Rongxin Education and Culture Industry Development Past Earnings Performance
Past criteria checks 0/6
Rongxin Education and Culture Industry Development's earnings have been declining at an average annual rate of -22.8%, while the Media industry saw earnings growing at 1.4% annually. Revenues have been declining at an average rate of 7% per year. Rongxin Education and Culture Industry Development's return on equity is 0.1%, and it has net margins of 0.4%.
Key information
-22.8%
Earnings growth rate
-25.7%
EPS growth rate
| Media Industry Growth | 1.6% |
| Revenue growth rate | -7.0% |
| Return on equity | 0.1% |
| Net Margin | 0.4% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses Breakdown
How Rongxin Education and Culture Industry Development 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 | 261 | 1 | 92 | 3 |
| 31 Dec 23 | 274 | 10 | 90 | 2 |
| 30 Sep 23 | 281 | 14 | 93 | 2 |
| 30 Jun 23 | 303 | 18 | 93 | 2 |
| 31 Mar 23 | 314 | 24 | 89 | 2 |
| 01 Jan 23 | 321 | 23 | 92 | 2 |
| 30 Sep 22 | 349 | 30 | 86 | 2 |
| 30 Jun 22 | 372 | 37 | 83 | 2 |
| 31 Mar 22 | 365 | 36 | 85 | 2 |
| 01 Jan 22 | 379 | 41 | 87 | 2 |
| 30 Jun 21 | 369 | 50 | 97 | 2 |
| 31 Mar 21 | 376 | 48 | 95 | 2 |
| 31 Dec 20 | 382 | 47 | 94 | 2 |
| 30 Jun 20 | 410 | 39 | 96 | 2 |
| 31 Mar 20 | 406 | 42 | 94 | 2 |
| 31 Dec 19 | 402 | 46 | 90 | 2 |
| 30 Sep 19 | 391 | 45 | 88 | 1 |
| 30 Jun 19 | 380 | 45 | 85 | 1 |
| 31 Mar 19 | 365 | 43 | 80 | 1 |
| 31 Dec 18 | 351 | 41 | 74 | 1 |
| 30 Sep 18 | 353 | 38 | 71 | 1 |
| 30 Jun 18 | 358 | 37 | 69 | 1 |
| 31 Mar 18 | 343 | 35 | 67 | 1 |
| 31 Dec 17 | 326 | 31 | 66 | 1 |
| 30 Sep 17 | 295 | 25 | 67 | 1 |
| 30 Jun 17 | 263 | 19 | 68 | 0 |
| 31 Mar 17 | 234 | 16 | 63 | 0 |
| 31 Dec 16 | 200 | 9 | 57 | 0 |
| 30 Sep 16 | 191 | 14 | 48 | 0 |
| 30 Jun 16 | 178 | 21 | 39 | 0 |
| 31 Mar 16 | 165 | 19 | 35 | 0 |
| 31 Dec 15 | 151 | 14 | 31 | 0 |
| 31 Dec 14 | 127 | 14 | 25 | 0 |
| 31 Dec 13 | 116 | 13 | 24 | 0 |
Quality Earnings: 301231 has a large one-off loss of CN¥16.2M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 301231's current net profit margins (0.4%) are lower than last year (7.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301231's earnings have declined by 22.8% per year over the past 5 years.
Accelerating Growth: 301231's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301231 had negative earnings growth (-95.9%) over the past year, making it difficult to compare to the Media industry average (2.3%).
Return on Equity
High ROE: 301231's Return on Equity (0.1%) is considered low.