ChinaEtek Service & Technology Past Earnings Performance
Past criteria checks 1/6
ChinaEtek Service & Technology has been growing earnings at an average annual rate of 12.3%, while the IT industry saw earnings growing at 3.8% annually. Revenues have been growing at an average rate of 2.2% per year. ChinaEtek Service & Technology's return on equity is 9%, and it has net margins of 9.6%.
Key information
12.3%
Earnings growth rate
5.8%
EPS growth rate
| IT Industry Growth | 7.5% |
| Revenue growth rate | 2.2% |
| Return on equity | 9.0% |
| Net Margin | 9.6% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Some Investors May Be Worried About ChinaEtek Service & Technology's (SZSE:301208) Returns On Capital
Aug 02
ChinaEtek Service & Technology Co., Ltd. (SZSE:301208) Not Doing Enough For Some Investors As Its Shares Slump 29%
Apr 21Here's What's Concerning About ChinaEtek Service & Technology's (SZSE:301208) Returns On Capital
Apr 17Revenue & Expenses Breakdown
How ChinaEtek Service & 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 Jun 24 | 1,390 | 134 | 159 | 49 |
| 31 Mar 24 | 1,366 | 139 | 157 | 49 |
| 31 Dec 23 | 1,401 | 146 | 160 | 47 |
| 30 Sep 23 | 1,416 | 149 | 178 | 49 |
| 30 Jun 23 | 1,360 | 149 | 174 | 47 |
| 31 Mar 23 | 1,286 | 144 | 168 | 45 |
| 01 Jan 23 | 1,325 | 142 | 169 | 44 |
| 30 Sep 22 | 1,206 | 130 | 162 | 42 |
| 30 Jun 22 | 1,106 | 124 | 152 | 40 |
| 31 Mar 22 | 1,170 | 125 | 149 | 38 |
| 01 Jan 22 | 1,183 | 122 | 148 | 38 |
| 31 Dec 20 | 820 | 86 | 119 | 33 |
| 31 Dec 19 | 812 | 77 | 110 | 33 |
| 31 Dec 18 | 707 | 54 | 105 | 33 |
| 31 Dec 17 | 653 | 25 | 97 | 26 |
| 31 Dec 14 | 301 | 30 | 65 | 0 |
| 31 Dec 13 | 217 | 25 | 54 | 0 |
Quality Earnings: 301208 has a high level of non-cash earnings.
Growing Profit Margin: 301208's current net profit margins (9.6%) are lower than last year (11%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301208's earnings have grown by 12.3% per year over the past 5 years.
Accelerating Growth: 301208's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301208 had negative earnings growth (-10.3%) over the past year, making it difficult to compare to the IT industry average (-6.5%).
Return on Equity
High ROE: 301208's Return on Equity (9%) is considered low.