China Ludao Technology Full Year 2024 Earnings: EPS: CN¥0.10 (vs CN¥0.089 in FY 2023)

China Ludao Technology (HKG:2023) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥906.8m (up 28% from FY 2023).
• Net income: CN¥51.3m (up 18% from FY 2023).
• Profit margin: 5.7% (down from 6.2% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.10 (up from CN¥0.089 in FY 2023).

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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 Mainland China segment contributing a total revenue of CN¥667.7m (74% of total revenue). Notably, cost of sales worth CN¥765.0m amounted to 84% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥71.1m (79% of total expenses). Explore how 2023's revenue and expenses shape its earnings.

China Ludao Technology shares are down 5.5% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for China Ludao Technology that you should be aware of.

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