Shanghai Suochen Information TechnologyLtd Past Earnings Performance
Past criteria checks 3/6
Shanghai Suochen Information TechnologyLtd has been growing earnings at an average annual rate of 29.7%, while the Software industry saw earnings declining at 2.8% annually. Revenues have been growing at an average rate of 28.7% per year. Shanghai Suochen Information TechnologyLtd's return on equity is 1.9%, and it has net margins of 16.1%.
Key information
29.7%
Earnings growth rate
4.9%
EPS growth rate
| Software Industry Growth | 4.6% |
| Revenue growth rate | 28.7% |
| Return on equity | 1.9% |
| Net Margin | 16.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 31 Mar 24 | 345 | 56 | 71 | 119 |
| 31 Dec 23 | 320 | 57 | 58 | 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 high quality earnings.
Growing Profit Margin: 688507's current net profit margins (16.1%) are lower than last year (18.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688507's earnings have grown significantly by 29.7% per year over the past 5 years.
Accelerating Growth: 688507's earnings growth over the past year (13.6%) is below its 5-year average (29.7% per year).
Earnings vs Industry: 688507 earnings growth over the past year (13.6%) exceeded the Software industry 0.7%.
Return on Equity
High ROE: 688507's Return on Equity (1.9%) is considered low.