Shandong New Beiyang Information Technology Past Earnings Performance
Past criteria checks 2/6
Shandong New Beiyang Information Technology's earnings have been declining at an average annual rate of -51.5%, while the Tech industry saw earnings growing at 11.9% annually. Revenues have been declining at an average rate of 2.1% per year. Shandong New Beiyang Information Technology's return on equity is 3.7%, and it has net margins of 2.8%.
Key information
-51.5%
Earnings growth rate
-51.3%
EPS growth rate
| Tech Industry Growth | 13.5% |
| Revenue growth rate | -2.1% |
| Return on equity | 3.7% |
| Net Margin | 2.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
We Think That There Are Issues Underlying Shandong New Beiyang Information Technology's (SZSE:002376) Earnings
Nov 04
Shandong New Beiyang Information Technology (SZSE:002376) Is Posting Promising Earnings But The Good News Doesn’t Stop There
May 03Recent updates
We Think That There Are Issues Underlying Shandong New Beiyang Information Technology's (SZSE:002376) Earnings
Nov 04Shandong New Beiyang Information Technology Co., Ltd. (SZSE:002376) Surges 38% Yet Its Low P/S Is No Reason For Excitement
Oct 08Would Shandong New Beiyang Information Technology (SZSE:002376) Be Better Off With Less Debt?
Sep 30Shandong New Beiyang Information Technology (SZSE:002376) Is Posting Promising Earnings But The Good News Doesn’t Stop There
May 03Shandong New Beiyang Information Technology Co., Ltd.'s (SZSE:002376) Shares Bounce 29% But Its Business Still Trails The Industry
Mar 06Revenue & Expenses Breakdown
How Shandong New Beiyang Information 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 | 2,327 | 65 | 345 | 341 |
| 30 Jun 24 | 2,259 | 26 | 308 | 348 |
| 31 Mar 24 | 2,210 | 37 | 304 | 348 |
| 31 Dec 23 | 2,190 | 19 | 296 | 334 |
| 30 Sep 23 | 2,190 | -45 | 245 | 329 |
| 30 Jun 23 | 2,137 | -42 | 259 | 326 |
| 31 Mar 23 | 2,296 | -24 | 256 | 314 |
| 01 Jan 23 | 2,277 | -26 | 262 | 308 |
| 30 Sep 22 | 2,460 | 60 | 296 | 314 |
| 30 Jun 22 | 2,632 | 123 | 311 | 310 |
| 31 Mar 22 | 2,526 | 85 | 301 | 313 |
| 01 Jan 22 | 2,646 | 146 | 300 | 318 |
| 30 Sep 21 | 2,638 | 163 | 280 | 339 |
| 30 Jun 21 | 2,579 | 170 | 270 | 354 |
| 31 Mar 21 | 2,469 | 194 | 265 | 349 |
| 31 Dec 20 | 2,396 | 185 | 256 | 358 |
| 30 Sep 20 | 2,482 | 225 | 304 | 387 |
| 30 Jun 20 | 2,404 | 232 | 255 | 398 |
| 31 Mar 20 | 2,315 | 267 | 270 | 404 |
| 31 Dec 19 | 2,451 | 322 | 275 | 389 |
| 30 Sep 19 | 2,398 | 339 | 254 | 373 |
| 30 Jun 19 | 2,462 | 362 | 272 | 347 |
| 31 Mar 19 | 2,652 | 373 | 282 | 330 |
| 31 Dec 18 | 2,635 | 380 | 279 | 321 |
| 30 Sep 18 | 2,388 | 356 | 380 | 276 |
| 30 Jun 18 | 2,222 | 327 | 240 | 349 |
| 31 Mar 18 | 2,037 | 301 | 261 | 282 |
| 31 Dec 17 | 1,860 | 286 | 301 | 221 |
| 30 Sep 17 | 1,839 | 280 | 350 | 152 |
| 30 Jun 17 | 1,749 | 278 | 508 | 0 |
| 31 Mar 17 | 1,698 | 259 | 487 | 0 |
| 31 Dec 16 | 1,635 | 227 | 461 | 0 |
| 30 Sep 16 | 1,480 | 177 | 359 | 0 |
| 30 Jun 16 | 1,420 | 170 | 325 | 0 |
| 31 Mar 16 | 1,298 | 156 | 321 | 0 |
| 31 Dec 15 | 1,211 | 147 | 306 | 0 |
| 30 Sep 15 | 1,128 | 134 | 278 | 0 |
| 30 Jun 15 | 1,067 | 110 | 273 | 0 |
| 31 Mar 15 | 1,017 | 289 | 273 | 0 |
| 31 Dec 14 | 992 | 306 | 260 | 0 |
| 30 Sep 14 | 971 | 385 | 261 | 0 |
| 30 Jun 14 | 931 | 412 | 229 | 0 |
| 31 Mar 14 | 907 | 237 | 218 | 0 |
| 31 Dec 13 | 856 | 227 | 211 | 0 |
Quality Earnings: 002376 has high quality earnings.
Growing Profit Margin: 002376 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002376's earnings have declined by 51.5% per year over the past 5 years.
Accelerating Growth: 002376 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 002376 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Tech industry (6.8%).
Return on Equity
High ROE: 002376's Return on Equity (3.7%) is considered low.