Shenzhen Pagoda Industrial (Group) Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Shenzhen Pagoda Industrial (Group) (HKG:2411) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥10.3b (down 9.8% from FY 2023).
• Net loss: CN¥386.0m (down by 207% from CN¥361.7m profit in FY 2023).
• CN¥0.26 loss per share (down from CN¥0.23 profit in FY 2023).

Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Shenzhen Pagoda Industrial (Group) Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) missed analyst estimates.

The primary driver behind last 12 months revenue was the Franchising segment contributing a total revenue of CN¥9.24b (90% of total revenue). Notably, cost of sales worth CN¥9.51b amounted to 93% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to CN¥605.1m (53% of total expenses). Explore how 2411's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the Consumer Retailing industry in Hong Kong.

Performance of the Hong Kong Consumer Retailing industry.

The company's shares are up 2.0% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Shenzhen Pagoda Industrial (Group)'s balance sheet and an in-depth analysis of the company's financial position.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.