Modern Avenue Group Past Earnings Performance
Past criteria checks 0/6
Modern Avenue Group has been growing earnings at an average annual rate of 63%, while the Specialty Retail industry saw earnings declining at 7.6% annually. Revenues have been declining at an average rate of 40.4% per year.
Key information
63.0%
Earnings growth rate
63.4%
EPS growth rate
| Specialty Retail Industry Growth | 3.1% |
| Revenue growth rate | -40.4% |
| Return on equity | -13.0% |
| Net Margin | -20.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Modern Avenue Group Co., Ltd. (SZSE:002656) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely
Oct 10
Here's Why We're Not Too Worried About Modern Avenue Group's (SZSE:002656) Cash Burn Situation
Sep 23There's Reason For Concern Over Modern Avenue Group Co., Ltd.'s (SZSE:002656) Massive 30% Price Jump
Aug 26Modern Avenue Group Co., Ltd. (SZSE:002656) May Have Run Too Fast Too Soon With Recent 25% Price Plummet
Jul 01Modern Avenue Group Co., Ltd. (SZSE:002656) May Have Run Too Fast Too Soon With Recent 28% Price Plummet
Apr 23Here's Why We're Not At All Concerned With Modern Avenue Group's (SZSE:002656) Cash Burn Situation
Apr 15Modern Avenue Group Co., Ltd. (SZSE:002656) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
Mar 03Revenue & Expenses Breakdown
How Modern Avenue Group 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 |
|---|---|---|---|---|
| 30 Sep 24 | 234 | -47 | 120 | 5 |
| 30 Jun 24 | 244 | -112 | 218 | 5 |
| 31 Mar 24 | 262 | -89 | 194 | 5 |
| 31 Dec 23 | 290 | -89 | 221 | 5 |
| 30 Sep 23 | 275 | -142 | 260 | 5 |
| 30 Jun 23 | 265 | -147 | 216 | 6 |
| 31 Mar 23 | 250 | -84 | 259 | 6 |
| 01 Jan 23 | 230 | -41 | 197 | 6 |
| 30 Sep 22 | 278 | -9 | 164 | 5 |
| 30 Jun 22 | 314 | 48 | 178 | 4 |
| 31 Mar 22 | 338 | -34 | 174 | 4 |
| 01 Jan 22 | 385 | -39 | 195 | 7 |
| 30 Sep 21 | 414 | 15 | 233 | 12 |
| 30 Jun 21 | 403 | -49 | 220 | 16 |
| 31 Mar 21 | 441 | 32 | 234 | 22 |
| 31 Dec 20 | 512 | 7 | 265 | 24 |
| 30 Sep 20 | 785 | -1,436 | 782 | 40 |
| 30 Jun 20 | 972 | -1,464 | 853 | 47 |
| 31 Mar 20 | 1,137 | -1,547 | 929 | 52 |
| 31 Dec 19 | 1,372 | -1,468 | 955 | 56 |
| 30 Sep 19 | 1,482 | -58 | 533 | 59 |
| 30 Jun 19 | 1,627 | 4 | 525 | 58 |
| 31 Mar 19 | 1,661 | 26 | 521 | 54 |
| 31 Dec 18 | 1,568 | 26 | 519 | 51 |
| 30 Sep 18 | 1,314 | 74 | 497 | 36 |
| 30 Jun 18 | 1,106 | 82 | 446 | 38 |
| 31 Mar 18 | 990 | 75 | 445 | 30 |
| 31 Dec 17 | 921 | 135 | 423 | 22 |
| 30 Sep 17 | 892 | -107 | 572 | 13 |
| 30 Jun 17 | 843 | -154 | 606 | 0 |
| 31 Mar 17 | 793 | -179 | 578 | 0 |
| 31 Dec 16 | 754 | -287 | 592 | 0 |
| 30 Sep 16 | 751 | -64 | 440 | 0 |
| 30 Jun 16 | 722 | -41 | 426 | 0 |
| 31 Mar 16 | 724 | -15 | 417 | 0 |
| 31 Dec 15 | 724 | 10 | 403 | 0 |
| 30 Sep 15 | 698 | 16 | 378 | 0 |
| 30 Jun 15 | 708 | 19 | 385 | 0 |
| 31 Mar 15 | 698 | -7 | 402 | 0 |
| 31 Dec 14 | 700 | 15 | 392 | 0 |
| 30 Sep 14 | 762 | 63 | 381 | 0 |
| 30 Jun 14 | 790 | 83 | 377 | 0 |
| 31 Mar 14 | 803 | 115 | 360 | 0 |
| 31 Dec 13 | 799 | 149 | 327 | 0 |
Quality Earnings: 002656 is currently unprofitable.
Growing Profit Margin: 002656 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002656 is unprofitable, but has reduced losses over the past 5 years at a rate of 63% per year.
Accelerating Growth: Unable to compare 002656's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 002656 is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (-5.5%).
Return on Equity
High ROE: 002656 has a negative Return on Equity (-12.97%), as it is currently unprofitable.