Beijing Forever Technology Past Earnings Performance
Past criteria checks 1/6
Beijing Forever Technology's earnings have been declining at an average annual rate of -64.1%, while the Software industry saw earnings declining at 3.2% annually. Revenues have been declining at an average rate of 11.4% per year. Beijing Forever Technology's return on equity is 1.1%, and it has net margins of 2%.
Key information
-64.1%
Earnings growth rate
-64.0%
EPS growth rate
| Software Industry Growth | 4.6% |
| Revenue growth rate | -11.4% |
| Return on equity | 1.1% |
| Net Margin | 2.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Beijing Forever 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 | 830 | 17 | 138 | 88 |
| 31 Dec 23 | 829 | 18 | 136 | 86 |
| 30 Sep 23 | 624 | -225 | 283 | 82 |
| 30 Jun 23 | 625 | -218 | 278 | 84 |
| 31 Mar 23 | 642 | -198 | 180 | 84 |
| 01 Jan 23 | 607 | -219 | 187 | 91 |
| 30 Sep 22 | 796 | 19 | 160 | 86 |
| 30 Jun 22 | 801 | 25 | 173 | 87 |
| 31 Mar 22 | 823 | 29 | 186 | 90 |
| 01 Jan 22 | 872 | 58 | 181 | 85 |
| 30 Sep 21 | 848 | 48 | 153 | 87 |
| 30 Jun 21 | 1,012 | 90 | 150 | 94 |
| 31 Mar 21 | 1,020 | 87 | 147 | 98 |
| 31 Dec 20 | 965 | 82 | 136 | 94 |
| 30 Sep 20 | 979 | 259 | 174 | 106 |
| 30 Jun 20 | 924 | 238 | 166 | 105 |
| 31 Mar 20 | 1,086 | 292 | 169 | 98 |
| 31 Dec 19 | 1,123 | 295 | 180 | 100 |
| 30 Sep 19 | 1,152 | 291 | 149 | 90 |
| 30 Jun 19 | 1,161 | 290 | 159 | 72 |
| 31 Mar 19 | 1,130 | 271 | 150 | 77 |
| 31 Dec 18 | 1,184 | 272 | 145 | 73 |
| 30 Sep 18 | 1,096 | 231 | 144 | 70 |
| 30 Jun 18 | 1,029 | 217 | 93 | 100 |
| 31 Mar 18 | 916 | 196 | 99 | 73 |
| 31 Dec 17 | 856 | 192 | 105 | 59 |
| 30 Sep 17 | 762 | 153 | 87 | 39 |
| 30 Jun 17 | 714 | 143 | 134 | 0 |
| 31 Mar 17 | 628 | 129 | 120 | 0 |
| 31 Dec 16 | 603 | 125 | 119 | 0 |
| 30 Sep 16 | 513 | 97 | 106 | 0 |
| 30 Jun 16 | 469 | 91 | 98 | 0 |
| 31 Mar 16 | 442 | 82 | 93 | 0 |
| 31 Dec 15 | 392 | 81 | 83 | 0 |
| 30 Sep 15 | 291 | 69 | 59 | 0 |
| 30 Jun 15 | 261 | 66 | 53 | 0 |
| 31 Mar 15 | 232 | 60 | 47 | 0 |
| 31 Dec 14 | 228 | 61 | 44 | 0 |
| 30 Sep 14 | 221 | 60 | 44 | 0 |
| 30 Jun 14 | 212 | 61 | 37 | 0 |
| 31 Mar 14 | 202 | 60 | 32 | 0 |
| 31 Dec 13 | 198 | 59 | 28 | 0 |
| 30 Sep 13 | 166 | 55 | 39 | 0 |
Quality Earnings: 300365 has a large one-off gain of CN¥93.0M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 300365 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300365's earnings have declined by 64.1% per year over the past 5 years.
Accelerating Growth: 300365 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 300365 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: 300365's Return on Equity (1.1%) is considered low.