Essence Information Technology Co., Ltd.

SHSE:688555 Stock Report

Market Cap: CN¥93.1m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Essence Information Technology Past Earnings Performance

Past criteria checks 0/6

Essence Information Technology's earnings have been declining at an average annual rate of -21.7%, while the Software industry saw earnings growing at 9.1% annually. Revenues have been growing at an average rate of 9.5% per year.

Key information

-21.7%

Earnings growth rate

-27.3%

EPS growth rate

Software Industry Growth4.6%
Revenue growth rate9.5%
Return on equity-12.2%
Net Margin-68.6%
Next Earnings Update31 Aug 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

SHSE:688555 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 22143-9800
30 Sep 22183-396148
30 Jun 22238-135652
31 Mar 22296175554
31 Dec 21329465150
30 Sep 21304684240
30 Jun 21289773733
31 Mar 21267823430
31 Dec 20256813426
30 Sep 20228842822
30 Jun 20227882720
31 Mar 20194792518
31 Dec 19221842819
30 Sep 19229652719
30 Jun 19246592622
31 Mar 19224562319
31 Dec 18202532117
30 Sep 18166462014
30 Jun 18131401911
31 Mar 18127361810
31 Dec 17124331710
30 Sep 178817212
30 Jun 179624164
31 Mar 179523182
31 Dec 167210200
30 Sep 1610523200
30 Jun 1611625220
31 Mar 1610023180
31 Dec 158321140
31 Dec 14275140

Quality Earnings: 688555 is currently unprofitable.

Growing Profit Margin: 688555 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 688555 is unprofitable, and losses have increased over the past 5 years at a rate of 21.7% per year.

Accelerating Growth: Unable to compare 688555's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 688555 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (-11%).

Return on Equity

High ROE: 688555 has a negative Return on Equity (-12.19%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/07/08 17:28
End of Day Share Price 2023/06/30 00:00
Earnings2022/12/31
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Essence Information Technology Co., Ltd. is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution