Xinjiang Sailing Information Technology Past Earnings Performance
Past criteria checks 0/6
Xinjiang Sailing Information Technology's earnings have been declining at an average annual rate of -7.2%, while the IT industry saw earnings growing at 2.5% annually. Revenues have been declining at an average rate of 14.7% per year.
Key information
-7.2%
Earnings growth rate
-4.3%
EPS growth rate
| IT Industry Growth | 7.5% |
| Revenue growth rate | -14.7% |
| Return on equity | -9.0% |
| Net Margin | -19.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Companies Like Xinjiang Sailing Information Technology (SZSE:300588) Can Afford To Invest In Growth
Dec 12
Xinjiang Sailing Information Technology Co., Ltd.'s (SZSE:300588) Shares Climb 27% But Its Business Is Yet to Catch Up
Nov 01There's Reason For Concern Over Xinjiang Sailing Information Technology Co., Ltd.'s (SZSE:300588) Massive 35% Price Jump
Aug 26We're Hopeful That Xinjiang Sailing Information Technology (SZSE:300588) Will Use Its Cash Wisely
Aug 23More Unpleasant Surprises Could Be In Store For Xinjiang Sailing Information Technology Co., Ltd.'s (SZSE:300588) Shares After Tumbling 29%
Apr 16What Xinjiang Sailing Information Technology Co., Ltd.'s (SZSE:300588) P/S Is Not Telling You
Feb 28Revenue & Expenses Breakdown
How Xinjiang Sailing 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 |
|---|---|---|---|---|
| 30 Sep 24 | 162 | -32 | 90 | 16 |
| 30 Jun 24 | 142 | -50 | 95 | 18 |
| 31 Mar 24 | 154 | -53 | 101 | 17 |
| 31 Dec 23 | 159 | -40 | 86 | 16 |
| 30 Sep 23 | 175 | -46 | 106 | 17 |
| 30 Jun 23 | 191 | -44 | 106 | 15 |
| 31 Mar 23 | 195 | -48 | 104 | 16 |
| 01 Jan 23 | 179 | -61 | 117 | 16 |
| 30 Sep 22 | 156 | -114 | 136 | 16 |
| 30 Jun 22 | 144 | -118 | 126 | 16 |
| 31 Mar 22 | 134 | -121 | 133 | 16 |
| 01 Jan 22 | 145 | -85 | 117 | 14 |
| 30 Sep 21 | 242 | -93 | 123 | 22 |
| 30 Jun 21 | 273 | -93 | 132 | 20 |
| 31 Mar 21 | 287 | -91 | 132 | 20 |
| 31 Dec 20 | 270 | -136 | 151 | 20 |
| 30 Sep 20 | 251 | -26 | 118 | 12 |
| 30 Jun 20 | 244 | -15 | 117 | 13 |
| 31 Mar 20 | 275 | 3 | 120 | 12 |
| 31 Dec 19 | 281 | 9 | 118 | 13 |
| 30 Sep 19 | 304 | -10 | 134 | 14 |
| 30 Jun 19 | 610 | 33 | 101 | 20 |
| 31 Mar 19 | 619 | 11 | 106 | 29 |
| 31 Dec 18 | 651 | 22 | 100 | 39 |
| 30 Sep 18 | 833 | 49 | 115 | 45 |
| 30 Jun 18 | 618 | 41 | 100 | 58 |
| 31 Mar 18 | 726 | 72 | 96 | 47 |
| 31 Dec 17 | 798 | 81 | 99 | 32 |
| 30 Sep 17 | 664 | 59 | 71 | 23 |
| 30 Jun 17 | 661 | 52 | 93 | 0 |
| 31 Mar 17 | 619 | 50 | 76 | 0 |
| 31 Dec 16 | 540 | 43 | 73 | 0 |
| 31 Dec 15 | 404 | 28 | 60 | 0 |
| 31 Dec 14 | 288 | 25 | 52 | 0 |
| 31 Dec 13 | 225 | 17 | 44 | 0 |
Quality Earnings: 300588 is currently unprofitable.
Growing Profit Margin: 300588 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300588 is unprofitable, and losses have increased over the past 5 years at a rate of 7.2% per year.
Accelerating Growth: Unable to compare 300588's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 300588 is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (-8.1%).
Return on Equity
High ROE: 300588 has a negative Return on Equity (-9.02%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 14:06 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Xinjiang Sailing Information Technology Co., Ltd. is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xianwen Ma | Changjiang Securities Co. LTD. |
| Zejing Liu | China Merchants Securities Co. Ltd. |
| Hongda Zheng | Haitong Securities Co., Ltd. |