Helens International Holdings Full Year 2024 Earnings: Misses Expectations

Helens International Holdings (HKG:9869) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥753.2m (down 38% from FY 2023).
• Net loss: CN¥78.0m (down by 143% from CN¥180.5m profit in FY 2023).
• CN¥0.062 loss per share (down from CN¥0.14 profit 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.

9869 Sales Performance and Store Count

• Same store sales growth: Down 21.3% vs FY 2023.
• Total stores: 560 (up by 81 from FY 2023).

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

Helens International Holdings Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 19%. Earnings per share (EPS) was also behind analyst expectations.

The primary driver behind last 12 months revenue was the Mainland China segment contributing a total revenue of CN¥732.0m (97% of total revenue). Notably, cost of sales worth CN¥525.9m amounted to 70% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to CN¥126.2m (41% of total expenses). Explore how 9869's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Hong Kong.

Performance of the Hong Kong Hospitality industry.

The company's shares are down 2.4% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Helens International Holdings that you need to be mindful of.

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.