Netac Technology Past Earnings Performance
Past criteria checks 0/6
Netac Technology's earnings have been declining at an average annual rate of -47.2%, while the Tech industry saw earnings growing at 11.9% annually. Revenues have been declining at an average rate of 3.8% per year.
Key information
-47.2%
Earnings growth rate
-47.2%
EPS growth rate
| Tech Industry Growth | 13.5% |
| Revenue growth rate | -3.8% |
| Return on equity | -7.7% |
| Net Margin | -11.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Netac Technology Co., Ltd.'s (SZSE:300042) Popularity With Investors Under Threat As Stock Sinks 26%
Sep 15
Take Care Before Jumping Onto Netac Technology Co., Ltd. (SZSE:300042) Even Though It's 26% Cheaper
Jul 12Netac Technology Co., Ltd. (SZSE:300042) Stocks Pounded By 28% But Not Lagging Industry On Growth Or Pricing
Apr 15Netac Technology Co., Ltd.'s (SZSE:300042) P/S Still Appears To Be Reasonable
Feb 27Revenue & Expenses Breakdown
How Netac 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 | 642 | -75 | 142 | 11 |
| 30 Jun 24 | 797 | -54 | 139 | 12 |
| 31 Mar 24 | 967 | -55 | 140 | 14 |
| 31 Dec 23 | 1,088 | -44 | 133 | 18 |
| 30 Sep 23 | 1,525 | -14 | 104 | 54 |
| 30 Jun 23 | 1,683 | 20 | 98 | 53 |
| 31 Mar 23 | 1,697 | 61 | 86 | 49 |
| 01 Jan 23 | 1,772 | 62 | 84 | 45 |
| 30 Sep 22 | 1,819 | 43 | 86 | 32 |
| 30 Jun 22 | 1,790 | 48 | 87 | 35 |
| 31 Mar 22 | 1,833 | 53 | 87 | 36 |
| 01 Jan 22 | 1,913 | 69 | 89 | 36 |
| 30 Sep 21 | 1,892 | 80 | 75 | 30 |
| 30 Jun 21 | 1,821 | 66 | 88 | 27 |
| 31 Mar 21 | 1,710 | 82 | 92 | 31 |
| 31 Dec 20 | 1,491 | 71 | 88 | 31 |
| 30 Sep 20 | 1,343 | 77 | 94 | 33 |
| 30 Jun 20 | 1,318 | 87 | 72 | 33 |
| 31 Mar 20 | 1,263 | 70 | 64 | 27 |
| 31 Dec 19 | 1,194 | 72 | 57 | 27 |
| 30 Sep 19 | 1,101 | 73 | 53 | 25 |
| 30 Jun 19 | 1,025 | 70 | 48 | 23 |
| 31 Mar 19 | 970 | 65 | 47 | 22 |
| 31 Dec 18 | 967 | 64 | 45 | 21 |
| 30 Sep 18 | 894 | 62 | 43 | 23 |
| 30 Jun 18 | 846 | 61 | 34 | 29 |
| 31 Mar 18 | 931 | 56 | 36 | 25 |
| 31 Dec 17 | 929 | 56 | 37 | 21 |
| 30 Sep 17 | 932 | 48 | 45 | 10 |
| 30 Jun 17 | 858 | 47 | 56 | 0 |
| 31 Mar 17 | 699 | 47 | 53 | 0 |
| 31 Dec 16 | 591 | 44 | 54 | 0 |
| 30 Sep 16 | 482 | 39 | 53 | 0 |
| 30 Jun 16 | 441 | 34 | 48 | 0 |
| 31 Mar 16 | 408 | 31 | 47 | 0 |
| 31 Dec 15 | 404 | 24 | 46 | 0 |
| 30 Sep 15 | 393 | 18 | 47 | 0 |
| 30 Jun 15 | 319 | 17 | 44 | 0 |
| 31 Mar 15 | 271 | 17 | 42 | 0 |
| 31 Dec 14 | 211 | 20 | 42 | 0 |
| 30 Sep 14 | 189 | 18 | 38 | 0 |
| 30 Jun 14 | 198 | 12 | 45 | 0 |
| 31 Mar 14 | 215 | 11 | 46 | 0 |
| 31 Dec 13 | 231 | 6 | 49 | 0 |
Quality Earnings: 300042 is currently unprofitable.
Growing Profit Margin: 300042 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300042 is unprofitable, and losses have increased over the past 5 years at a rate of 47.2% per year.
Accelerating Growth: Unable to compare 300042's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 300042 is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (6.8%).
Return on Equity
High ROE: 300042 has a negative Return on Equity (-7.7%), as it is currently unprofitable.