Primeton Information Technologies Past Earnings Performance

Past criteria checks 0/6

Primeton Information Technologies's earnings have been declining at an average annual rate of -64.2%, while the Software industry saw earnings declining at 2.8% annually. Revenues have been growing at an average rate of 6.6% per year.

Key information

-64.2%

Earnings growth rate

-67.1%

EPS growth rate

Software Industry Growth	4.6%
Revenue growth rate	6.6%
Return on equity	-4.1%
Net Margin	-7.1%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

Investors Don't See Light At End Of Primeton Information Technologies, Inc.'s (SHSE:688118) Tunnel And Push Stock Down 32%

Apr 21

Primeton Information Technologies, Inc. (SHSE:688118) Surges 32% Yet Its Low P/S Is No Reason For Excitement

Mar 06

Revenue & Expenses Breakdown
Beta

How Primeton Information Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SHSE:688118 Revenue, expenses and earnings (CNY Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
31 Mar 24	474	-33	12	3
31 Dec 23	481	-16	170	106
30 Sep 23	469	-10	165	104
30 Jun 23	469	-3	159	97
31 Mar 23	443	0	156	90
31 Dec 22	425	1	149	86
30 Sep 22	470	14	161	86
30 Jun 22	449	22	157	84
31 Mar 22	447	28	155	81
31 Dec 21	436	39	151	75
30 Sep 21	408	43	141	65
30 Jun 21	391	35	146	60
31 Mar 21	380	45	142	57
31 Dec 20	361	31	145	57
30 Sep 20	386	37	144	58
30 Jun 20	413	58	135	57
31 Mar 20	397	44	140	58
31 Dec 19	396	50	137	55
31 Dec 18	340	48	122	46
31 Dec 17	317	42	119	45
31 Dec 16	315	45	120	44
31 Dec 15	248	41	132	0
31 Dec 14	180	34	115	0
31 Dec 13	115	0	79	0

Quality Earnings: 688118 is currently unprofitable.

Growing Profit Margin: 688118 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 688118 is unprofitable, and losses have increased over the past 5 years at a rate of 64.2% per year.

Accelerating Growth: Unable to compare 688118's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 688118 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (5.1%).

Return on Equity

High ROE: 688118 has a negative Return on Equity (-4.08%), as it is currently unprofitable.

Primeton Information Technologies Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2023 earnings released: CN¥0.17 loss per share (vs CN¥0.013 profit in FY 2022)

Primeton Information Technologies, Inc. to Report Q1, 2024 Results on Apr 26, 2024

Full year 2023 earnings released: CN¥0.17 loss per share (vs CN¥0.013 profit in FY 2022)

Third quarter 2023 earnings released: CN¥0.091 loss per share (vs CN¥0.009 loss in 3Q 2022)

Second quarter 2023 earnings released: CN¥0.10 loss per share (vs CN¥0.075 loss in 2Q 2022)

Primeton Information Technologies, Inc. to Report First Half, 2023 Results on Aug 30, 2023

Recent updates

Full year 2023 earnings released: CN¥0.17 loss per share (vs CN¥0.013 profit in FY 2022)

Primeton Information Technologies, Inc., Annual General Meeting, May 24, 2024

Investors Don't See Light At End Of Primeton Information Technologies, Inc.'s (SHSE:688118) Tunnel And Push Stock Down 32%

Primeton Information Technologies, Inc. to Report Q1, 2024 Results on Apr 26, 2024

Primeton Information Technologies, Inc. (SHSE:688118) Surges 32% Yet Its Low P/S Is No Reason For Excitement

Full year 2023 earnings released: CN¥0.17 loss per share (vs CN¥0.013 profit in FY 2022)

Third quarter 2023 earnings released: CN¥0.091 loss per share (vs CN¥0.009 loss in 3Q 2022)

Second quarter 2023 earnings released: CN¥0.10 loss per share (vs CN¥0.075 loss in 2Q 2022)

Primeton Information Technologies, Inc. to Report First Half, 2023 Results on Aug 30, 2023

New major risk - Share price stability

First quarter 2023 earnings released: CN¥0.24 loss per share (vs CN¥0.22 loss in 1Q 2022)

Full year 2022 earnings: EPS exceeds analyst expectations

Less than half of directors are independent

Third quarter 2022 earnings released: CN¥0.009 loss per share (vs CN¥0.075 profit in 3Q 2021)

Second quarter 2022 earnings released: CN¥0.075 loss per share (vs CN¥0.002 loss in 2Q 2021)

Investor sentiment improved over the past week

No independent directors

Investor sentiment deteriorated over the past week

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS CN¥0.075 (vs CN¥0.009 loss in 3Q 2020)

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: CN¥0.002 loss per share (vs CN¥0.094 profit in 2Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Primeton Information Technologies, Inc. (SHSE:688118) announces an Equity Buyback for CNY 70 million worth of its shares.

First quarter 2021 earnings released: CN¥0.10 loss per share (vs CN¥0.24 loss in 1Q 2020)

Primeton Information Technologies, Inc. (SHSE:688118) announces an Equity Buyback for CNY 30 million worth of its shares.

New 90-day low: CN¥19.77

Full year 2020 earnings released: EPS CN¥0.33 (vs CN¥0.69 in FY 2019)

New 90-day low: CN¥22.20

New 90-day low: CN¥24.72

New 90-day low: CN¥27.09

New 90-day low: CN¥30.29

New 90-day low: CN¥34.61

Primeton Information Technologies, Inc. announced that it expects to receive CNY 558.10125 million in funding

Primeton Information Technologies, Inc. (SHSE:688118) entered into a framework agreement to acquire 100% stake in Advanced Analytic Services Limited from a group of shareholders for CNY 750 million.

New 90-day low - CN¥37.97

Primeton Information Technologies, Inc. to Report First Half, 2020 Results on Aug 26, 2020

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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