Jinmao Property Services (HKG:816) Full Year 2023 Results
Key Financial Results
- Revenue: CN¥2.70b (up 11% from FY 2022).
- Net income: CN¥337.3m (flat on FY 2022).
- Profit margin: 13% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.37.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Jinmao Property Services EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates by 3.2%.
Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Real Estate industry in Hong Kong.
Performance of the Hong Kong Real Estate industry.
The company’s shares are down 2.8% from a week ago.
Risk Analysis
What about risks? Every company has them, and we’ve spotted 1 warning sign for Jinmao Property Services you should know about.
Valuation is complex, but we’re helping make it simple.
Find out whether Jinmao Property Services is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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