Stock Analysis

Yue Yuen Industrial (Holdings) Reports Third Quarter 2022 Earnings

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Yue Yuen Industrial (Holdings) (HKG:551) Third Quarter 2022 Results

Key Financial Results

  • Revenue: US$2.26b (up 38% from 3Q 2021).
  • Net income: US$95.1m (up from US$70.7m loss in 3Q 2021).
  • Profit margin: 4.2% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue.
  • EPS: US$0.059.
SEHK:551 Earnings and Revenue Growth November 16th 2022

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

Yue Yuen Industrial (Holdings) Earnings Insights

Looking ahead, revenue is forecast to grow 5.8% 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 up 19% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Yue Yuen Industrial (Holdings) you should be aware of.

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About SEHK:551

Yue Yuen Industrial (Holdings)

Yue Yuen Industrial (Holdings) Limited, an investment holding company, engages in manufacturing, marketing, and retailing athletic footwear, athletic leisure footwear, and casual and outdoor footwear in the People’s Republic of China, rest of Asia, the United States, Europe, and internationally.

Proven track record with adequate balance sheet.