Shanghai Longcheer Technology Past Earnings Performance
Past criteria checks 1/6
Shanghai Longcheer Technology has been growing earnings at an average annual rate of 11.9%, while the Tech industry saw earnings growing at 11.9% annually. Revenues have been growing at an average rate of 20.6% per year. Shanghai Longcheer Technology's return on equity is 9.5%, and it has net margins of 1.2%.
Key information
11.9%
Earnings growth rate
8.5%
EPS growth rate
| Tech Industry Growth | 13.5% |
| Revenue growth rate | 20.6% |
| Return on equity | 9.5% |
| Net Margin | 1.2% |
| Last Earnings Update | 30 Sep 2024 |
Revenue & Expenses Breakdown
How Shanghai Longcheer 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 | 44,756 | 529 | 542 | 1,987 |
| 30 Jun 24 | 38,666 | 610 | 536 | 1,843 |
| 31 Mar 24 | 33,336 | 648 | 522 | 1,790 |
| 31 Dec 23 | 27,185 | 605 | 493 | 1,674 |
| 30 Sep 23 | 23,740 | 666 | 465 | 1,575 |
| 30 Jun 23 | 24,860 | 648 | 646 | 2,253 |
| 31 Mar 23 | 25,887 | 523 | 527 | 1,850 |
| 31 Dec 22 | 29,343 | 561 | 430 | 1,487 |
| 31 Dec 21 | 24,596 | 547 | 341 | 1,059 |
| 31 Dec 20 | 16,421 | 298 | 285 | 825 |
| 31 Dec 16 | 8,345 | 140 | 423 | 0 |
| 31 Dec 15 | 8,157 | 169 | 418 | 0 |
| 31 Dec 14 | 6,894 | 169 | 334 | 0 |
| 31 Dec 13 | 5,365 | 91 | 362 | 0 |
Quality Earnings: 603341 has a large one-off gain of CN¥100.4M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 603341's current net profit margins (1.2%) are lower than last year (2.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603341's earnings have grown by 11.9% per year over the past 5 years.
Accelerating Growth: 603341's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603341 had negative earnings growth (-20.6%) over the past year, making it difficult to compare to the Tech industry average (6.8%).
Return on Equity
High ROE: 603341's Return on Equity (9.5%) is considered low.