Ronglian Group Past Earnings Performance
Past criteria checks 0/6
Ronglian Group has been growing earnings at an average annual rate of 39.3%, while the IT industry saw earnings growing at 3.7% annually. Revenues have been growing at an average rate of 1.5% per year.
Key information
39.3%
Earnings growth rate
39.3%
EPS growth rate
| IT Industry Growth | 7.5% |
| Revenue growth rate | 1.5% |
| Return on equity | -31.9% |
| Net Margin | -15.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Ronglian Group 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 | 2,333 | -360 | 274 | 97 |
| 31 Dec 23 | 2,376 | -363 | 288 | 96 |
| 30 Sep 23 | 3,167 | -180 | 313 | 98 |
| 30 Jun 23 | 3,402 | 9 | 267 | 109 |
| 31 Mar 23 | 3,545 | 11 | 283 | 92 |
| 01 Jan 23 | 3,739 | 12 | 303 | 98 |
| 30 Sep 22 | 3,878 | 57 | 298 | 97 |
| 30 Jun 22 | 3,802 | 57 | 304 | 75 |
| 31 Mar 22 | 3,630 | 57 | 303 | 80 |
| 01 Jan 22 | 3,583 | 56 | 305 | 80 |
| 30 Sep 21 | 3,242 | -1,087 | 356 | 80 |
| 30 Jun 21 | 3,157 | -1,082 | 387 | 89 |
| 31 Mar 21 | 3,006 | -1,082 | 395 | 112 |
| 31 Dec 20 | 2,813 | -1,083 | 392 | 114 |
| 30 Sep 20 | 3,117 | 32 | 313 | 137 |
| 30 Jun 20 | 3,033 | 25 | 321 | 121 |
| 31 Mar 20 | 2,963 | 26 | 315 | 112 |
| 31 Dec 19 | 3,257 | 36 | 328 | 134 |
| 30 Sep 19 | 2,836 | -1,344 | 717 | 169 |
| 30 Jun 19 | 2,771 | -1,345 | 694 | 190 |
| 31 Mar 19 | 2,887 | -1,369 | 721 | 203 |
| 31 Dec 18 | 2,734 | -1,458 | 729 | 200 |
| 30 Sep 18 | 2,563 | -201 | 383 | 130 |
| 30 Jun 18 | 2,560 | -177 | 295 | 206 |
| 31 Mar 18 | 2,126 | -185 | 312 | 170 |
| 31 Dec 17 | 1,889 | -202 | 328 | 127 |
| 30 Sep 17 | 1,689 | 186 | 306 | 109 |
| 30 Jun 17 | 1,503 | 191 | 408 | 0 |
| 31 Mar 17 | 1,606 | 238 | 388 | 0 |
| 31 Dec 16 | 1,596 | 240 | 378 | 0 |
| 30 Sep 16 | 1,514 | 192 | 358 | 0 |
| 30 Jun 16 | 1,546 | 176 | 360 | 0 |
| 31 Mar 16 | 1,589 | 207 | 356 | 0 |
| 31 Dec 15 | 1,546 | 209 | 352 | 0 |
| 30 Sep 15 | 1,513 | 167 | 360 | 0 |
| 30 Jun 15 | 1,546 | 177 | 345 | 0 |
| 31 Mar 15 | 1,457 | 160 | 326 | 0 |
| 31 Dec 14 | 1,498 | 166 | 315 | 0 |
| 30 Sep 14 | 1,398 | 120 | 292 | 0 |
| 30 Jun 14 | 1,284 | 118 | 262 | 0 |
| 31 Mar 14 | 1,248 | 114 | 212 | 0 |
| 31 Dec 13 | 1,174 | 115 | 176 | 0 |
| 30 Sep 13 | 996 | 96 | 135 | 0 |
| 30 Jun 13 | 957 | 93 | 117 | 0 |
Quality Earnings: 002642 is currently unprofitable.
Growing Profit Margin: 002642 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002642 is unprofitable, but has reduced losses over the past 5 years at a rate of 39.3% per year.
Accelerating Growth: Unable to compare 002642's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 002642 is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (-5.4%).
Return on Equity
High ROE: 002642 has a negative Return on Equity (-31.92%), as it is currently unprofitable.