Tianli International Holdings Full Year 2023 Earnings: EPS: CN¥0.16 (vs CN¥0.046 in FY 2022)

Tianli International Holdings (HKG:1773) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥2.30b (up 160% from FY 2022).
• Net income: CN¥333.8m (up 246% from FY 2022).
• Profit margin: 14% (up from 11% in FY 2022). The increase in margin was driven by higher revenue.
• EPS: CN¥0.16 (up from CN¥0.046 in FY 2022).

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

Tianli International Holdings Earnings Insights

In the last 12 months, the only revenue segment was Provision of Education and Related Management Services contributing CN¥2.30b. Notably, cost of sales worth CN¥1.52b amounted to 66% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥240.1m (54% of total expenses). Explore how 1773's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Consumer Services industry in Hong Kong.

Performance of the Hong Kong Consumer Services industry.

The company's shares are down 12% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Tianli International Holdings that we have uncovered.

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.