In 2024, Guangdong HEC Technology Holding (SHSE:600673) released its full-year financial results, showing a revenue of CN¥10.9 billion, an 8% decrease from the previous year. The company reported a net loss of CN¥294.3 million, a significant decline from the CN¥1.24 billion profit in 2022. Earnings per share were at a loss of CN¥0.10, down from CN¥0.43 profit in the prior year.
During the trailing 12-month period ending April 1, 2025, Guangdong HEC Technology Holding’s revenues and earnings fell short of analyst expectations by 23% and 11%, respectively.
Despite this underperformance, the company forecasts a 26% average annual revenue growth over the next two years, outpacing the industry average growth forecast for Metals and Mining in China by about 5%. This is an encouraging sign for investors who are considering investing in this company’s stock.
In terms of performance, Guangdong HEC Technology Holding’s shares saw a slight increase of 1.3% from the previous week. However, investors should be aware of some potential risks when considering this company’s stock.
For a more comprehensive analysis of Guangdong HEC Technology Holding’s valuation, potential risks, dividends, insider transactions, and financial health, readers can view our free analysis provided on Simply Wall St.
It is important to note that articles published on Simply Wall St are based on historical data and analyst forecasts with an unbiased approach. Therefore, they should not be considered as financial advice but rather used to inform investment decisions based on individual research and objectives.
Investors should conduct their own research before making any investment decisions to ensure they understand all potential risks and opportunities associated with investing in this company’s stock or any other investment opportunities available to them.
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