China Galaxy Securities Full Year 2024 Earnings: Misses Expectations

Simply Wall St·03/31/2025 00:29:41

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China Galaxy Securities (HKG:6881) Full Year 2024 Results

Key Financial Results

Revenue: CN¥36.6b (up 5.7% from FY 2023).
Net income: CN¥8.82b (up 27% from FY 2023).
Profit margin: 24% (up from 20% in FY 2023).
EPS: CN¥0.81 (up from CN¥0.67 in FY 2023).

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revenue-and-expenses-breakdown — SEHK:6881 Revenue and Expenses Breakdown March 31st 2025

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

China Galaxy Securities Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 9.4%. Earnings per share (EPS) also missed analyst estimates by 2.8%.

The primary driver behind last 12 months revenue was the Other Parent Subsidiary Integration Business segment contributing a total revenue of CN¥15.2b (42% of total revenue). The largest operating expense was General & Administrative costs, amounting to CN¥8.07b (58% of total expenses). Explore how 6881's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Capital Markets industry in Hong Kong.

Performance of the Hong Kong Capital Markets industry.

The company's shares are down 1.7% from a week ago.

Risk Analysis

You still need to take note of risks, for example - China Galaxy Securities has 1 warning sign we think you should be aware of.

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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.

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