Market Watch: Key Takeaways from Recent Earnings Reports

As the dust settles on the latest earnings season, several companies have made headlines with their quarterly and annual results. While the overall market has shown resilience, with the HSI closing up 139 points or 0.6% at 23,483, and the HSCEI rising 38 points or 0.4% to close at 8,654, individual performances have varied.

WUXI BIO: A Mixed Bag

WUXI BIO’s full-year results for the period ending December 2024 have been announced, with revenue up 9.6% YoY. However, the company’s net profit of RMB3.356 billion, down 1.3% YoY, has raised some eyebrows. Despite the decline in net profit, the company’s revenue growth is a positive sign, indicating a steady increase in business.

KUAISHOU-W: A Slight Beat, But Stock Price Softens

KUAISHOU-W’s 4Q24 adjusted net profit rose 7.8% YoY, slightly beating expectations. This modest beat has not, however, translated into a corresponding increase in the company’s stock price. The results have been met with a mixed reaction from investors, with some questioning the sustainability of the company’s growth.

Market Sentiment: A Mixed Bag

The overall market has shown resilience, with the HSI and HSCEI closing higher than their previous day’s close. However, individual performances have varied, with some companies beating expectations, while others have fallen short. As the market continues to navigate the complexities of the current economic landscape, investors will be closely watching the performance of these companies in the coming quarters.

Key Takeaways

• WUXI BIO’s revenue up 9.6% YoY, but net profit down 1.3% YoY
• KUAISHOU-W’s 4Q24 adjusted net profit rose 7.8% YoY, beating expectations
• HSI closed up 139 points or 0.6% at 23,483
• HSCEI rose 38 points or 0.4% to close at 8,654