IVD Medical Holding (HKG:1931) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥3.16b (up 2.4% from FY 2023).
- Net income: CN¥260.4m (up 9.3% from FY 2023).
- Profit margin: 8.2% (up from 7.7% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: CN¥0.17.
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 Distribution Business segment contributing a total revenue of CN¥2.95b (93% of total revenue). Notably, cost of sales worth CN¥2.41b amounted to 76% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling CN¥183.8m 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 1931's revenue and expenses shape its earnings.
IVD Medical Holding shares are down 4.0% 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 IVD Medical Holding that you need to be mindful of.
Valuation is complex, but we're here to simplify it.
Discover if IVD Medical Holding might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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