Shenzhen Neoway TechnologyLtd Past Earnings Performance
Past criteria checks 2/6
Shenzhen Neoway TechnologyLtd's earnings have been declining at an average annual rate of -23.6%, while the Communications industry saw earnings growing at 15.4% annually. Revenues have been growing at an average rate of 16.4% per year. Shenzhen Neoway TechnologyLtd's return on equity is 4.4%, and it has net margins of 2.5%.
Key information
-23.6%
Earnings growth rate
-26.5%
EPS growth rate
| Communications Industry Growth | 12.8% |
| Revenue growth rate | 16.4% |
| Return on equity | 4.4% |
| Net Margin | 2.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Shenzhen Neoway 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 | 1,606 | 40 | 99 | 91 |
| 31 Dec 23 | 932 | -38 | 96 | 86 |
| 30 Sep 23 | 966 | -76 | 118 | 86 |
| 30 Jun 23 | 908 | -87 | 119 | 85 |
| 31 Mar 23 | 881 | -70 | 124 | 79 |
| 31 Dec 22 | 840 | -57 | 117 | 77 |
| 30 Sep 22 | 922 | -27 | 100 | 75 |
| 30 Jun 22 | 963 | -11 | 103 | 65 |
| 31 Mar 22 | 1,040 | 5 | 93 | 71 |
| 31 Dec 21 | 1,025 | -13 | 97 | 76 |
| 30 Sep 21 | 826 | -44 | 93 | 76 |
| 30 Jun 21 | 707 | -66 | 91 | 91 |
| 31 Mar 21 | 590 | -89 | 91 | 92 |
| 31 Dec 20 | 574 | -75 | 91 | 87 |
| 30 Sep 20 | 702 | -16 | 92 | 86 |
| 30 Jun 20 | 721 | 8 | 83 | 76 |
| 31 Mar 20 | 736 | 29 | 74 | 67 |
| 31 Dec 19 | 782 | 55 | 70 | 62 |
| 31 Dec 18 | 557 | 43 | 52 | 41 |
| 31 Dec 17 | 499 | 53 | 58 | 0 |
| 30 Sep 17 | 430 | 36 | 51 | 0 |
| 30 Jun 17 | 360 | 18 | 45 | 0 |
| 31 Mar 17 | 344 | 20 | 43 | 0 |
| 31 Dec 16 | 328 | 22 | 40 | 0 |
| 30 Sep 16 | 310 | 24 | 38 | 0 |
| 30 Jun 16 | 291 | 27 | 36 | 0 |
| 31 Mar 16 | 219 | 20 | 32 | 0 |
| 31 Dec 15 | 147 | 13 | 27 | 0 |
| 31 Dec 14 | 119 | 8 | 22 | 0 |
Quality Earnings: 688159 has a high level of non-cash earnings.
Growing Profit Margin: 688159 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688159 has become profitable over the past 5 years, growing earnings by -23.6% per year.
Accelerating Growth: 688159 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 688159 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Communications industry (-19.3%).
Return on Equity
High ROE: 688159's Return on Equity (4.4%) is considered low.