HI Latest Report

Performance of the Current Report

Hillenbrand (HI) recorded an operating revenue of RMB706.9 million as of December 31, 2024, a YoY decrease of 8.56% from RMB773.3 million as of December 31, 2023. This change indicates challenges faced by the company in terms of operating revenue, which may affect its overall profitability and financial health. Although sales costs have decreased, the decrease in operating revenue is greater, leading to a reduction in gross profit. In addition, the increase in operating expenses and changes in market demand also negatively affected revenue.

Key Data in the Financial Report

1. Operating revenue decreased to RMB706.9 million, a YoY decrease of 8.56%, indicating sales difficulties.

2. Sales costs were RMB471.9 million, although lower than RMB522.3 million in 2023, but could not offset the impact of revenue decline.

3. Operating expenses rose to RMB171.1 million, adding to the financial burden of the company.

4. Changes in market demand and increased competition may be important factors leading to a decrease in operating revenue.

5. Non-current operating income was not shown in 2024, which may affect the sustainability of overall operating revenue.

Peer Comparison

1. Industry-wide analysis: The overall industry may be affected by multiple factors such as the macroeconomic environment, consumer confidence, and competition, leading to pressure on operating revenue. If other companies in the industry also experience similar declines in operating revenue, it may reflect the overall sluggishness of the industry.

2. Peer evaluation analysis: If the operating revenue of other companies in the same industry either remains stable or decreases less than HI, it can be considered that HI's market performance is relatively poor and needs to strengthen market competitiveness and product innovation.

Summary

HI's operating revenue decline is mainly affected by weakening market demand, sales costs, and operating expenses, reflecting the vulnerability of the company in facing competition and macroeconomic pressures. Although the company has taken some measures, its overall performance remains weak and needs to be paid attention to its ability to restore profitability.

Opportunities

1. Optimize cost structure and restructuring plans to enhance the efficiency of the mold technology solutions department.

2. Seize opportunities to improve sales and market share as market demand gradually recovers.

3. Strengthen product innovation and market competitiveness to cope with intense competition in the industry.

Risks

1. Continued decline in market demand may lead to further revenue decline, affecting financial stability.

2. Uncertainty in the macroeconomic environment may increase revenue volatility.

3. Intensified competition among peers may lead to a decrease in market share, further compressing profit margins.