Rayitek Hi-Tech Film Company Ltd., Shenzhen

SHSE:688323 Stock Report

Market Cap: CN¥2.3b

Rayitek Hi-Tech Film Company Shenzhen Past Earnings Performance

Past criteria checks 0/6

Rayitek Hi-Tech Film Company Shenzhen's earnings have been declining at an average annual rate of -62.1%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been declining at an average rate of 3.2% per year.

Key information

-62.1%

Earnings growth rate

-65.2%

EPS growth rate

Chemicals Industry Growth12.1%
Revenue growth rate-3.2%
Return on equity-6.4%
Net Margin-19.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Market Participants Recognise Rayitek Hi-Tech Film Company Ltd., Shenzhen's (SHSE:688323) Revenues Pushing Shares 44% Higher

Oct 08
Market Participants Recognise Rayitek Hi-Tech Film Company Ltd., Shenzhen's (SHSE:688323) Revenues Pushing Shares 44% Higher

Rayitek Hi-Tech Film Company Ltd., Shenzhen (SHSE:688323) Shares Slammed 27% But Getting In Cheap Might Be Difficult Regardless

Jun 06
Rayitek Hi-Tech Film Company Ltd., Shenzhen (SHSE:688323) Shares Slammed 27% But Getting In Cheap Might Be Difficult Regardless

After Leaping 29% Rayitek Hi-Tech Film Company Ltd., Shenzhen (SHSE:688323) Shares Are Not Flying Under The Radar

Mar 13
After Leaping 29% Rayitek Hi-Tech Film Company Ltd., Shenzhen (SHSE:688323) Shares Are Not Flying Under The Radar

Revenue & Expenses Breakdown

How Rayitek Hi-Tech Film Company Shenzhen makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SHSE:688323 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24307-614734
30 Jun 24286-484333
31 Mar 24286-294233
31 Dec 23276-203932
30 Sep 23287-44131
30 Jun 2326244030
31 Mar 23266194028
31 Dec 22302394027
30 Sep 22301473827
30 Jun 22322514128
31 Mar 22319514128
31 Dec 21319564327
30 Sep 21309574527
30 Jun 21394704526
31 Mar 21370644223
31 Dec 20350593823
31 Dec 19232343021
31 Dec 18220372421
31 Dec 17121101714

Quality Earnings: 688323 is currently unprofitable.

Growing Profit Margin: 688323 is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 688323 is unprofitable, and losses have increased over the past 5 years at a rate of 62.1% per year.

Accelerating Growth: Unable to compare 688323's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 688323 is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-5.3%).


Return on Equity

High ROE: 688323 has a negative Return on Equity (-6.37%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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