- Hong Kong
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- Electronic Equipment and Components
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- SEHK:1415
Cowell e Holdings First Half 2024 Earnings: Revenues Beat Expectations, EPS Lags
Cowell e Holdings (HKG:1415) First Half 2024 Results
Key Financial Results
- Revenue: US$585.9m (up 60% from 1H 2023).
- Net income: US$16.0m (down 11% from 1H 2023).
- Profit margin: 2.7% (down from 4.9% in 1H 2023). The decrease in margin was driven by higher expenses.
- EPS: US$0.019 (down from US$0.021 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Cowell e Holdings Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 29%. Earnings per share (EPS) missed analyst estimates by 10%.
Looking ahead, revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Hong Kong.
Performance of the Hong Kong Electronic industry.
The company's shares are up 10% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Cowell e Holdings that you need to take into consideration.
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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.
About SEHK:1415
Cowell e Holdings
An investment holding company, designs, develops, manufactures, trades in, and sells optical modules and systems integration products for smartphones, multimedia tablets, smart driving, and other mobile devices in the People’s Republic of China, India, the Republic of Korea, and internationally.
Exceptional growth potential with excellent balance sheet.