Hangzhou Hopechart IoT TechnologyLtd Past Earnings Performance
Past criteria checks 0/6
Hangzhou Hopechart IoT TechnologyLtd's earnings have been declining at an average annual rate of -71.7%, while the Software industry saw earnings declining at 3.2% annually. Revenues have been declining at an average rate of 11.7% per year.
Key information
-71.7%
Earnings growth rate
-73.0%
EPS growth rate
| Software Industry Growth | 4.6% |
| Revenue growth rate | -11.7% |
| Return on equity | -9.9% |
| Net Margin | -15.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Hangzhou Hopechart IoT 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 |
|---|---|---|---|---|
| 31 Mar 24 | 453 | -71 | 71 | 156 |
| 31 Dec 23 | 409 | -72 | 67 | 149 |
| 30 Sep 23 | 352 | -83 | 75 | 138 |
| 30 Jun 23 | 291 | -99 | 70 | 133 |
| 31 Mar 23 | 256 | -102 | 67 | 131 |
| 31 Dec 22 | 240 | -106 | 67 | 130 |
| 30 Sep 22 | 267 | -71 | 59 | 124 |
| 30 Jun 22 | 274 | -43 | 57 | 123 |
| 31 Mar 22 | 340 | -6 | 59 | 118 |
| 31 Dec 21 | 406 | 30 | 62 | 113 |
| 30 Sep 21 | 472 | 76 | 70 | 102 |
| 30 Jun 21 | 509 | 93 | 72 | 95 |
| 31 Mar 21 | 525 | 98 | 75 | 91 |
| 31 Dec 20 | 456 | 88 | 70 | 83 |
| 30 Sep 20 | 417 | 75 | 70 | 78 |
| 30 Jun 20 | 371 | 71 | 66 | 68 |
| 31 Mar 20 | 314 | 66 | 57 | 57 |
| 31 Dec 19 | 313 | 70 | 54 | 51 |
| 31 Dec 18 | 248 | 57 | 38 | 40 |
| 31 Dec 17 | 271 | 48 | 43 | 52 |
| 31 Dec 16 | 152 | 32 | 20 | 18 |
Quality Earnings: 688288 is currently unprofitable.
Growing Profit Margin: 688288 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688288 is unprofitable, and losses have increased over the past 5 years at a rate of 71.7% per year.
Accelerating Growth: Unable to compare 688288's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 688288 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (0.8%).
Return on Equity
High ROE: 688288 has a negative Return on Equity (-9.95%), as it is currently unprofitable.