Shenzhen Sinovatio Technology Past Earnings Performance
Past criteria checks 1/6
Shenzhen Sinovatio Technology's earnings have been declining at an average annual rate of -45%, while the Tech industry saw earnings growing at 13% annually. Revenues have been declining at an average rate of 11% per year. Shenzhen Sinovatio Technology's return on equity is 1%, and it has net margins of 3.3%.
Key information
-45.0%
Earnings growth rate
-45.0%
EPS growth rate
| Tech Industry Growth | 13.5% |
| Revenue growth rate | -11.0% |
| Return on equity | 1.0% |
| Net Margin | 3.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
We Like Shenzhen Sinovatio Technology's (SZSE:002912) Earnings For More Than Just Statutory Profit
Apr 29
Analysts Are More Bearish On Shenzhen Sinovatio Technology Co., Ltd. (SZSE:002912) Than They Used To Be
Mar 19Why Investors Shouldn't Be Surprised By Shenzhen Sinovatio Technology Co., Ltd.'s (SZSE:002912) P/S
Feb 28Revenue & Expenses BreakdownBeta
How Shenzhen Sinovatio 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 |
|---|---|---|---|---|
| 31 Mar 24 | 523 | 17 | 242 | 219 |
| 31 Dec 23 | 653 | 114 | 263 | 218 |
| 30 Sep 23 | 634 | 53 | 276 | 231 |
| 30 Jun 23 | 597 | 57 | 276 | 238 |
| 31 Mar 23 | 563 | -8 | 292 | 239 |
| 01 Jan 23 | 436 | -122 | 282 | 247 |
| 30 Sep 22 | 435 | 25 | 224 | 170 |
| 30 Jun 22 | 500 | -5 | 257 | 182 |
| 31 Mar 22 | 596 | -11 | 279 | 201 |
| 01 Jan 22 | 694 | 56 | 291 | 208 |
| 30 Sep 21 | 849 | 34 | 357 | 291 |
| 30 Jun 21 | 957 | 135 | 341 | 286 |
| 31 Mar 21 | 987 | 228 | 318 | 257 |
| 31 Dec 20 | 954 | 248 | 289 | 236 |
| 30 Sep 20 | 919 | 263 | 286 | 232 |
| 30 Jun 20 | 910 | 297 | 277 | 213 |
| 31 Mar 20 | 961 | 333 | 268 | 218 |
| 31 Dec 19 | 905 | 295 | 261 | 216 |
| 30 Sep 19 | 827 | 225 | 277 | 202 |
| 30 Jun 19 | 760 | 209 | 257 | 193 |
| 31 Mar 19 | 699 | 196 | 250 | 181 |
| 31 Dec 18 | 691 | 205 | 243 | 167 |
| 30 Sep 18 | 670 | 193 | 217 | 154 |
| 30 Jun 18 | 599 | 159 | 156 | 193 |
| 31 Mar 18 | 551 | 143 | 164 | 150 |
| 31 Dec 17 | 498 | 132 | 169 | 119 |
| 31 Dec 16 | 343 | 101 | 198 | 0 |
| 31 Dec 15 | 292 | 88 | 161 | 0 |
| 31 Dec 14 | 264 | 78 | 127 | 0 |
Quality Earnings: 002912 has a large one-off gain of CN¥34.6M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 002912 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002912's earnings have declined by 45% per year over the past 5 years.
Accelerating Growth: 002912 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 002912 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Tech industry (1.5%).
Return on Equity
High ROE: 002912's Return on Equity (1%) is considered low.