Shanghai Suochen Information TechnologyLtd Past Earnings Performance
Past criteria checks 1/6
Shanghai Suochen Information TechnologyLtd has been growing earnings at an average annual rate of 17.6%, while the Software industry saw earnings growing at 1.1% annually. Revenues have been growing at an average rate of 19.5% per year. Shanghai Suochen Information TechnologyLtd's return on equity is 0.8%, and it has net margins of 6.8%.
Key information
17.6%
Earnings growth rate
-10.6%
EPS growth rate
| Software Industry Growth | 4.6% |
| Revenue growth rate | 19.5% |
| Return on equity | 0.8% |
| Net Margin | 6.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Why Investors Shouldn't Be Surprised By Shanghai Suochen Information Technology Co.,Ltd.'s (SHSE:688507) 41% Share Price Surge
Nov 07
Shanghai Suochen Information TechnologyLtd's (SHSE:688507) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Sep 03Shanghai Suochen Information TechnologyLtd (SHSE:688507) Shareholders Will Want The ROCE Trajectory To Continue
Jun 13Shanghai Suochen Information Technology Co.,Ltd.'s (SHSE:688507) 32% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Apr 21Shanghai Suochen Information Technology Co.,Ltd.'s (SHSE:688507) P/S Is Still On The Mark Following 28% Share Price Bounce
Mar 07Revenue & Expenses Breakdown
How Shanghai Suochen Information 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 | 351 | 24 | 127 | 134 |
| 30 Jun 24 | 351 | 23 | 118 | 135 |
| 31 Mar 24 | 345 | 56 | 111 | 119 |
| 31 Dec 23 | 320 | 57 | 101 | 105 |
| 30 Sep 23 | 282 | 65 | 67 | 90 |
| 30 Jun 23 | 274 | 58 | 61 | 87 |
| 31 Mar 23 | 268 | 49 | 52 | 93 |
| 31 Dec 22 | 268 | 54 | 54 | 88 |
| 31 Dec 21 | 193 | 50 | 50 | 61 |
| 31 Dec 20 | 162 | 33 | 41 | 62 |
| 31 Dec 19 | 116 | -13 | 40 | 59 |
Quality Earnings: 688507 has a large one-off gain of CN¥8.9M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 688507's current net profit margins (6.8%) are lower than last year (23%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688507's earnings have grown by 17.6% per year over the past 5 years.
Accelerating Growth: 688507's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688507 had negative earnings growth (-63.1%) over the past year, making it difficult to compare to the Software industry average (-11.2%).
Return on Equity
High ROE: 688507's Return on Equity (0.8%) is considered low.