Kingfa Science & Technology (India) : Q4 2024 Financial Quarterly Report : YoY Sales Up 10.62 %, QoQ Up 2.7 %

The comprehensive analytics outlining the performance and outlook of Kingfa Science & Technology (India) 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 Kingfa Science & Technology (India) 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 10.62 %. However, it did see a marginal increase of 2.7 % from the previous quarter. Expenses decreased slightly by -0.66 % quarter-on-quarter, aligning with the annual rise of 13.73 %. Operating profit, while down -7.02 % compared to last year, faced a quarter-on-quarter increase of 34.21 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.39 %, but an expansion of 2.95 % sequentially. Other income rose by 76.74 % compared to the last quarter, despite an annual growth of 149.18 %. Interest expenses surged remarkably by 40.77 % from the previous quarter, yet the year-over-year decrease remains at a moderate -24.69 %. Depreciation costs climbed by 5.08 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 48.21 %. Profit before tax declined annually by -8.28 % but saw an increase from the preceding quarter by 39.69 %.
Tax expenses as a percentage of profits increased slightly by 0.09 % compared to last year, with a more notable quarter-on-quarter increase of 0.94 %. Net profit fell by -8.38 % year-on-year but experienced a 37.9 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -8.37 % but a quarterly rise of 37.93 %. In summary, Kingfa Science & Technology (India) Ltd’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Kingfa Science & Technology (India) Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.62 % year-on-year growth, however, there was a minor increase of 2.7 % from the previous quarter. Expenses rose by 13.73 % compared to the previous year, with a decrease of -0.66 % quarter-on-quarter. Operating Profit dropped by -7.02 % annually, and saw a 34.21 % increase from the last quarter.
Net Profit showed yearly decrease of -8.38 %, and experienced a 37.9 % increase from the previous quarter. Earnings Per Share (EPS) fell by -8.37 % annually, however rose by 37.93 % compared to the last quarter. In essence, while Kingfa Science & Technology (India) Ltd faces strong annual decline 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.