This company may still be operating, however this listing is no longer active.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 Growth
4.6%
Revenue growth rate
9.5%
Return on equity
-12.2%
Net Margin
-68.6%
Next Earnings Update
31 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)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Dec 22
143
-98
0
0
30 Sep 22
183
-39
61
48
30 Jun 22
238
-13
56
52
31 Mar 22
296
17
55
54
31 Dec 21
329
46
51
50
30 Sep 21
304
68
42
40
30 Jun 21
289
77
37
33
31 Mar 21
267
82
34
30
31 Dec 20
256
81
34
26
30 Sep 20
228
84
28
22
30 Jun 20
227
88
27
20
31 Mar 20
194
79
25
18
31 Dec 19
221
84
28
19
30 Sep 19
229
65
27
19
30 Jun 19
246
59
26
22
31 Mar 19
224
56
23
19
31 Dec 18
202
53
21
17
30 Sep 18
166
46
20
14
30 Jun 18
131
40
19
11
31 Mar 18
127
36
18
10
31 Dec 17
124
33
17
10
30 Sep 17
88
17
21
2
30 Jun 17
96
24
16
4
31 Mar 17
95
23
18
2
31 Dec 16
72
10
20
0
30 Sep 16
105
23
20
0
30 Jun 16
116
25
22
0
31 Mar 16
100
23
18
0
31 Dec 15
83
21
14
0
31 Dec 14
27
5
14
0
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.