Central New Energy Holding Group Full Year 2024 Earnings: EPS: HK$0.025 (vs HK$0.016 in FY 2023)

Central New Energy Holding Group (HKG:1735) Full Year 2024 Results

Key Financial Results

• Revenue: HK$6.03b (up 50% from FY 2023).
• Net income: HK$106.4m (up 60% from FY 2023).
• Profit margin: 1.8% (up from 1.6% in FY 2023).
• EPS: HK$0.025 (up from HK$0.016 in FY 2023).

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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 New Energy and EPC segment contributing a total revenue of HK$4.13b (68% of total revenue). Notably, cost of sales worth HK$5.90b amounted to 98% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$172.8m (90% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of HK$171.4m. Explore how 1735's revenue and expenses shape its earnings.

Central New Energy Holding Group shares are up 11% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Central New Energy Holding Group you should know about.

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