Stock Analysis

Yidu Tech Full Year 2024 Earnings: EPS Beats Expectations

SEHK:2158
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Yidu Tech (HKG:2158) Full Year 2024 Results

Key Financial Results

  • Revenue: CN¥807.1m (flat on FY 2023).
  • Net loss: CN¥194.9m (loss narrowed by 69% from FY 2023).
  • CN¥0.19 loss per share (improved from CN¥0.63 loss in FY 2023).
earnings-and-revenue-growth
SEHK:2158 Earnings and Revenue Growth June 29th 2024

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

Yidu Tech EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.1%.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Healthcare Services industry in Asia.

Performance of the market in Hong Kong.

The company's shares are down 8.2% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Yidu Tech's balance sheet and an in-depth analysis of the company's financial position.

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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.