COSCO SHIPPING Technology Past Earnings Performance
Past criteria checks 1/6
COSCO SHIPPING Technology has been growing earnings at an average annual rate of 6.8%, while the IT industry saw earnings growing at 2.5% annually. Revenues have been growing at an average rate of 7.7% per year. COSCO SHIPPING Technology's return on equity is 8.6%, and it has net margins of 8.7%.
Key information
6.8%
Earnings growth rate
6.5%
EPS growth rate
| IT Industry Growth | 7.5% |
| Revenue growth rate | 7.7% |
| Return on equity | 8.6% |
| Net Margin | 8.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How COSCO SHIPPING 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 | 1,681 | 146 | 114 | 111 |
| 30 Jun 24 | 1,787 | 188 | 110 | 110 |
| 31 Mar 24 | 1,784 | 190 | 108 | 101 |
| 31 Dec 23 | 1,776 | 189 | 113 | 93 |
| 30 Sep 23 | 1,768 | 205 | 144 | 76 |
| 30 Jun 23 | 1,767 | 188 | 148 | 68 |
| 31 Mar 23 | 1,764 | 186 | 145 | 64 |
| 01 Jan 23 | 1,752 | 182 | 140 | 59 |
| 30 Sep 22 | 1,824 | 188 | 127 | 56 |
| 30 Jun 22 | 1,753 | 173 | 126 | 61 |
| 31 Mar 22 | 1,730 | 165 | 129 | 69 |
| 01 Jan 22 | 1,707 | 157 | 132 | 70 |
| 30 Sep 21 | 1,719 | 164 | 108 | 67 |
| 30 Jun 21 | 1,737 | 153 | 114 | 58 |
| 31 Mar 21 | 1,658 | 152 | 110 | 47 |
| 31 Dec 20 | 1,521 | 193 | 112 | 44 |
| 30 Sep 20 | 1,409 | 183 | 115 | 45 |
| 30 Jun 20 | 1,267 | 177 | 114 | 47 |
| 31 Mar 20 | 1,195 | 153 | 117 | 51 |
| 31 Dec 19 | 1,204 | 97 | 116 | 53 |
| 30 Sep 19 | 1,063 | 86 | 112 | 44 |
| 30 Jun 19 | 1,011 | 85 | 109 | 40 |
| 31 Mar 19 | 1,002 | 85 | 103 | 36 |
| 31 Dec 18 | 980 | 83 | 96 | 33 |
| 30 Sep 18 | 993 | 80 | 95 | 25 |
| 30 Jun 18 | 994 | 85 | 81 | 37 |
| 31 Mar 18 | 944 | 83 | 81 | 33 |
| 01 Jan 18 | 917 | 76 | 85 | 29 |
| 30 Sep 17 | 1,025 | 78 | 117 | 17 |
| 30 Jun 17 | 955 | 67 | 123 | 0 |
| 31 Mar 17 | 911 | 61 | 121 | 0 |
| 31 Dec 16 | 868 | 60 | 113 | 0 |
| 30 Sep 16 | 676 | 55 | 82 | 0 |
| 30 Jun 16 | 695 | 56 | 77 | 0 |
| 31 Mar 16 | 686 | 55 | 73 | 0 |
| 31 Dec 15 | 651 | 55 | 71 | 0 |
| 30 Sep 15 | 629 | 55 | 61 | 0 |
| 30 Jun 15 | 603 | 52 | 65 | 0 |
| 31 Mar 15 | 639 | 53 | 71 | 0 |
| 31 Dec 14 | 656 | 52 | 69 | 0 |
| 30 Sep 14 | 603 | 53 | 58 | 0 |
| 30 Jun 14 | 605 | 50 | 53 | 0 |
| 31 Mar 14 | 597 | 49 | 44 | 0 |
| 31 Dec 13 | 550 | 47 | 43 | 0 |
Quality Earnings: 002401 has a high level of non-cash earnings.
Growing Profit Margin: 002401's current net profit margins (8.7%) are lower than last year (11.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002401's earnings have grown by 6.8% per year over the past 5 years.
Accelerating Growth: 002401's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002401 had negative earnings growth (-29.1%) over the past year, making it difficult to compare to the IT industry average (-8.1%).
Return on Equity
High ROE: 002401's Return on Equity (8.6%) is considered low.