Stock Analysis

Xingfa Aluminium Holdings Full Year 2022 Earnings: Misses Expectations

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Xingfa Aluminium Holdings (HKG:98) Full Year 2022 Results

Key Financial Results

  • Revenue: CN¥16.9b (up 9.7% from FY 2021).
  • Net income: CN¥457.8m (down 48% from FY 2021).
  • Profit margin: 2.7% (down from 5.8% in FY 2021). The decrease in margin was driven by higher expenses.
  • EPS: CN¥1.09 (down from CN¥2.12 in FY 2021).
SEHK:98 Earnings and Revenue Growth March 17th 2023

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

Xingfa Aluminium Holdings Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 48%.

Looking ahead, revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Metals and Mining industry in Hong Kong.

Performance of the Hong Kong Metals and Mining industry.

The company's shares are down 7.7% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Xingfa Aluminium Holdings you should know about.

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