Precious Dragon Technology Holdings Full Year 2024 Earnings: EPS: HK$0.15 (vs HK$0.24 in FY 2023)

Precious Dragon Technology Holdings (HKG:1861) Full Year 2024 Results

Key Financial Results

• Revenue: HK$613.0m (up 10.0% from FY 2023).
• Net income: HK$34.1m (down 40% from FY 2023).
• Profit margin: 5.6% (down from 10% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: HK$0.15 (down from HK$0.24 in FY 2023).

We've discovered 4 warning signs about Precious Dragon Technology Holdings. View them for free.

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 Automotive Beauty and Maintenance Products segment contributing a total revenue of HK$489.1m (80% of total revenue). Notably, cost of sales worth HK$385.7m amounted to 63% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to HK$90.0m (47% of total expenses). Explore how 1861's revenue and expenses shape its earnings.

Precious Dragon Technology Holdings shares are up 2.9% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 4 warning signs for Precious Dragon Technology Holdings that you need to be mindful of.

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