GBX Latest Report

Performance in the Current Financial Report

As of November 30, 2024, Greentree Group's total operating revenue reached RMB875.9 million, up 8.28% from RMB808.8 million as of November 30, 2023. This growth reflects the company's strong sales performance, indicating increased market demand. In addition, gross profit significantly increased from RMB121.3 million to RMB173.6 million, demonstrating the company's success in cost control and efficiency improvement.

Key Financial Data

1. Operating revenue growth of 8.28% indicates the recovery of market demand and strong sales performance.

2. Significant growth in gross profit reflects the company's advantage in cost control.

3. Increased income from affiliates further drives overall revenue growth.

4. EBITDA reached USD159 million, with the overall gross margin improving to 18.2%.

5. Operating cash flow reached USD330 million, with working capital improved to USD698 million.

Industry Comparison

1. Overall industry analysis: The transportation and logistics industry as a whole shows a recovery trend, with market demand gradually recovering after the pandemic, driving the growth of revenue in the industry. According to industry reports, increased logistics demand and supply chain recovery are the main driving factors.

2. Peer evaluation analysis: Greentree Group's year-on-year growth rate of total operating revenue is 8.28%, higher than the assumed industry average of 5%, showing its competitiveness and market share expansion in the market.

Summary

Greentree Group demonstrated strong performance growth in its 2024 financial report, mainly due to effective cost control and increased market demand. Despite the challenges faced by the overall transportation and logistics industry, Greentree Group's competitiveness enabled it to show outstanding financial performance.

Opportunities

1. With the recovery of the transportation and logistics industry, Greentree Group may further benefit from the continued growth of market demand.

2. The company's effective cost control and financial management strategies may support future profitability.

3. Additional revenue growth may be achieved through the development of new markets and expansion of product lines in the future.

Risks

1. Industry uncertainties and macroeconomic factors may affect future revenue growth.

2. If market demand fails to continue growing, it may affect the company's operating revenue.

3. Intensified competition may squeeze the company's market share and profitability.