FORL Latest Report

Financial Performance Review

Based on Four Leaf's (stock code: FORL) financial data for the third quarter of 2024, the Company's revenue was -RMB1,746,080.00, an improvement from -RMB3,097,570.00 in the same period of 2023, but still in negative territory, indicating challenges in revenue generation. Although revenue decreased, the pre-tax profit was RMB8,244,800.00, indicating good performance in other income. Meanwhile, the significant decrease in interest income may affect the overall revenue level.

Key Financial Data

1. Revenue Improvement: The Company's revenue in Q3 2024 was -RMB1,746,080.00, a decrease of RMB1,351,490.00 from the same period in 2023, indicating an improvement in the Company's revenue situation.

2. Operating Expense Control: The special item of operating expenses in 2024 was RMB1,746,080.00, a decrease from RMB3,097,570.00 in 2023, showing the Company's efforts in cost control.

3. Pre-tax Profit Stability: The pre-tax profit in 2024 was RMB8,244,800.00, although lower than in 2023, it still maintained at a high level, indicating good performance in other business income.

4. Fluctuation in Interest Income: Interest income in 2024 was RMB3,802,580.00, a significant decrease from RMB7,368,550.00 in 2023, which may affect the Company's overall revenue level.

Peer Comparison

1. Industry-wide Analysis: The industry in which Four Leaf operates may face external pressures, such as declining market demand and intensified competition, affecting the overall revenue level, and other companies in the industry may also experience similar fluctuations.

2. Peer Evaluation Analysis: Compared with other companies in the same industry, Four Leaf's revenue is still in negative territory, which may lag behind the industry average. Pay attention to peers' performance in revenue generation and cost control to assess Four Leaf's competitiveness.

Conclusion

Although Four Leaf's revenue has improved, it is still negative, indicating challenges in its operations. There has been progress in cost control, but the decrease in interest income has had a negative impact on its financial performance. The Company needs to deeply analyze its operating expense structure and market competition to ensure future development and profitability.

Opportunities

1. Mergers to Enhance Competitiveness: Four Leaf recently signed a merger agreement with Xiaoyudida Interactive International Co., Ltd., which may enhance market competitiveness and expand business areas.

2. Improved Cost Control: The decrease in the special item of operating expenses indicates that the Company has achieved certain results in cost control, and further improvement in profitability is possible.

3. Growth in Other Business Income: The relative stability of pre-tax profit indicates that there may be room for growth in other income, which needs to be further explored.

Risks

1. Continuous Negative Revenue: The Company's revenue remains negative, which may affect investor confidence and subsequent financing capabilities.

2. Fluctuation in Interest Income: The significant decrease in interest income may affect the Company's financial stability, and the trend of future interest income needs to be monitored.

3. Intensified Competition: Intensified competition in the industry may lead to further reduction in market share, affecting the Company's profitability and development prospects.