Modern Avenue Group Co., Ltd.

XSEC:002656 Stock Report

Market Cap: CN¥662.6m

Modern Avenue Group Past Earnings Performance

Past criteria checks 0/6

Modern Avenue Group has been growing earnings at an average annual rate of 45%, while the Specialty Retail industry saw earnings declining at 1.9% annually. Revenues have been declining at an average rate of 44.1% per year.

Key information

45.0%

Earnings growth rate

45.4%

EPS growth rate

Specialty Retail Industry Growth3.1%
Revenue growth rate-44.1%
Return on equity-27.9%
Net Margin-34.0%
Next Earnings Update30 Aug 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Modern Avenue Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

XSEC:002656 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 24262-891945
31 Dec 23290-892215
30 Sep 23275-1422605
30 Jun 23265-1472076
31 Mar 23250-842596
01 Jan 23230-411976
30 Sep 22278-91645
30 Jun 22314481784
31 Mar 22338-341744
01 Jan 22385-391957
30 Sep 214141523312
30 Jun 21403-4922016
31 Mar 214413223422
31 Dec 20512726524
30 Sep 20785-1,43678240
30 Jun 20972-1,46485347
31 Mar 201,137-1,54792952
31 Dec 191,372-1,46895556
30 Sep 191,482-5853359
30 Jun 191,627452558
31 Mar 191,6612652154
31 Dec 181,5682651951
30 Sep 181,3147449736
30 Jun 181,1068244638
31 Mar 189907544530
31 Dec 1792113542322
30 Sep 17892-10757213
30 Jun 17843-1546060
31 Mar 17793-1795780
31 Dec 16754-2875920
30 Sep 16751-644400
30 Jun 16722-414260
31 Mar 16724-154170
31 Dec 15724104030
30 Sep 15698163780
30 Jun 15708193850
31 Mar 15698-74020
31 Dec 14700153920
30 Sep 14762633810
30 Jun 14790833770
31 Mar 148031153600
31 Dec 137991493270
30 Sep 137701822990

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 45% 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 (5.2%).


Return on Equity

High ROE: 002656 has a negative Return on Equity (-27.85%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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