Modern Avenue Group Co., Ltd.

XSEC:002656 Stock Report

Market Cap: CN¥940.5m

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 Growth3.1%
Revenue growth rate-40.4%
Return on equity-13.0%
Net Margin-20.1%
Last Earnings Update30 Sep 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
30 Sep 24234-471205
30 Jun 24244-1122185
31 Mar 24262-891945
31 Dec 23290-892215
30 Sep 23275-1422605
30 Jun 23265-1472166
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

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.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:57
End of Day Share Price 2024/11/08 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

Modern Avenue Group Co., Ltd. is covered by 9 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yu LeiChangjiang Securities Co. LTD.
Ge JinChina International Capital Corporation Limited
Yu SunChina Merchants Securities Co. Ltd.