Meituan (03690) Q4 2024 Earnings Call March 21, 2025 03:52 PM ET Company Participants Scarlett Xu - Vice President and Head of Capital MarketsWang Xing - Founder, Executive Director, CEO & ChairmanShaohui Chen - CFO & Senior VPKenneth Fong - Managing DirectorThomas Chong - Managing Director Conference Call Participants Ronald Keung - AnalystGary Yu - AnalystYa Jiang - AnalystCharlene Liu - Analyst Operator Thank you for standing by, and welcome to the Netwon Fourth Quarter and Full Year twenty twenty four E ...

Weimob (02013) H2 2024 Earnings Call March 21, 2025 08:00 AM ET Moderator evening, ladies and gentlemen. Welcome to Weimar Inc. Twenty twenty four Annual Results Conference Call. A copy of the annual results announcement can be found and downloaded from the company's Investor Relations website. At this time, all lines have been placed on listen only mode and the floor will be opened for questions following today's presentation. This call will be conducted in Mandarin and English simultaneous interpretation ...

Weimob (02013) H2 2024 Earnings Call March 21, 2025 08:00 AM ET Speaker0 evening, ladies and gentlemen. Welcome to Weimar Inc. Twenty twenty four Annual Results Conference Call. A copy of the annual results announcement can be found and downloaded from the company's Investor Relations website. At this time, all lines have been placed on listen only mode and the floor will be opened for questions following today's presentation. This call will be conducted in Mandarin and English simultaneous interpretation w ...

Horizon Robotics (09660) Q4 2024 Earnings Call March 21, 2025 08:00 AM ET Company Participants None - ExecutiveAnnie Feiwen Tao - Co-Founder & COO Conference Call Participants None - Analyst Operator Greetings, ladies and gentlemen. Welcome to Horizon Robotics twenty twenty four Full Year Results Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. I'd now like to turn t ...

Horizon Robotics (09660) Q4 2024 Earnings Call March 21, 2025 08:00 AM ET Company Participants None - ExecutiveAnnie Feiwen Tao - Co-Founder & COO Operator Greetings, ladies and gentlemen. Welcome to Horizon Robotics twenty twenty four Full Year Results Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. I'd now like to turn the call over to your host, Ms. Sheung Jain, ...

Financial Data and Key Metrics Changes - For the year ended December 31, 2024, the company reported revenue of $349.1 million, representing a slight decline of 2.8% compared to the previous year [18] - The gross profit margin increased by 1% year-over-year, reaching 62.1% [18] - Net profit for the period decreased by 12.6% compared to 2023, primarily due to increased operating expenses [19] - Cash and cash equivalents at the end of the period were $17.1 million, maintaining a strong financial position [19] Business Line Data and Key Metrics Changes - The Medical Aesthetics Products segment remained the largest contributor, generating $308.9 million in 2024, accounting for 88.5% of total revenue [20] - Direct revenue increased to 87% compared to 78% in 2023, emphasizing the expansion of business outside North America [18] Market Data and Key Metrics Changes - Revenue from international markets, excluding North America, totaled $211.7 million, reflecting a 4.6% increase compared to 2023 [19] - The rapid expansion of direct operations has allowed the company to navigate economic challenges, particularly in North America and Latin America [14] Company Strategy and Development Direction - The company is focused on building a comprehensive wellness ecosystem through product diversification and market expansion [5] - Key strategic pillars include establishing a portfolio of energy-based devices (EBD), expanding injectables, and enhancing global presence [9][10] - The company plans to introduce new AI-based personalized skincare solutions and continue scaling its global presence [16] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about market conditions stabilizing, particularly with recent interest rate adjustments [15] - The company anticipates growth drivers from the commercialization of injectables and the launch of new products like ALMA Harmony and ALMA IQ [16] - Management emphasized the importance of brand equity and engagement, noting successful partnerships that have elevated brand recognition [15] Other Important Information - The company has successfully launched several new products, including ALMA Harmony and Soprano Titanium, which have seen strong market adoption [10][11] - The partnership with global icon Kate Hudson has significantly increased brand recognition, reaching over 300 million consumers worldwide [15] Q&A Session Summary Question: Why did revenue in North America decrease and what will be done in North America? - Management explained that high interest rates have made it difficult for doctors to get leasing approved, impacting revenue. However, recent interest rate decreases are expected to improve deal closures [24][26][27] Question: Expectations for sales of Daxify in 2025 and the structure of the injectable team in China? - Management indicated that preparations for Daxify in China are underway, with a senior clinical marketing team being established to support operations [30][32] Question: Explanation of profit margin stability and the impact of the JUSTAR investment? - Management clarified that the JUSTAR investment provided a one-time income of approximately $3.4 million, and profitability remains stable despite increased operating expenses [38][40] Question: Outlook for the global EBITDA market and growth expectations? - Management believes the aesthetic segment has strong growth potential, with injectables showing the most promise. EBD is expected to grow at 6-8% globally [43][44] Question: Headwinds in Europe and outlook for 2025? - Management noted geopolitical tensions affecting Europe and highlighted a new contract with an injectable company that will enhance their market position [48][50] Question: Revenue contribution from long-acting products and commercial plans? - Management stated that revenue from RIVENESS was minimal in 2024 as the team was only established late in the year, but they are building a team in Australia for future growth [54][56] Question: Revenue and earnings outlook for the next two to three years? - Management refrained from providing specific forecasts but emphasized the importance of technology and brand trust in driving future growth [62][66] Question: Market share movements in key markets like the U.S. and China? - Management indicated that the company is gaining market share in North America and remains a leader in China despite local competition [69][70]

