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 -32.4%, while the Electronic industry saw earnings growing at 3.9% annually. Revenues have been declining at an average rate of 1% per year. Shenzhen Xunjiexing Technology's return on equity is 0.6%, and it has net margins of 0.9%.
Key information
-32.4%
Earnings growth rate
-38.3%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | -1.0% |
| Return on equity | 0.6% |
| Net Margin | 0.9% |
| Next Earnings Update | 28 Nov 2024 |
Recent past performance updates
Recent updates
There's Reason For Concern Over Shenzhen Xunjiexing Technology Corp. Ltd.'s (SHSE:688655) Massive 40% Price Jump
Oct 09
Improved Revenues Required Before Shenzhen Xunjiexing Technology Corp. Ltd. (SHSE:688655) Shares Find Their Feet
Jul 04Shenzhen 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 Sep 24 | 474 | 4 | 48 | 34 |
| 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¥4.8M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 688655's current net profit margins (0.9%) are lower than last year (3.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688655's earnings have declined by 32.4% 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 (-69%) over the past year, making it difficult to compare to the Electronic industry average (1.8%).
Return on Equity
High ROE: 688655's Return on Equity (0.6%) is considered low.