Reported Q: Q1 2024 Rev YoY: -21.3% EPS YoY: -48.6% Move: -3.06%
China Wan Tong Yuan
6966.HK
HKD0.475 -3.06%
Exchange HKSE Sector Consumer Cyclical Industry Personal Products Services
Q1 2024
Published: Mar 31, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for 6966.HK

Reported

Report Date

Mar 31, 2024

Quarter Q1 2024

Revenue

12.07M

YoY: -21.3%

EPS

0.00

YoY: -48.6%

Market Move

-3.06%

Previous quarter: N/A

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Earnings Highlights

  • Revenue of $12.07M down 21.3% year-over-year
  • EPS of $0.00 decreased by 48.6% from previous year
  • Gross margin of 85.2%
  • Net income of 3.64M
  • "Transcript data not available for QQ1 2024." -
6966.HK
Company 6966.HK

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Executive Summary

China Wan Tong Yuan Holdings Limited reported QQ1 2024 revenue of 12.0685 million CNY with a gross profit of 10.2850 million CNY and a gross margin of 85.22%. Net income of 3.6385 million CNY yielded an earnings per share (EPS) of 0.0036. On a YoY basis, revenue and gross profit declined meaningfully (-21.3% and -22.2%, respectively), while operating income fell (-41.9%) but QoQ tightened with a 24.4% rebound. Net income advanced sharply QoQ (+99.4%), underscoring earnings quality given a relatively small revenue base. The company generated operating cash flow of 4.8415 million CNY and free cash flow of 4.7750 million CNY, indicating strong cash generation relative to reported profits in the quarter. However, cash flow statements exhibit inconsistencies with the balance sheet (cash at end period shown as negative in the cash flow data vs. a substantial cash balance on the balance sheet and a reported net cash position), which requires caution in interpretation and may reflect reporting misalignment or presentation artifacts that should be clarified in subsequent filings.

Key Performance Indicators

Revenue
Decreasing
12.07M
QoQ: -8.10% | YoY: -21.29%
Gross Profit
Decreasing
10.29M
85.22% margin
QoQ: -3.53% | YoY: -22.17%
Operating Income
Decreasing
4.87M
QoQ: 24.37% | YoY: -41.88%
Net Income
Decreasing
3.64M
QoQ: 99.37% | YoY: -47.84%
EPS
Decreasing
0.00
QoQ: 100.00% | YoY: -48.57%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 5.53 0.00 -8.3% View
Q1 2025 5.53 0.00 -57.9% View
Q4 2024 19.88 0.00 +51.4% View
Q2 2024 12.07 0.00 -21.3% View
Q1 2024 12.07 0.00 -21.3% View