Want Want China Holdings Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Want Want China Holdings (HKG:151) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥23.6b (up 2.9% from FY 2023).
• Net income: CN¥3.99b (up 18% from FY 2023).
• Profit margin: 17% (up from 15% in FY 2023).
• EPS: CN¥0.34 (up from CN¥0.28 in FY 2023).

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

Want Want China Holdings EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates by 3.5%.

The primary driver behind last 12 months revenue was the Dairy Products and Beverages segment contributing a total revenue of CN¥12.0b (51% of total revenue). Notably, cost of sales worth CN¥12.6b amounted to 53% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥3.04b (43% of total expenses). Explore how 151's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Food industry in Hong Kong.

Performance of the Hong Kong Food industry.

The company's shares are down 1.9% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Want Want China Holdings that you should be aware 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com