Shenzhen Xunjiexing Technology Past Earnings Performance
Past criteria checks 0/6
Shenzhen Xunjiexing Technology's earnings have been declining at an average annual rate of -28.8%, while the Electronic industry saw earnings growing at 4.6% annually. Revenues have been declining at an average rate of 7.8% per year. Shenzhen Xunjiexing Technology's return on equity is 1.2%, and it has net margins of 1.8%.
Key information
-28.8%
Earnings growth rate
-35.2%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | -7.8% |
| Return on equity | 1.2% |
| Net Margin | 1.8% |
| Next Earnings Update | 30 Oct 2024 |
Recent past performance updates
Recent updates
Improved Revenues Required Before Shenzhen Xunjiexing Technology Corp. Ltd. (SHSE:688655) Shares Find Their Feet
Jul 04
Shenzhen Xunjiexing Technology's (SHSE:688655) Shareholders Have More To Worry About Than Only Soft Earnings
May 03Shenzhen Xunjiexing Technology Corp. Ltd.'s (SHSE:688655) Shares Bounce 27% But Its Business Still Trails The Industry
Mar 07Revenue & Expenses Breakdown
How Shenzhen Xunjiexing 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 Jun 24 | 475 | 9 | 49 | 35 |
| 31 Mar 24 | 459 | 6 | 49 | 34 |
| 31 Dec 23 | 464 | 13 | 48 | 32 |
| 30 Sep 23 | 451 | 14 | 49 | 30 |
| 30 Jun 23 | 439 | 35 | 45 | 29 |
| 31 Mar 23 | 448 | 50 | 44 | 29 |
| 31 Dec 22 | 445 | 47 | 42 | 30 |
| 30 Sep 22 | 455 | 50 | 43 | 30 |
| 30 Jun 22 | 501 | 49 | 41 | 34 |
| 31 Mar 22 | 544 | 53 | 39 | 36 |
| 31 Dec 21 | 564 | 64 | 42 | 37 |
| 30 Sep 21 | 574 | 77 | 42 | 38 |
| 30 Jun 21 | 535 | 69 | 45 | 35 |
| 31 Mar 21 | 499 | 64 | 47 | 31 |
| 31 Dec 20 | 448 | 56 | 45 | 28 |
| 31 Dec 19 | 388 | 35 | 44 | 29 |
| 31 Dec 18 | 376 | 32 | 41 | 28 |
Quality Earnings: 688655 has a large one-off gain of CN¥9.0M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: 688655's current net profit margins (1.8%) are lower than last year (8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688655's earnings have declined by 28.8% per year over the past 5 years.
Accelerating Growth: 688655's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688655 had negative earnings growth (-75.5%) over the past year, making it difficult to compare to the Electronic industry average (-3.7%).
Return on Equity
High ROE: 688655's Return on Equity (1.2%) is considered low.