Guangzhou Risong Intelligent Technology Holding Past Earnings Performance
Past criteria checks 1/6
Guangzhou Risong Intelligent Technology Holding's earnings have been declining at an average annual rate of -47.7%, while the Machinery industry saw earnings growing at 10.6% annually. Revenues have been growing at an average rate of 3% per year. Guangzhou Risong Intelligent Technology Holding's return on equity is 4.7%, and it has net margins of 4.3%.
Key information
-47.7%
Earnings growth rate
-50.6%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 3.0% |
| Return on equity | 4.7% |
| Net Margin | 4.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Guangzhou Risong Intelligent Technology Holding's (SHSE:688090) Earnings Might Not Be As Promising As They Seem
Apr 22
Guangzhou Risong Intelligent Technology Holding (SHSE:688090) Will Want To Turn Around Its Return Trends
Apr 16Guangzhou Risong Intelligent Technology Holding Co., Ltd.'s (SHSE:688090) Share Price Boosted 31% But Its Business Prospects Need A Lift Too
Mar 06Revenue & Expenses BreakdownBeta
How Guangzhou Risong Intelligent Technology Holding makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 927 | 40 | 104 | 53 |
| 31 Dec 23 | 1,016 | 49 | 103 | 55 |
| 30 Sep 23 | 836 | -59 | 199 | 62 |
| 30 Jun 23 | 882 | -70 | 189 | 66 |
| 31 Mar 23 | 977 | -60 | 198 | 67 |
| 31 Dec 22 | 1,006 | -63 | 197 | 67 |
| 30 Sep 22 | 1,044 | 20 | 104 | 59 |
| 30 Jun 22 | 1,051 | 33 | 103 | 52 |
| 31 Mar 22 | 1,023 | 30 | 94 | 48 |
| 31 Dec 21 | 931 | 26 | 88 | 44 |
| 30 Sep 21 | 861 | 29 | 77 | 41 |
| 30 Jun 21 | 837 | 34 | 72 | 42 |
| 31 Mar 21 | 798 | 38 | 73 | 39 |
| 31 Dec 20 | 799 | 50 | 69 | 39 |
| 30 Sep 20 | 892 | 61 | 71 | 38 |
| 30 Jun 20 | 835 | 72 | 69 | 33 |
| 31 Mar 20 | 753 | 69 | 69 | 31 |
| 31 Dec 19 | 731 | 61 | 68 | 32 |
| 31 Dec 18 | 736 | 57 | 74 | 29 |
| 31 Dec 17 | 705 | 50 | 75 | 28 |
| 31 Dec 16 | 655 | 26 | 87 | 23 |
Quality Earnings: 688090 has a large one-off gain of CN¥34.7M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 688090 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688090's earnings have declined by 47.7% per year over the past 5 years.
Accelerating Growth: 688090 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 688090 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (2.1%).
Return on Equity
High ROE: 688090's Return on Equity (4.7%) is considered low.