Beijing Asiacom Information Technology Co.Ltd Past Earnings Performance
Past criteria checks 1/6
Beijing Asiacom Information TechnologyLtd's earnings have been declining at an average annual rate of -3.3%, while the Electronic industry saw earnings growing at 6.2% annually. Revenues have been growing at an average rate of 13.7% per year. Beijing Asiacom Information TechnologyLtd's return on equity is 7.1%, and it has net margins of 5.4%.
Key information
-3.3%
Earnings growth rate
-13.8%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | 13.7% |
| Return on equity | 7.1% |
| Net Margin | 5.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
We Believe That Beijing Asiacom Information Technology Co.Ltd's (SZSE:301085) Weak Earnings Are A Good Indicator Of Underlying Profitability
Apr 24
Beijing Asiacom Information Technology Co,.Ltd's (SZSE:301085) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
Apr 21Capital Allocation Trends At Beijing Asiacom Information Technology Co.Ltd (SZSE:301085) Aren't Ideal
Mar 24Beijing Asiacom Information Technology Co,.Ltd's (SZSE:301085) Share Price Could Signal Some Risk
Feb 29Revenue & Expenses BreakdownBeta
How Beijing Asiacom Information Technology Co.Ltd 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 | 1,477 | 80 | 99 | 27 |
| 31 Dec 23 | 1,532 | 78 | 99 | 29 |
| 30 Sep 23 | 1,794 | 89 | 84 | 33 |
| 30 Jun 23 | 1,634 | 82 | 73 | 32 |
| 31 Mar 23 | 1,593 | 84 | 67 | 30 |
| 01 Jan 23 | 1,459 | 81 | 66 | 27 |
| 30 Sep 22 | 1,403 | 75 | 62 | 21 |
| 30 Jun 22 | 1,401 | 73 | 63 | 16 |
| 31 Mar 22 | 1,206 | 64 | 60 | 13 |
| 01 Jan 22 | 1,176 | 71 | 59 | 11 |
| 30 Sep 21 | 1,132 | 89 | 52 | 10 |
| 30 Jun 21 | 1,120 | 93 | 52 | 10 |
| 31 Mar 21 | 1,180 | 98 | 53 | 10 |
| 31 Dec 20 | 1,212 | 99 | 52 | 10 |
| 30 Sep 20 | 1,474 | 98 | 103 | 17 |
| 31 Dec 19 | 1,348 | 76 | 63 | 10 |
| 31 Dec 18 | 1,092 | 56 | 43 | 7 |
| 31 Dec 17 | 790 | 14 | 54 | 6 |
Quality Earnings: 301085 has a high level of non-cash earnings.
Growing Profit Margin: 301085's current net profit margins (5.4%) are higher than last year (5.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301085's earnings have declined by 3.3% per year over the past 5 years.
Accelerating Growth: 301085's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301085 had negative earnings growth (-5.6%) over the past year, making it difficult to compare to the Electronic industry average (-7.9%).
Return on Equity
High ROE: 301085's Return on Equity (7.1%) is considered low.