Dexin Services Group Full Year 2023 Earnings: EPS: CN¥0.065 (vs CN¥0.12 in FY 2022)

Dexin Services Group (HKG:2215) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥955.6m (flat on FY 2022).
• Net income: CN¥61.8m (down 49% from FY 2022).
• Profit margin: 6.5% (down from 13% in FY 2022).
• EPS: CN¥0.065 (down from CN¥0.12 in FY 2022).

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 Provision of Property Management Services contributing CN¥955.6m. Notably, cost of sales worth CN¥729.5m amounted to 76% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥161.0m (98% of total expenses). Explore how 2215's revenue and expenses shape its earnings.

Dexin Services Group shares are up 12% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Dexin Services Group that you should be aware of.

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