Zhejiang Busen Garments Past Earnings Performance
Past criteria checks 0/6
Zhejiang Busen Garments has been growing earnings at an average annual rate of 16.6%, while the Luxury industry saw earnings growing at 1.3% annually. Revenues have been declining at an average rate of 19% per year.
Key information
16.6%
Earnings growth rate
14.8%
EPS growth rate
| Luxury Industry Growth | 2.8% |
| Revenue growth rate | -19.0% |
| Return on equity | -89.5% |
| Net Margin | -52.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Zhejiang Busen Garments 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 | 138 | -73 | 57 | 3 |
| 31 Dec 23 | 144 | -67 | 57 | 3 |
| 30 Sep 23 | 120 | -33 | 45 | 0 |
| 30 Jun 23 | 125 | -56 | 69 | 0 |
| 31 Mar 23 | 131 | -63 | 76 | 0 |
| 31 Dec 22 | 138 | -71 | 86 | 0 |
| 30 Sep 22 | 188 | -81 | 121 | 0 |
| 30 Jun 22 | 227 | -37 | 106 | 0 |
| 31 Mar 22 | 274 | 40 | 103 | 0 |
| 01 Jan 22 | 279 | 33 | 117 | 0 |
| 30 Sep 21 | 286 | -33 | 127 | 0 |
| 30 Jun 21 | 242 | -78 | 135 | 0 |
| 31 Mar 21 | 234 | -163 | 142 | 0 |
| 31 Dec 20 | 255 | -153 | 134 | 0 |
| 30 Sep 20 | 252 | 7 | 153 | 0 |
| 30 Jun 20 | 323 | 10 | 154 | 0 |
| 31 Mar 20 | 317 | 34 | 144 | 0 |
| 31 Dec 19 | 359 | 44 | 143 | 0 |
| 30 Sep 19 | 293 | -227 | 118 | 0 |
| 30 Jun 19 | 327 | -184 | 98 | 0 |
| 31 Mar 19 | 311 | -185 | 108 | 0 |
| 31 Dec 18 | 320 | -193 | 111 | 0 |
| 30 Sep 18 | 394 | -17 | 105 | 0 |
| 30 Jun 18 | 390 | -19 | 117 | 0 |
| 31 Mar 18 | 389 | -31 | 115 | 0 |
| 31 Dec 17 | 344 | -34 | 113 | 0 |
| 30 Sep 17 | 385 | 12 | 107 | 0 |
| 30 Jun 17 | 345 | 2 | 104 | 0 |
| 31 Mar 17 | 347 | -1 | 107 | 0 |
| 31 Dec 16 | 370 | 7 | 111 | 0 |
| 30 Sep 16 | 351 | -8 | 122 | 0 |
| 30 Jun 16 | 375 | -6 | 136 | 0 |
| 31 Mar 16 | 396 | 8 | 136 | 0 |
| 31 Dec 15 | 402 | 12 | 138 | 0 |
| 30 Sep 15 | 428 | -71 | 169 | 0 |
| 30 Jun 15 | 448 | -75 | 186 | 0 |
| 31 Mar 15 | 453 | -105 | 195 | 0 |
| 31 Dec 14 | 482 | -103 | 201 | 0 |
| 30 Sep 14 | 543 | -47 | 214 | 0 |
| 30 Jun 14 | 590 | -39 | 218 | 0 |
| 31 Mar 14 | 621 | 2 | 203 | 0 |
| 31 Dec 13 | 651 | 6 | 218 | 0 |
| 30 Sep 13 | 623 | 21 | 194 | 0 |
| 30 Jun 13 | 643 | 33 | 179 | 0 |
Quality Earnings: 002569 is currently unprofitable.
Growing Profit Margin: 002569 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002569 is unprofitable, but has reduced losses over the past 5 years at a rate of 16.6% per year.
Accelerating Growth: Unable to compare 002569's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 002569 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (16.9%).
Return on Equity
High ROE: 002569 has a negative Return on Equity (-89.47%), as it is currently unprofitable.