Stock Analysis

Steed Oriental (Holdings) Full Year 2024 Earnings: HK$0.15 loss per share (vs HK$0.11 loss in FY 2023)

SEHK:8277
Source: Shutterstock

Steed Oriental (Holdings) (HKG:8277) Full Year 2024 Results

Key Financial Results

  • Revenue: HK$63.1m (up 405% from FY 2023).
  • Net loss: HK$38.6m (loss widened by 33% from FY 2023).
  • HK$0.15 loss per share (further deteriorated from HK$0.11 loss in FY 2023).
revenue-and-expenses-breakdown
SEHK:8277 Revenue and Expenses Breakdown July 22nd 2024

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

In the last 12 months, the only revenue segment was Sourcing, Manufacturing and Sale of Plywood Products and Other Wooden Products contributing HK$63.1m. Notably, cost of sales worth HK$48.4m amounted to 77% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling HK$34.7m 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 8277's revenue and expenses shape its earnings.

Steed Oriental (Holdings) shares are down 6.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 5 warning signs for Steed Oriental (Holdings) you should be aware of.

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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.