GGAutomotive Gears : Q4 2024 Financial Quarterly Report : YoY Sales Up 30.54 %, QoQ Up 48.45 %

The comprehensive analytics outlining the performance and outlook of G.G.Automotive Gears Ltd.”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 G.G.Automotive Gears Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 30.54 %. However, it did see a marginal increase of 48.45 % from the previous quarter. Expenses ticked up slightly by 45.29 % quarter-on-quarter, aligning with the annual rise of 21.62 %. Operating profit, while up 131.87 % compared to last year, faced a quarter-on-quarter increase of 70.16 %, 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 6.28 %, but an expansion of 1.84 % sequentially. Other income rose by 128.57 % compared to the last quarter, despite an annual decline of -33.33 %. Interest expenses surged remarkably by 9.84 % from the previous quarter, yet the year-over-year decrease remains at a moderate -12.99 %. Depreciation costs climbed by 36.36 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.96 %. Profit before tax grew annually by 964 % but saw an increase from the preceding quarter by 127.35 %.
Tax expenses as a percentage of profits decreased slightly by -78.01 % compared to last year, with a more notable quarter-on-quarter increase of 40.64 %. Net profit rose by 113.79 % year-on-year but experienced a 21.57 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -83.56 % but a quarterly fall of -89.09 %. In summary, G.G.Automotive Gears Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing G.G.Automotive Gears Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 30.54 % year-on-year growth, however, there was a minor increase of 48.45 % from the previous quarter. Expenses rose by 21.62 % compared to the previous year, with a 45.29 % increase quarter-on-quarter. Operating Profit surged by 131.87 % annually, and saw a 70.16 % increase from the last quarter.
Net Profit showed yearly increase of 113.79 %, and experienced a 21.57 % increase from the previous quarter. Earnings Per Share (EPS) fell by -83.56 % annually, however dipped by -89.09 % compared to the last quarter. In essence, while G.G.Automotive Gears Ltd. 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.