Hangzhou Raycloud TechnologyLtd Past Earnings Performance
Past criteria checks 0/6
Hangzhou Raycloud TechnologyLtd's earnings have been declining at an average annual rate of -64.6%, while the Software industry saw earnings declining at 3.6% annually. Revenues have been declining at an average rate of 5.5% per year.
Key information
-64.6%
Earnings growth rate
-65.4%
EPS growth rate
| Software Industry Growth | 4.6% |
| Revenue growth rate | -5.5% |
| Return on equity | -1.6% |
| Net Margin | -3.3% |
| Next Earnings Update | 24 Aug 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Hangzhou Raycloud TechnologyLtd 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 | 477 | -16 | 249 | 117 |
| 31 Dec 23 | 475 | -18 | 249 | 120 |
| 30 Sep 23 | 480 | -148 | -44 | -34 |
| 30 Jun 23 | 481 | -135 | -28 | -27 |
| 31 Mar 23 | 480 | -165 | 275 | 141 |
| 31 Dec 22 | 494 | -179 | 292 | 155 |
| 30 Sep 22 | 519 | -141 | 20 | 13 |
| 30 Jun 22 | 530 | -114 | 11 | 19 |
| 31 Mar 22 | 542 | -84 | 15 | 10 |
| 31 Dec 21 | 545 | -60 | 0 | 0 |
| 30 Sep 21 | 542 | 5 | 258 | 140 |
| 30 Jun 21 | 541 | 35 | 232 | 126 |
| 31 Mar 21 | 533 | 71 | 198 | 118 |
| 31 Dec 20 | 510 | 94 | 167 | 107 |
| 30 Sep 20 | 492 | 93 | 156 | 104 |
| 30 Jun 20 | 476 | 97 | 146 | 98 |
| 31 Mar 20 | 462 | 97 | 137 | 91 |
| 31 Dec 19 | 465 | 96 | 136 | 89 |
| 30 Sep 19 | 462 | 98 | 122 | 91 |
| 31 Dec 18 | 465 | 107 | 93 | 85 |
| 31 Dec 17 | 358 | 99 | 69 | 52 |
| 31 Dec 16 | 262 | 22 | 84 | 36 |
Quality Earnings: 688365 is currently unprofitable.
Growing Profit Margin: 688365 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688365 is unprofitable, and losses have increased over the past 5 years at a rate of 64.6% per year.
Accelerating Growth: Unable to compare 688365's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 688365 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (0.5%).
Return on Equity
High ROE: 688365 has a negative Return on Equity (-1.6%), as it is currently unprofitable.