Chengdu SIWI Science and Technology Full Year 2023 Earnings: EPS: CN¥0.007 (vs CN¥0.01 loss in FY 2022)

Chengdu SIWI Science and Technology (HKG:1202) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥403.6m (up 33% from FY 2022).
• Net income: CN¥2.77m (up from CN¥2.22m loss in FY 2022).
• Profit margin: 0.7% (up from net loss in FY 2022).
• EPS: CN¥0.007 (up from CN¥0.01 loss in FY 2022).

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 Copper Cables, Wires and Related Products segment contributing a total revenue of CN¥204.3m (51% of total revenue). Notably, cost of sales worth CN¥323.3m amounted to 80% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥67.1m (74% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of CN¥13.2m. Explore how 1202's revenue and expenses shape its earnings.

Chengdu SIWI Science and Technology shares are down 8.5% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Chengdu SIWI Science and Technology (2 are potentially serious) you should be aware of.

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