Assure Tech (Hangzhou) Co., Ltd.

XSSC:688075 Stock Report

Market Cap: CN¥4.8b

Assure Tech (Hangzhou) Past Earnings Performance

Past criteria checks 1/6

Assure Tech (Hangzhou)'s earnings have been declining at an average annual rate of -12.9%, while the Medical Equipment industry saw earnings growing at 6.1% annually. Revenues have been declining at an average rate of 9.6% per year. Assure Tech (Hangzhou)'s return on equity is 1.8%, and it has net margins of 15.3%.

Key information

-12.9%

Earnings growth rate

-16.5%

EPS growth rate

Medical Equipment Industry Growth16.0%
Revenue growth rate-9.6%
Return on equity1.8%
Net Margin15.3%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Assure Tech (Hangzhou) makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

XSSC:688075 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2459090103114
30 Jun 2454790110107
31 Mar 24511161109101
31 Dec 23503142109105
30 Sep 2335599-98-294
30 Jun 23440334-85-277
31 Mar 2381341439-202
31 Dec 226,1663,045555329
30 Sep 227,0343,587767731
30 Jun 227,0253,414734705
31 Mar 226,8733,338598619
31 Dec 211,5897397270
30 Sep 211,4126805465
30 Jun 211,3866795661
31 Mar 211,2376465257
31 Dec 201,2006495258
31 Dec 19210542816
31 Dec 18164332712
31 Dec 17111-6508

Quality Earnings: 688075 has high quality earnings.

Growing Profit Margin: 688075's current net profit margins (15.3%) are lower than last year (28%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 688075's earnings have declined by 12.9% per year over the past 5 years.

Accelerating Growth: 688075's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 688075 had negative earnings growth (-8.9%) over the past year, making it difficult to compare to the Medical Equipment industry average (-8.8%).


Return on Equity

High ROE: 688075's Return on Equity (1.8%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 06:23
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Assure Tech (Hangzhou) Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution