Rainbow Digital Commercial Co., Ltd.

SZSE:002419 Stock Report

Market Cap: CN¥7.0b

Rainbow Digital Commercial Past Earnings Performance

Past criteria checks 0/6

Rainbow Digital Commercial's earnings have been declining at an average annual rate of -35.6%, while the Multiline Retail industry saw earnings declining at 13.5% annually. Revenues have been declining at an average rate of 8.5% per year. Rainbow Digital Commercial's return on equity is 2.9%, and it has net margins of 1%.

Key information

-35.6%

Earnings growth rate

-34.9%

EPS growth rate

Multiline Retail Industry Growth-6.7%
Revenue growth rate-8.5%
Return on equity2.9%
Net Margin1.0%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Rainbow Digital Commercial Co., Ltd.'s (SZSE:002419) P/E Still Appears To Be Reasonable

Nov 15
Rainbow Digital Commercial Co., Ltd.'s (SZSE:002419) P/E Still Appears To Be Reasonable

Rainbow Digital Commercial (SZSE:002419) May Have Issues Allocating Its Capital

Oct 24
Rainbow Digital Commercial (SZSE:002419) May Have Issues Allocating Its Capital

These 4 Measures Indicate That Rainbow Digital Commercial (SZSE:002419) Is Using Debt Extensively

Sep 27
These 4 Measures Indicate That Rainbow Digital Commercial (SZSE:002419) Is Using Debt Extensively

Rainbow Digital Commercial (SZSE:002419) Is Paying Out A Larger Dividend Than Last Year

Apr 24
Rainbow Digital Commercial (SZSE:002419) Is Paying Out A Larger Dividend Than Last Year

Rainbow Digital Commercial Co., Ltd.'s (SZSE:002419) Intrinsic Value Is Potentially 19% Below Its Share Price

Apr 02
Rainbow Digital Commercial Co., Ltd.'s (SZSE:002419) Intrinsic Value Is Potentially 19% Below Its Share Price

Revenue & Expenses Breakdown

How Rainbow Digital Commercial makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:002419 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2411,8821204,10780
30 Jun 2411,9731664,17480
31 Mar 2412,0431684,25081
31 Dec 2312,0862274,25282
30 Sep 2312,1542304,24289
30 Jun 2312,1261754,21087
31 Mar 2312,048494,19687
01 Jan 2312,1251204,25890
30 Sep 2212,293904,34694
30 Jun 2212,3042494,39489
31 Mar 2212,3613754,44078
01 Jan 2212,2682324,41969
30 Sep 2112,1463834,55151
30 Jun 2112,1063614,62054
31 Mar 2112,1724404,64956
31 Dec 2011,8002534,76255
30 Sep 2014,1693354,71069
30 Jun 2015,6063924,63652
31 Mar 2017,2114964,59238
31 Dec 1919,3938594,45225
30 Sep 1919,3808834,3550
30 Jun 1919,2929224,2450
31 Mar 1919,0959204,1330
31 Dec 1819,1389044,0690
30 Sep 1819,4299004,0180
30 Jun 1819,0758293,9530
31 Mar 1819,0057933,8530
31 Dec 1718,5357183,8010
30 Sep 1717,8556533,5660
30 Jun 1717,7126143,5200
31 Mar 1717,3705633,4990
31 Dec 1617,2735243,4430
30 Sep 1617,0581,3443,4410
30 Jun 1617,0461,2833,3850
31 Mar 1617,1911,2333,3830
31 Dec 1517,3961,2083,3670
30 Sep 1517,6604123,1800
30 Jun 1517,7054693,2210
31 Mar 1517,4595173,1790
31 Dec 1416,9985383,1140
30 Sep 1416,7585693,2200
30 Jun 1416,4535973,0940
31 Mar 1416,2506093,0010
31 Dec 1316,0326152,8840

Quality Earnings: 002419 has a large one-off gain of CN¥98.7M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 002419's current net profit margins (1%) are lower than last year (1.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002419's earnings have declined by 35.6% per year over the past 5 years.

Accelerating Growth: 002419's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 002419 had negative earnings growth (-47.7%) over the past year, making it difficult to compare to the Multiline Retail industry average (-6.7%).


Return on Equity

High ROE: 002419's Return on Equity (2.9%) 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 Analysis2024/12/23 12:00
End of Day Share Price 2024/12/23 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Rainbow Digital Commercial Co., Ltd. is covered by 22 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zhi Xue DiaoAvic Securities Co., Ltd
Lan TongChangjiang Securities Co. LTD.
Bo ChenChasing Securities