China New City Group Ltd. Annual Results: Standalone & Consolidated Reports

Annual Results

Results Snapshot

Figures in Million

Consolidate Annual Results

Dec'24

Dec'23

Dec'22

Dec'21

Dec'20

Dec'19

Dec'18

Net Sales

4,457.03

1,441.62

715.44

1,162.97

788.72

2,229.62

2,292.56

Other Operating Income

0.00

Total Operating income

4,457.03

1,441.62

715.44

1,162.97

788.72

2,229.62

2,292.56

Raw Material Cost

2,084.71

861.47

377.81

593.32

436.08

1,198.96

1,817.49

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

99.55

134.99

175.60

219.58

190.84

150.90

145.83

Power Cost

0.00

Manufacturing Expenses

128.13

112.68

162.70

268.88

246.31

175.71

130.68

Selling and Distribution Expenses

301.83

399.44

433.47

520.86

408.87

365.62

399.13

Other Expenses

-9.56

-8.24

-16.44

-29.29

-26.94

-1.45

10.42

Total Expenditure (Excl Depreciation)

2,518.57

1,426.13

985.15

1,309.75

1,012.69

1,876.65

2,597.30

Operating Profit (PBDIT) excl Other Income

1938.5

15.5

-269.7

-146.8

-224

353

-304.7

Other Income

29.76

-36.84

67.63

288.54

165.58

25.93

-1.82

Operating Profit (PBDIT)

2,100.26

143.88

-28.21

337.33

101.33

690.97

-117.04

Interest

128.13

112.68

162.70

268.88

246.31

175.71

130.68

Exceptional Items

-606.62

-391.95

-189.34

-205.78

427.00

52.13

-39.55

Gross Profit (PBDT)

2,240.29

414.93

163.76

374.08

192.92

894.30

416.24

Depreciation

132.04

165.23

173.87

195.58

159.72

136.36

58.83

Profit Before Tax

1,233.46

-525.98

-554.11

-332.90

122.31

431.03

-346.10

Tax

698.91

-56.94

-18.46

31.08

94.12

379.68

-83.16

Provisions and contingencies

0.00

Profit After Tax

546.35

-446.57

-502.97

-355.70

49.92

29.79

-288.44

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

546.35

-446.57

-502.97

-355.70

49.92

29.79

-288.44

Share in Profit of Associates

0.00

Minority Interest

-19.67

-23.20

-33.86

-9.25

-21.74

21.57

25.50

Other related items

0.00

Consolidated Net Profit

526.68

-469.77

-536.83

-364.96

28.18

51.35

-262.95

Equity Capital

0.00

Face Value

0.0

Reserves

5,603.61

5,226.35

5,729.98

6,728.13

6,917.95

6,470.01

6,366.60

Earnings per share (EPS)

0.27

-0.22

-0.25

-0.18

0.02

0.01

-0.16

Diluted Earnings per share

0.27

-0.22

-0.25

-0.18

0.02

0.01

-0.16

Operating Profit Margin (Excl OI)

43.49%

1.07%

-37.7%

-12.62%

-28.4%

15.83%

-13.29%

Gross Profit Margin

30.64%

-25.02%

-53.15%

-11.81%

35.76%

25.45%

-12.53%

PAT Margin

12.26%

-30.98%

-70.3%

-30.59%

6.33%

1.34%

-12.58%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Annual Analysis Highlights

Net Sales

YoY Growth in year ended Dec 2024 is 209.17% vs 101.51% in Dec 2023

Consolidate Net Profit

YoY Growth in year ended Dec 2024 is 212.11% vs 12.48% in Dec 2023

Operating Profit (PBDIT) excl Other Income

YoY Growth in year ended Dec 2024 is 1,045.82% vs 288.62% in Dec 2023

Interest

YoY Growth in year ended Dec 2024 is 13.66% vs -30.73% in Dec 2023

Operating Profit Margin (Excl OI)

YoY Growth in year ended Dec 2024 has improved from Dec 2023

Compare Annual Results Of China New City Group Ltd. With

Select Peers

Figures in Million

Consolidate Annual Results

Change(HKD)

Change(%)

Net Sales

4,457.03

1,420.69

3,036.34

213.72%

Other Operating Income

0.00

Total Operating income

4,457.03

1,420.69

3,036.34

213.72%

Raw Material Cost

2,084.71

878.31

1,206.40

137.35%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

99.55

146.91

-47.36

-32.24%

Power Cost

0.00

Manufacturing Expenses

128.13

729.83

-601.70

-82.44%

Selling and Distribution Expenses

301.83

280.24

21.59

7.70%

Other Expenses

-9.56

-33.67

24.11

71.61%

Total Expenditure (Excl Depreciation)

2,518.57

1,698.61

819.96

48.27%

Operating Profit (PBDIT) excl Other Income

1,938.46

-277.93

2,216.39

797.46%

Other Income

29.76

3.60

26.16

726.67%

Operating Profit (PBDIT)

2,100.26

-249.26

2,349.52

942.60%

Interest

128.13

729.83

-601.70

-82.44%

Exceptional Items

-606.62

-1,540.94

934.32

60.63%

Gross Profit (PBDT)

2,240.29

517.32

1,722.97

333.06%

Depreciation

132.04

25.06

106.98

426.90%

Profit Before Tax

1,233.46

-2,545.09

3,778.55

148.46%

Tax

698.91

-35.59

734.50

2,063.78%

Provisions and contingencies

0.00

Profit After Tax

546.35

-2,320.87

2,867.22

123.54%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

546.35

-2,320.87

2,867.22

123.54%

Share in Profit of Associates

0.00

Minority Interest

-19.67

0.00

-19.67

Other related items

0.00

Consolidated Net Profit

526.68

-2,320.87

2,847.55

122.69%

Equity Capital

0.00

Face Value

0.00

0.01

0.00

Reserves

5,603.61

16,943.01

-11,339.40

-66.93%

Earnings per share (EPS)

0.27

-0.53

0.80

150.94%

Diluted Earnings per share

0.27

-0.53

0.80

150.94%

Operating Profit Margin (Excl OI)

43.49%

-19.56%

0.00

63.05%

Gross Profit Margin

30.64%

-177.38%

0.00

208.02%

PAT Margin

12.26%

-163.36%

0.00

175.62%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Annual - Net Sales

Net Sales 445.70 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is 209.17% vs 101.51% in Dec 2023

Annual - Consolidate Net Profit

Consolidate Net Profit 52.67 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is 212.11% vs 12.48% in Dec 2023

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 207.05 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is 1,045.82% vs 288.62% in Dec 2023

Annual - Interest

Interest 12.81 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is 13.66% vs -30.73% in Dec 2023

Annual - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 43.49%

in Dec 2024

Figures in %

YoY Growth in year ended Dec 2024 has improved from Dec 2023