Meisheng Cultural & Creative Corp Past Earnings Performance
Past criteria checks 0/6
Meisheng Cultural & Creative Corp's earnings have been declining at an average annual rate of -15.4%, while the Luxury industry saw earnings growing at 1.5% annually. Revenues have been declining at an average rate of 2.5% per year.
Key information
-15.4%
Earnings growth rate
-14.5%
EPS growth rate
| Luxury Industry Growth | 2.8% |
| Revenue growth rate | -2.5% |
| Return on equity | -10.4% |
| Net Margin | -11.1% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Meisheng Cultural & Creative Corp 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 | 969 | -108 | 207 | 22 |
| 31 Dec 23 | 981 | -111 | 187 | 23 |
| 30 Sep 23 | 868 | -840 | 161 | 27 |
| 30 Jun 23 | 875 | -829 | 175 | 28 |
| 31 Mar 23 | 1,113 | -758 | 180 | 30 |
| 31 Dec 22 | 1,235 | -753 | 182 | 31 |
| 30 Sep 22 | 1,355 | -155 | 243 | 32 |
| 30 Jun 22 | 1,203 | -209 | 209 | 33 |
| 31 Mar 22 | 1,149 | -247 | 219 | 34 |
| 01 Jan 22 | 1,030 | -237 | 203 | 34 |
| 30 Sep 21 | 962 | -940 | 206 | 32 |
| 30 Jun 21 | 1,023 | -930 | 215 | 32 |
| 31 Mar 21 | 950 | -927 | 187 | 32 |
| 31 Dec 20 | 990 | -938 | 196 | 31 |
| 30 Sep 20 | 1,166 | 2 | 184 | 42 |
| 30 Jun 20 | 1,343 | 73 | 192 | 44 |
| 31 Mar 20 | 1,440 | 22 | 198 | 44 |
| 31 Dec 19 | 1,380 | 38 | 193 | 43 |
| 30 Sep 19 | 1,182 | -253 | 195 | 33 |
| 30 Jun 19 | 971 | -298 | 180 | 29 |
| 31 Mar 19 | 827 | -272 | 174 | 34 |
| 01 Jan 19 | 836 | -234 | 179 | 30 |
| 30 Sep 18 | 891 | -1 | 143 | 32 |
| 30 Jun 18 | 943 | 143 | 131 | 44 |
| 31 Mar 18 | 968 | 209 | 138 | 30 |
| 31 Dec 17 | 912 | 191 | 135 | 30 |
| 30 Sep 17 | 876 | 342 | 149 | 21 |
| 30 Jun 17 | 792 | 239 | 169 | 0 |
| 31 Mar 17 | 637 | 207 | 161 | 0 |
| 31 Dec 16 | 633 | 190 | 156 | 0 |
| 30 Sep 16 | 532 | 186 | 123 | 0 |
| 30 Jun 16 | 454 | 145 | 104 | 0 |
| 31 Mar 16 | 444 | 132 | 85 | 0 |
| 31 Dec 15 | 408 | 126 | 75 | 0 |
| 30 Sep 15 | 421 | 125 | 67 | 0 |
| 30 Jun 15 | 437 | 106 | 61 | 0 |
| 31 Mar 15 | 458 | 102 | 67 | 0 |
| 31 Dec 14 | 456 | 97 | 64 | 0 |
| 30 Sep 14 | 386 | 62 | 62 | 0 |
| 30 Jun 14 | 321 | 46 | 57 | 0 |
| 31 Mar 14 | 266 | 43 | 45 | 0 |
| 31 Dec 13 | 231 | 42 | 39 | 0 |
| 30 Sep 13 | 217 | 39 | 33 | 0 |
| 30 Jun 13 | 212 | 53 | 31 | 0 |
Quality Earnings: 002699 is currently unprofitable.
Growing Profit Margin: 002699 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002699 is unprofitable, and losses have increased over the past 5 years at a rate of 15.4% per year.
Accelerating Growth: Unable to compare 002699's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 002699 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (22%).
Return on Equity
High ROE: 002699 has a negative Return on Equity (-10.45%), as it is currently unprofitable.