CLWT
Euro Tech Holdings
Q4 2024 Report
Euro Tech Holdings Company Limited (CLWT) Q4 2024 Financial Results Analysis...
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Executive Summary
Euro Tech Holdings Company Limited (CLWT) delivered remarkable financial results in Q4 2023, demonstrating a year-over-year revenue increase of 150.92% and a staggering net income growth of 1,733.73%. The company reported a net income of $2,083,000 on revenue of $9,983,000, yielding an earnings per share (EPS) of $0.27. Management attributed this exceptional performance to effective operational efficiencies and an increased demand for their water treatment and environmental monitoring services.
In addition to these strong results, CLWT's balance sheet remains healthy, with total assets of $22,120,000 and total liabilities of $5,640,000, yielding a debt-to-equity ratio of just 0.0235. These figures indicate a solid financial foundation. Moving forward, strategic focus will be placed on expanding product offerings and exploring new markets to sustain this positive momentum in a competitive landscape.
Key Performance Indicators
Revenue
9.98M
QoQ: 100.00% | YoY:150.92%
Gross Profit
2.36M
23.67% margin
QoQ: 100.00% | YoY:215.49%
Operating Income
469.00K
QoQ: 98.31% | YoY:231.19%
Net Income
2.08M
QoQ: 100.00% | YoY:1 733.73%
EPS
0.27
QoQ: 107.69% | YoY:1 736.36%
Revenue Trend
Margin Analysis
Key Insights
1. **Revenue Growth**: Revenue surged to $9,983,000 in Q4 2023 compared to $3,975,000 in Q4 2022, reflecting a strong year-on-year growth of 150.92% and a quarter-on-quarter increase of 100.00%. 2. **Profitability**: Gross profit increased to $2,363,000, leading to a gross profit margin of 23.67%. Operating income also saw significant growth, reaching $469,000. 3. **Net Income and EPS**: Net income climbed to $2,083,000, with an EPS of $0.27, representing a remarkable 1,736.36% increase year-ove...