Shenzhen Xinyichang Technology Past Earnings Performance
Past criteria checks 0/6
Shenzhen Xinyichang Technology's earnings have been declining at an average annual rate of -7.9%, while the Semiconductor industry saw earnings growing at 20.5% annually. Revenues have been growing at an average rate of 2.3% per year. Shenzhen Xinyichang Technology's return on equity is 1.7%, and it has net margins of 3.3%.
Key information
-7.9%
Earnings growth rate
-14.3%
EPS growth rate
| Semiconductor Industry Growth | 27.3% |
| Revenue growth rate | 2.3% |
| Return on equity | 1.7% |
| Net Margin | 3.3% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Shenzhen Xinyichang Technology 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 | 945 | 31 | 151 | 98 |
| 31 Dec 23 | 1,040 | 60 | 148 | 97 |
| 30 Sep 23 | 1,003 | 52 | 167 | 92 |
| 30 Jun 23 | 1,078 | 127 | 161 | 100 |
| 31 Mar 23 | 1,191 | 192 | 169 | 93 |
| 31 Dec 22 | 1,184 | 205 | 163 | 88 |
| 30 Sep 22 | 1,406 | 284 | 186 | 89 |
| 30 Jun 22 | 1,348 | 255 | 182 | 89 |
| 31 Mar 22 | 1,346 | 264 | 182 | 78 |
| 31 Dec 21 | 1,197 | 232 | 161 | 76 |
| 30 Sep 21 | 1,014 | 197 | 131 | 62 |
| 30 Jun 21 | 876 | 164 | 109 | 53 |
| 31 Mar 21 | 745 | 125 | 86 | 49 |
| 31 Dec 20 | 704 | 108 | 85 | 47 |
| 31 Dec 19 | 655 | 88 | 94 | 39 |
| 31 Dec 18 | 699 | 101 | 68 | 32 |
Quality Earnings: 688383 has a large one-off loss of CN¥30.6M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 688383's current net profit margins (3.3%) are lower than last year (16.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688383's earnings have declined by 7.9% per year over the past 5 years.
Accelerating Growth: 688383's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688383 had negative earnings growth (-83.9%) over the past year, making it difficult to compare to the Semiconductor industry average (-6.3%).
Return on Equity
High ROE: 688383's Return on Equity (1.7%) is considered low.