Sino-Synergy Hydrogen Energy Technology (Jiaxing) Full Year 2024 Earnings: CN¥0.79 loss per share (vs CN¥0.95 loss in FY 2023)

Sino-Synergy Hydrogen Energy Technology (Jiaxing) (HKG:9663) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥442.4m (down 37% from FY 2023).
• Net loss: CN¥407.2m (flat on FY 2023).
• CN¥0.79 loss per share.

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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 Batteries / Battery Systems contributing CN¥442.4m. Notably, cost of sales worth CN¥402.4m amounted to 91% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥327.3m (65% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of CN¥56.1m. Explore how 9663's revenue and expenses shape its earnings.

Sino-Synergy Hydrogen Energy Technology (Jiaxing) shares are down 8.1% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Sino-Synergy Hydrogen Energy Technology (Jiaxing) that you should be aware of.

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