ELITECON INTERNATIONAL : Q4 2024 Financial Quarterly Report : YoY Sales Up 552.58 %, QoQ Up 352.62 %

The comprehensive analytics outlining the performance and outlook of ELITECON INTERNATIONAL LIMITED”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at ELITECON INTERNATIONAL LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 552.58 %. However, it did see a marginal increase of 352.62 % from the previous quarter. Expenses ticked up slightly by 291.24 % quarter-on-quarter, aligning with the annual decline of -39.89 %. Operating profit, while up 112.54 % compared to last year, faced a quarter-on-quarter increase of 2804.17 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 831.16 %, but an expansion of 13.23 % sequentially. Other income fell by -168 % compared to the last quarter, despite an annual decline of -147.22 %. Interest expenses surged remarkably by 2000 % from the previous quarter, yet the year-over-year increase remains at a moderate 35.48 %. Depreciation costs fell by -78.87 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -87.5 %. Profit before tax grew annually by 110.98 % but saw an increase from the preceding quarter by 2695.83 %.
Tax expenses as a percentage of profits increased slightly by 1.32 % compared to last year, with a more notable quarter-on-quarter increase of 1.06 %. Net profit rose by 111.13 % year-on-year but experienced a 2725 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 111.13 % but a quarterly rise of 2770.77 %. In summary, ELITECON INTERNATIONAL LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing ELITECON INTERNATIONAL LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 552.58 % year-on-year growth, however, there was a minor increase of 352.62 % from the previous quarter. Expenses decreased by -39.89 % compared to the previous year, with a 291.24 % increase quarter-on-quarter. Operating Profit surged by 112.54 % annually, and saw a 2804.17 % increase from the last quarter.
Net Profit showed yearly increase of 111.13 %, and experienced a 2725 % increase from the previous quarter. Earnings Per Share (EPS) rose by 111.13 % annually, however rose by 2770.77 % compared to the last quarter. In essence, while ELITECON INTERNATIONAL LIMITED exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.