Xiangxing International Holding Full Year 2024 Earnings: CN¥0.004 loss per share (vs CN¥0.009 profit in FY 2023)

Xiangxing International Holding (HKG:1732) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥232.7m (up 33% from FY 2023).
• Net loss: CN¥4.69m (down by 143% from CN¥10.9m profit in FY 2023).
• CN¥0.004 loss per share (down from CN¥0.009 profit in FY 2023).

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 Trading of Building Materials and Automobile Accessories segment contributing a total revenue of CN¥76.7m (33% of total revenue). Notably, cost of sales worth CN¥189.1m amounted to 81% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥28.4m (59% of total expenses). Explore how 1732's revenue and expenses shape its earnings.

Xiangxing International Holding shares are up 21% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for Xiangxing International Holding (2 can't be ignored!) that you need to be mindful of.

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