China Shengmu Organic Milk Full Year 2023 Earnings: EPS: CN¥0.01 (vs CN¥0.05 in FY 2022)

China Shengmu Organic Milk (HKG:1432) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥3.38b (up 6.5% from FY 2022).
• Net income: CN¥86.1m (down 79% from FY 2022).
• Profit margin: 2.5% (down from 13% in FY 2022).
• EPS: CN¥0.01 (down from CN¥0.05 in FY 2022).

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

In the last 12 months, the only revenue segment was Dairy Farming Business contributing CN¥3.38b. Notably, cost of sales worth CN¥2.36b amounted to 70% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling CN¥708.0m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how 1432's revenue and expenses shape its earnings.

China Shengmu Organic Milk shares are down 1.1% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for China Shengmu Organic Milk that you need to take into consideration.

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