TRS Information Technology Past Earnings Performance
Past criteria checks 0/6
TRS Information Technology's earnings have been declining at an average annual rate of -4.7%, while the Software industry saw earnings declining at 3.2% annually. Revenues have been declining at an average rate of 2.2% per year. TRS Information Technology's return on equity is 0.8%, and it has net margins of 4.5%.
Key information
-4.7%
Earnings growth rate
-5.5%
EPS growth rate
| Software Industry Growth | 4.6% |
| Revenue growth rate | -2.2% |
| Return on equity | 0.8% |
| Net Margin | 4.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
We Think That There Are More Issues For TRS Information Technology (SZSE:300229) Than Just Sluggish Earnings
Apr 17
Investors Appear Satisfied With TRS Information Technology Co., Ltd.'s (SZSE:300229) Prospects As Shares Rocket 34%
Mar 01TRS Information Technology (SZSE:300229) Will Be Hoping To Turn Its Returns On Capital Around
Feb 27Revenue & Expenses BreakdownBeta
How TRS 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 Mar 24 | 749 | 34 | 370 | 154 |
| 31 Dec 23 | 782 | 36 | 362 | 147 |
| 30 Sep 23 | 872 | 47 | 360 | 130 |
| 30 Jun 23 | 927 | 123 | 326 | 132 |
| 31 Mar 23 | 927 | 137 | 304 | 127 |
| 01 Jan 23 | 907 | 128 | 305 | 127 |
| 30 Sep 22 | 1,059 | 250 | 303 | 126 |
| 30 Jun 22 | 1,062 | 266 | 301 | 115 |
| 31 Mar 22 | 1,065 | 254 | 298 | 106 |
| 01 Jan 22 | 1,029 | 246 | 297 | 98 |
| 30 Sep 21 | 1,355 | 328 | 286 | 94 |
| 30 Jun 21 | 1,357 | 332 | 294 | 94 |
| 31 Mar 21 | 1,324 | 323 | 279 | 86 |
| 31 Dec 20 | 1,309 | 319 | 274 | 82 |
| 30 Sep 20 | 888 | 185 | 278 | 79 |
| 30 Jun 20 | 892 | 172 | 289 | 79 |
| 31 Mar 20 | 900 | 159 | 320 | 88 |
| 31 Dec 19 | 967 | 157 | 334 | 91 |
| 30 Sep 19 | 950 | 79 | 349 | 89 |
| 30 Jun 19 | 922 | 70 | 328 | 91 |
| 31 Mar 19 | 892 | 66 | 313 | 96 |
| 31 Dec 18 | 845 | 61 | 301 | 100 |
| 30 Sep 18 | 828 | 141 | 187 | 176 |
| 30 Jun 18 | 850 | 159 | 218 | 152 |
| 31 Mar 18 | 859 | 165 | 255 | 120 |
| 31 Dec 17 | 821 | 158 | 280 | 97 |
| 30 Sep 17 | 815 | 156 | 400 | 0 |
| 30 Jun 17 | 748 | 138 | 386 | 0 |
| 31 Mar 17 | 706 | 130 | 352 | 0 |
| 31 Dec 16 | 680 | 137 | 335 | 0 |
| 30 Sep 16 | 565 | 121 | 287 | 0 |
| 30 Jun 16 | 491 | 111 | 257 | 0 |
| 31 Mar 16 | 438 | 121 | 237 | 0 |
| 31 Dec 15 | 388 | 121 | 213 | 0 |
| 30 Sep 15 | 364 | 103 | 211 | 0 |
| 30 Jun 15 | 343 | 103 | 203 | 0 |
| 31 Mar 15 | 304 | 97 | 180 | 0 |
| 31 Dec 14 | 290 | 96 | 165 | 0 |
| 30 Sep 14 | 219 | 67 | 135 | 0 |
| 30 Jun 14 | 204 | 62 | 127 | 0 |
| 31 Mar 14 | 197 | 68 | 122 | 0 |
| 31 Dec 13 | 194 | 68 | 115 | 0 |
| 30 Sep 13 | 199 | 79 | 108 | 0 |
| 30 Jun 13 | 212 | 81 | 109 | 0 |
Quality Earnings: 300229 has a large one-off gain of CN¥5.8M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 300229's current net profit margins (4.5%) are lower than last year (14.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300229's earnings have declined by 4.7% per year over the past 5 years.
Accelerating Growth: 300229's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 300229 had negative earnings growth (-75.5%) over the past year, making it difficult to compare to the Software industry average (0.8%).
Return on Equity
High ROE: 300229's Return on Equity (0.8%) is considered low.