Stock Analysis
State Energy Group International Assets Holdings Full Year 2024 Earnings: HK$0.068 loss per share (vs HK$0.009 loss in FY 2023)
State Energy Group International Assets Holdings (HKG:918) Full Year 2024 Results
Key Financial Results
- Revenue: HK$246.0m (up 19% from FY 2023).
- Net loss: HK$66.6m (loss widened by HK$59.8m from FY 2023).
- HK$0.068 loss per share (further deteriorated from HK$0.009 loss in FY 2023).
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 Unmanned Aerial Vehicles Business segment contributing a total revenue of HK$134.5m (55% of total revenue). Notably, cost of sales worth HK$190.6m amounted to 77% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$100.6m (82% of total expenses). Explore how 918's revenue and expenses shape its earnings.
State Energy Group International Assets Holdings shares are down 2.8% from a week ago.
Risk Analysis
You should learn about the 4 warning signs we've spotted with State Energy Group International Assets Holdings (including 2 which make us uncomfortable).
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About SEHK:918
State Energy Group International Assets Holdings
An investment holding company, engages in the wholesale of timepieces and accessories, and garment and sportswear products in the People’s Republic of China, Taiwan, Hong Kong, and Africa.
Adequate balance sheet low.
