CETC Digital TechnologyLtd Past Earnings Performance
Past criteria checks 3/6
CETC Digital TechnologyLtd has been growing earnings at an average annual rate of 13.2%, while the IT industry saw earnings growing at 2.5% annually. Revenues have been growing at an average rate of 6.6% per year. CETC Digital TechnologyLtd's return on equity is 11.7%, and it has net margins of 5.1%.
Key information
13.2%
Earnings growth rate
7.5%
EPS growth rate
| IT Industry Growth | 7.5% |
| Revenue growth rate | 6.6% |
| Return on equity | 11.7% |
| Net Margin | 5.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
CETC Digital Technology Co.,Ltd. (SHSE:600850) Stock Rockets 46% As Investors Are Less Pessimistic Than Expected
Oct 22
Is CETC Digital TechnologyLtd (SHSE:600850) Using Too Much Debt?
Oct 15CETC Digital Technology Co.,Ltd.'s (SHSE:600850) Prospects Need A Boost To Lift Shares
Jul 02CETC Digital TechnologyLtd (SHSE:600850) May Have Issues Allocating Its Capital
May 25CETC Digital TechnologyLtd's (SHSE:600850) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 08CETC Digital TechnologyLtd (SHSE:600850) Has A Rock Solid Balance Sheet
Mar 25Further Upside For CETC Digital Technology Co.,Ltd. (SHSE:600850) Shares Could Introduce Price Risks After 29% Bounce
Mar 04Revenue & Expenses Breakdown
How CETC Digital TechnologyLtd 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 | 10,174 | 521 | 1,076 | 455 |
| 30 Jun 24 | 10,255 | 499 | 1,083 | 446 |
| 31 Mar 24 | 10,024 | 498 | 1,080 | 440 |
| 31 Dec 23 | 10,001 | 497 | 1,077 | 439 |
| 30 Sep 23 | 9,896 | 508 | 1,043 | 449 |
| 30 Jun 23 | 9,908 | 514 | 1,012 | 439 |
| 31 Mar 23 | 10,052 | 509 | 962 | 426 |
| 31 Dec 22 | 9,872 | 521 | 910 | 429 |
| 30 Sep 22 | 9,501 | 408 | 833 | 435 |
| 30 Jun 22 | 9,498 | 370 | 802 | 487 |
| 31 Mar 22 | 9,688 | 388 | 756 | 466 |
| 31 Dec 21 | 9,469 | 398 | 729 | 438 |
| 30 Sep 21 | 9,798 | 352 | 695 | 408 |
| 30 Jun 21 | 9,152 | 331 | 624 | 329 |
| 31 Mar 21 | 8,375 | 323 | 605 | 315 |
| 31 Dec 20 | 8,130 | 317 | 584 | 307 |
| 30 Sep 20 | 7,792 | 307 | 565 | 299 |
| 30 Jun 20 | 7,542 | 294 | 546 | 294 |
| 31 Mar 20 | 7,463 | 307 | 541 | 293 |
| 31 Dec 19 | 7,779 | 322 | 554 | 281 |
| 30 Sep 19 | 7,537 | 311 | 595 | 245 |
| 30 Jun 19 | 7,506 | 311 | 580 | 248 |
| 31 Mar 19 | 7,507 | 308 | 560 | 247 |
| 31 Dec 18 | 7,303 | 302 | 530 | 255 |
| 30 Sep 18 | 7,091 | 315 | 482 | 266 |
| 30 Jun 18 | 6,877 | 309 | 343 | 392 |
| 31 Mar 18 | 6,714 | 285 | 389 | 330 |
| 31 Dec 17 | 6,597 | 288 | 445 | 265 |
| 30 Sep 17 | 6,595 | 288 | 525 | 185 |
| 30 Jun 17 | 6,342 | 292 | 702 | 0 |
| 31 Mar 17 | 6,186 | 287 | 684 | 0 |
| 31 Dec 16 | 6,052 | 273 | 679 | 0 |
| 30 Sep 16 | 6,295 | 336 | 658 | 0 |
| 30 Jun 16 | 6,305 | 331 | 643 | 0 |
| 31 Mar 16 | 6,276 | 334 | 648 | 0 |
| 31 Dec 15 | 6,061 | 306 | 632 | 0 |
| 30 Sep 15 | 5,775 | 261 | 641 | 0 |
| 30 Jun 15 | 5,692 | 266 | 635 | 0 |
| 31 Mar 15 | 5,571 | 256 | 578 | 0 |
| 31 Dec 14 | 5,750 | 250 | 580 | 0 |
| 30 Sep 14 | 5,735 | 300 | 535 | 0 |
| 30 Jun 14 | 5,755 | 262 | 538 | 0 |
| 31 Mar 14 | 5,710 | 255 | 531 | 0 |
| 31 Dec 13 | 5,577 | 244 | 532 | 0 |
Quality Earnings: 600850 has high quality earnings.
Growing Profit Margin: 600850's current net profit margins (5.1%) are lower than last year (5.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600850's earnings have grown by 13.2% per year over the past 5 years.
Accelerating Growth: 600850's earnings growth over the past year (2.6%) is below its 5-year average (13.2% per year).
Earnings vs Industry: 600850 earnings growth over the past year (2.6%) exceeded the IT industry -8.1%.
Return on Equity
High ROE: 600850's Return on Equity (11.7%) is considered low.