Beijing VRV Software Past Earnings Performance
Past criteria checks 2/6
Beijing VRV Software's earnings have been declining at an average annual rate of -44.3%, while the Software industry saw earnings declining at 3.2% annually. Revenues have been declining at an average rate of 3.2% per year. Beijing VRV Software's return on equity is 0.3%, and it has net margins of 1.1%.
Key information
-44.3%
Earnings growth rate
-44.3%
EPS growth rate
| Software Industry Growth | 4.6% |
| Revenue growth rate | -3.2% |
| Return on equity | 0.3% |
| Net Margin | 1.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Beijing VRV Software 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 | 660 | 7 | 348 | 160 |
| 31 Dec 23 | 683 | 7 | 362 | 158 |
| 30 Sep 23 | 555 | -192 | 464 | 153 |
| 30 Jun 23 | 631 | -139 | 434 | 140 |
| 31 Mar 23 | 566 | -187 | 443 | 142 |
| 01 Jan 23 | 543 | -187 | 439 | 139 |
| 30 Sep 22 | 581 | -444 | 721 | 149 |
| 30 Jun 22 | 567 | -518 | 784 | 160 |
| 31 Mar 22 | 720 | -413 | 809 | 150 |
| 01 Jan 22 | 675 | -440 | 815 | 149 |
| 30 Sep 21 | 698 | -35 | 415 | 125 |
| 30 Jun 21 | 715 | 28 | 384 | 124 |
| 31 Mar 21 | 616 | -4 | 344 | 127 |
| 31 Dec 20 | 641 | 26 | 339 | 108 |
| 30 Sep 20 | 702 | 32 | 404 | 83 |
| 30 Jun 20 | 690 | 26 | 367 | 77 |
| 31 Mar 20 | 722 | 23 | 397 | 81 |
| 31 Dec 19 | 722 | 22 | 373 | 89 |
| 30 Sep 19 | 789 | 114 | 383 | 77 |
| 30 Jun 19 | 673 | 89 | 317 | 80 |
| 31 Mar 19 | 596 | 88 | 294 | 69 |
| 31 Dec 18 | 572 | 86 | 283 | 68 |
| 30 Sep 18 | 540 | 100 | 246 | 69 |
| 30 Jun 18 | 542 | 98 | 224 | 89 |
| 31 Mar 18 | 539 | 92 | 223 | 74 |
| 31 Dec 17 | 515 | 91 | 236 | 56 |
| 30 Sep 17 | 547 | 83 | 214 | 49 |
| 30 Jun 17 | 519 | 81 | 265 | 0 |
| 31 Mar 17 | 496 | 81 | 247 | 0 |
| 31 Dec 16 | 492 | 80 | 240 | 0 |
| 30 Sep 16 | 528 | 73 | 229 | 0 |
| 30 Jun 16 | 507 | 74 | 220 | 0 |
| 31 Mar 16 | 486 | 71 | 209 | 0 |
| 31 Dec 15 | 470 | 71 | 200 | 0 |
| 30 Sep 15 | 290 | 72 | 178 | 0 |
| 30 Jun 15 | 282 | 71 | 186 | 0 |
| 31 Mar 15 | 268 | 68 | 178 | 0 |
| 31 Dec 14 | 263 | 68 | 172 | 0 |
| 30 Sep 14 | 262 | 69 | 161 | 0 |
| 30 Jun 14 | 250 | 65 | 151 | 0 |
| 31 Mar 14 | 238 | 68 | 142 | 0 |
| 31 Dec 13 | 228 | 68 | 136 | 0 |
| 30 Sep 13 | 201 | 62 | 125 | 0 |
| 30 Jun 13 | 185 | 62 | 117 | 0 |
Quality Earnings: 300352 has a large one-off loss of CN¥2.6M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 300352 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300352 has become profitable over the past 5 years, growing earnings by -44.3% per year.
Accelerating Growth: 300352 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 300352 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (0.6%).
Return on Equity
High ROE: 300352's Return on Equity (0.3%) is considered low.