Stock Analysis
Asahi Diamond Industrial Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag
Asahi Diamond Industrial (TSE:6140) Full Year 2024 Results
Key Financial Results
- Revenue: JP¥38.7b (down 1.7% from FY 2023).
- Net income: JP¥2.11b (down 24% from FY 2023).
- Profit margin: 5.5% (down from 7.0% in FY 2023).
- EPS: JP¥40.56 (down from JP¥50.87 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Asahi Diamond Industrial EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 22%.
Looking ahead, revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Machinery industry in Japan.
Performance of the Japanese Machinery industry.
The company's shares are down 6.0% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for Asahi Diamond Industrial you should be aware of, and 1 of them can't be ignored.
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About TSE:6140
Asahi Diamond Industrial
Manufactures and sells diamond tools in Japan, Asia/Oceania, Europe, North America, and internationally.
Excellent balance sheet with moderate growth potential.