CM Energy Tech Full Year 2024 Earnings: EPS: US$0.003 (vs US$0.003 in FY 2023)

CM Energy Tech (HKG:206) Full Year 2024 Results

Key Financial Results

• Revenue: US$166.8m (down 8.0% from FY 2023).
• Net income: US$9.16m (down 3.6% from FY 2023).
• Profit margin: 5.5% (up from 5.2% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: US$0.003 (in line with 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 Equipment manufacturing and packages segment contributing a total revenue of US$112.3m (67% of total revenue). Notably, cost of sales worth US$125.3m amounted to 75% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$27.3m (84% of total expenses). Explore how 206's revenue and expenses shape its earnings.

CM Energy Tech shares are down 1.2% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with CM Energy Tech.

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