Sunpower Group Full Year 2024 Earnings: EPS: CN¥0.15 (vs CN¥0.22 in FY 2023)

Sunpower Group (SGX:5GD) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥3.51b (up 3.0% from FY 2023).
• Net income: CN¥119.4m (down 32% from FY 2023).
• Profit margin: 3.4% (down from 5.2% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.15 (down from CN¥0.22 in FY 2023).

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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 Green Investment (GI) contributing CN¥3.51b. Notably, cost of sales worth CN¥2.61b amounted to 75% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling CN¥510.9m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how 5GD's revenue and expenses shape its earnings.

Sunpower Group shares are down 7.0% from a week ago.

Risk Analysis

Be aware that Sunpower Group is showing 3 warning signs in our investment analysis and 1 of those is concerning...

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