 3rd 2025

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

ANTA Sports Products Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 17%.

The primary driver behind last 12 months revenue was the ANTA Brand segment contributing a total revenue of CN¥33.5b (47% of total revenue). The largest operating expense was Sales & Marketing costs, amounting to CN¥25.6b (90% of total expenses). Explore how 2020's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in Hong Kong.

Performance of the Hong Kong Luxury industry.

The company's shares are down 4.7% from a week ago.

Risk Analysis

You still need to take note of risks, for example - ANTA Sports Products has 1 warning sign we think you should be aware of.

New: Manage All Your Stock Portfolios in One Place

We've created the ultimate portfolio companion for stock investors, and it's free.

• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks

Try a Demo Portfolio for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.