Greentown China Holdings Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
Greentown China Holdings (HKG:3900) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥158.5b (up 21% from FY 2023).
- Net income: CN¥1.60b (down 48% from FY 2023).
- Profit margin: 1.0% (down from 2.4% in FY 2023).
- EPS: CN¥0.63 (down from CN¥1.22 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Greentown China Holdings Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates by 3.1%.
Looking ahead, revenue is expected to decline by 7.2% p.a. on average during the next 2 years, while revenues in the Real Estate industry in Hong Kong are expected to grow by 3.9%.
Performance of the Hong Kong Real Estate industry.
The company's shares are down 11% from a week ago.
Risk Analysis
We should say that we've discovered 4 warning signs for Greentown China Holdings (1 is potentially serious!) that you should be aware of before investing here.
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