Northking Information Technology Past Earnings Performance
Past criteria checks 4/6
Northking Information Technology has been growing earnings at an average annual rate of 15.1%, while the IT industry saw earnings growing at 3.7% annually. Revenues have been growing at an average rate of 22.8% per year. Northking Information Technology's return on equity is 13.7%, and it has net margins of 8.2%.
Key information
15.1%
Earnings growth rate
9.4%
EPS growth rate
| IT Industry Growth | 7.5% |
| Revenue growth rate | 22.8% |
| Return on equity | 13.7% |
| Net Margin | 8.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Northking Information Technology (SZSE:002987) Is Increasing Its Dividend To CN¥0.17
May 13
Additional Considerations Required While Assessing Northking Information Technology's (SZSE:002987) Strong Earnings
Apr 21Here's What's Concerning About Northking Information Technology's (SZSE:002987) Returns On Capital
Mar 27Northking Information Technology Co., Ltd.'s (SZSE:002987) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Mar 04These 4 Measures Indicate That Northking Information Technology (SZSE:002987) Is Using Debt Reasonably Well
Feb 27Revenue & Expenses Breakdown
How Northking Information Technology 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 Dec 23 | 4,242 | 348 | 247 | 394 |
| 30 Sep 23 | 4,089 | 337 | 216 | 399 |
| 31 Mar 23 | 3,840 | 314 | 204 | 363 |
| 01 Jan 23 | 3,673 | 277 | 203 | 346 |
| 30 Sep 22 | 3,538 | 233 | 226 | 328 |
| 30 Jun 22 | 3,347 | 213 | 236 | 309 |
| 31 Mar 22 | 3,194 | 203 | 232 | 293 |
| 01 Jan 22 | 3,054 | 231 | 213 | 280 |
| 30 Sep 21 | 2,931 | 278 | 199 | 262 |
| 30 Jun 21 | 2,762 | 306 | 189 | 249 |
| 31 Mar 21 | 2,577 | 304 | 174 | 225 |
| 31 Dec 20 | 2,293 | 276 | 161 | 192 |
| 30 Sep 20 | 2,088 | 240 | 149 | 166 |
| 30 Jun 20 | 1,913 | 215 | 134 | 146 |
| 31 Mar 20 | 1,740 | 176 | 127 | 128 |
| 31 Dec 19 | 1,687 | 175 | 128 | 124 |
| 31 Dec 18 | 1,226 | 78 | 107 | 78 |
| 31 Dec 17 | 1,010 | 48 | 93 | 50 |
| 31 Dec 16 | 852 | 46 | 88 | 42 |
Quality Earnings: 002987 has a high level of non-cash earnings.
Growing Profit Margin: 002987's current net profit margins (8.2%) are higher than last year (7.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002987's earnings have grown by 15.1% per year over the past 5 years.
Accelerating Growth: 002987's earnings growth over the past year (25.7%) exceeds its 5-year average (15.1% per year).
Earnings vs Industry: 002987 earnings growth over the past year (25.7%) exceeded the IT industry -5.4%.
Return on Equity
High ROE: 002987's Return on Equity (13.7%) is considered low.