Financial Data and Key Metrics Changes - Operating revenue reached 1,040.8 billion, up 3.1% year on year [4] - Telecommunication services revenue reached 889.5 billion, up 3% year on year [40] - Net profit reached 138.4 billion, up 5% year on year, hitting a new record high [4][41] - Digital transformation revenue reached 278.8 billion, up 9.9% year on year, accounting for 31.3% of services revenue [6] Business Line Data and Key Metrics Changes - Total number of connections reached 3.67 billion, with a net increase of 320 million [5] - Revenue from the customer market reached 26.8 billion, up 19.7% year on year [29] - Revenue from the HOMA market was 143.1 billion, up 8.5% [30] - Revenue from the business market was 209.1 billion, an increase of 8.8% [32] - China Mobile Cloud revenue reached 100.4 billion, a year on year increase of 20.4% [33] Market Data and Key Metrics Changes - The number of mobile customers surpassed 1 billion, with mobile ARPU at 48.5 [29] - Household broadband customers reached 278 million, a net increase of 14.05 million [30] - Revenue from the NuvMarket reached a significant increase of 8.7% year on year [34] - Monthly active users of Migu Video reached 520 million, up 12.1% year on year [34] Company Strategy and Development Direction - The company continues to implement the 01/02/2025 strategy, focusing on business transformation and intensive reforms [4][25] - Emphasis on customer-centric philosophy and market segmentation as long-term strategy [26] - Plans to enhance AI-powered products and services, shifting growth drivers from telecom services to AI plus information services [39] - Aiming to become a world-class information services and SciTech innovation enterprise [27] Management Comments on Operating Environment and Future Outlook - The external environment is complex and challenging, with fragile macroeconomic recovery and weak demand [22] - Despite challenges, there are valuable opportunities for business transformation and growth in information services [23][24] - The company aims to refine operations and implement precise management to enhance quality and efficiency [26] Other Important Information - The board recommends a dividend payout ratio of 73% for the full year of 2024, with total dividends amounting to 5.09 HKD per share, an increase of 5.4% year on year [20][21] - The company achieved significant contributions to the commercial conversion of scientific innovation outcomes, creating over 48,000 5G industry commercial cases [15] Q&A Session Summary Question: What are the company's plans for future growth? - The company will focus on high-quality development, enhancing customer retention, and value generation as long-term strategic priorities [37] - Plans to deepen engagement in CHBN markets and prioritize key customer groups while promoting AI-powered products and services [39]

Tongcheng Travel Holdings (00780) Q4 2024 Earnings Call March 20, 2025 07:30 AM ET Company Participants Kylie Yeung - Investor Relations DirectorJoyce Li - Vice President of Capital MarketFan Lei - CFOYang Liu - Executive Director Conference Call Participants Wei Xiong - Equity Research AnalystBrian Gong - AnalystLeo You - Equity Research Analyst Operator Good day and thank you for standing by. Welcome to the Tongchain Travel twenty twenty four Fourth Quarter and Annual Results Announcement Conference Call. ...

Tencent (00700) Q4 2024 Earnings Call March 19, 2025 08:00 AM ET Company Participants Wendy Huang - Investor Relations OfficerHuateng Ma - Co-Founder, Chairman of the Board & CEOMartin Lau - PresidentJames Mitchell - Chief Strategy Officer & Senior EVPJohn Lo - Senior Vice President & Chief Financial OfficerKenneth Fong - Managing DirectorAlex Yao - Co-Head of Asia Technology, Media & TelecommunicationsJohn Hyungwook Choi - Executive DirectorThomas Chong - Managing DirectorYuan Liao - Internet Media Researc ...

Nexteer Automotive Group (01316) Q4 2024 Earnings Call March 19, 2025 08:00 AM ET Company Participants Tony Wang - Investor Relations DirectorRobin Milavec - President, CTO, Chief Strategy Officer & Executive DirectorMike Bierlein - SVP & CFORebecca Wen - Executive DirectorBen Wang - Director Conference Call Participants Tim Hsiao - AnalystYiming Liu - Chief Analyst Operator I would now like to turn the conference over to Investor Relations Director, Mr. Tony Wong. Please go ahead. Tony Wang Thank you, Bets ...