Hangzhou Raycloud TechnologyLtd Past Earnings Performance
Past criteria checks 2/6
Hangzhou Raycloud TechnologyLtd's earnings have been declining at an average annual rate of -49.2%, while the Software industry saw earnings growing at 1.1% annually. Revenues have been declining at an average rate of 0.3% per year. Hangzhou Raycloud TechnologyLtd's return on equity is 1.4%, and it has net margins of 3.7%.
Key information
-49.2%
Earnings growth rate
-50.3%
EPS growth rate
| Software Industry Growth | 4.6% |
| Revenue growth rate | -0.3% |
| Return on equity | 1.4% |
| Net Margin | 3.7% |
| Last Earnings Update | 30 Sep 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 |
|---|---|---|---|---|
| 30 Sep 24 | 476 | 18 | 263 | 112 |
| 30 Jun 24 | 477 | -8 | 255 | 112 |
| 31 Mar 24 | 477 | -16 | 249 | 117 |
| 31 Dec 23 | 475 | -18 | 249 | 120 |
| 30 Sep 23 | 476 | -159 | 248 | 122 |
| 30 Jun 23 | 477 | -146 | 265 | 128 |
| 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 has a large one-off loss of CN¥26.4M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 688365 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688365 has become profitable over the past 5 years, growing earnings by -49.2% per year.
Accelerating Growth: 688365 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 688365 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (-11.2%).
Return on Equity
High ROE: 688365's Return on Equity (1.4%) is considered low.