Chongqing Hifuture Information Technology Past Earnings Performance
Past criteria checks 2/6
Chongqing Hifuture Information Technology's earnings have been declining at an average annual rate of -45.9%, while the Electrical industry saw earnings growing at 12.5% annually. Revenues have been declining at an average rate of 43.4% per year. Chongqing Hifuture Information Technology's return on equity is 89.9%, and it has net margins of 0.7%.
Key information
-45.9%
Earnings growth rate
-46.4%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | -43.4% |
| Return on equity | 89.9% |
| Net Margin | 0.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Chongqing Hifuture Information Technology 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 Dec 23 | 254 | 2 | 153 | 18 |
| 30 Sep 23 | 222 | -81 | 147 | 27 |
| 30 Jun 23 | 215 | -116 | 128 | 28 |
| 31 Mar 23 | 248 | -107 | 126 | 31 |
| 31 Dec 22 | 244 | -115 | 130 | 31 |
| 30 Sep 22 | 255 | -177 | 123 | 32 |
| 30 Jun 22 | 305 | -203 | 174 | 35 |
| 31 Mar 22 | 298 | -218 | 219 | 38 |
| 01 Jan 22 | 330 | -223 | 254 | 41 |
| 30 Sep 21 | 346 | -338 | 416 | 47 |
| 30 Jun 21 | 426 | -286 | 413 | 49 |
| 31 Mar 21 | 524 | -244 | 395 | 52 |
| 31 Dec 20 | 785 | -183 | 526 | 57 |
| 30 Sep 20 | 1,092 | 63 | 549 | 63 |
| 30 Jun 20 | 1,169 | 111 | 538 | 67 |
| 31 Mar 20 | 1,205 | 136 | 570 | 73 |
| 31 Dec 19 | 1,092 | 135 | 471 | 72 |
| 30 Sep 19 | 1,053 | 108 | 465 | 67 |
| 30 Jun 19 | 1,214 | 144 | 521 | 62 |
| 31 Mar 19 | 1,516 | 207 | 692 | 55 |
| 31 Dec 18 | 1,898 | 336 | 999 | 54 |
| 30 Sep 18 | 1,664 | 310 | 872 | 50 |
| 30 Jun 18 | 1,342 | 207 | 779 | 40 |
| 31 Mar 18 | 924 | 54 | 560 | 28 |
| 31 Dec 17 | 373 | -108 | 195 | 15 |
| 30 Sep 17 | 338 | -21 | 185 | 2 |
| 30 Jun 17 | 334 | 31 | 187 | 0 |
| 31 Mar 17 | 303 | 87 | 180 | 0 |
| 31 Dec 16 | 289 | 76 | 176 | 0 |
| 30 Sep 16 | 256 | 29 | 159 | 0 |
| 30 Jun 16 | 238 | 6 | 145 | 0 |
| 31 Mar 16 | 215 | 98 | 143 | 0 |
| 31 Dec 15 | 209 | 135 | 132 | 0 |
| 30 Sep 15 | 200 | 42 | 175 | 0 |
| 30 Jun 15 | 210 | 18 | 182 | 0 |
| 31 Mar 15 | 272 | -73 | 184 | 0 |
| 31 Dec 14 | 313 | -89 | 183 | 0 |
| 30 Sep 14 | 398 | -19 | 129 | 0 |
| 30 Jun 14 | 438 | 18 | 128 | 0 |
| 31 Mar 14 | 450 | 34 | 122 | 0 |
| 31 Dec 13 | 433 | 36 | 118 | 0 |
| 30 Sep 13 | 401 | 52 | 111 | 0 |
| 30 Jun 13 | 400 | 58 | 110 | 0 |
Quality Earnings: 002168 has a large one-off loss of CN¥4.6M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 002168 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002168 has become profitable over the past 5 years, growing earnings by -45.9% per year.
Accelerating Growth: 002168 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 002168 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electrical industry (0.6%).
Return on Equity
High ROE: Whilst 002168's Return on Equity (89.92%) is outstanding, this metric is skewed due to their high level of debt.