China Fund Past Earnings Performance
Past criteria checks 2/6
China Fund's earnings have been declining at an average annual rate of -21.4%, while the Capital Markets industry saw earnings growing at 10.8% annually. Revenues have been declining at an average rate of 29.6% per year. China Fund's return on equity is 8.5%, and it has net margins of 416%.
Key information
-21.4%
Earnings growth rate
-23.9%
EPS growth rate
| Capital Markets Industry Growth | 15.2% |
| Revenue growth rate | -29.6% |
| Return on equity | 8.5% |
| Net Margin | 416.0% |
| Last Earnings Update | 31 Oct 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How China Fund 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 Oct 23 | 2 | 10 | 2 | 0 |
| 31 Jul 23 | 2 | 2 | 2 | 0 |
| 30 Apr 23 | 2 | -5 | 2 | 0 |
| 31 Jan 23 | 2 | -62 | 2 | 0 |
| 31 Oct 22 | 2 | -118 | 2 | 0 |
| 31 Jul 22 | 3 | -113 | 3 | 0 |
| 30 Apr 22 | 4 | -108 | 3 | 0 |
| 31 Jan 22 | 4 | -48 | 3 | 0 |
| 31 Oct 21 | 4 | 11 | 3 | 0 |
| 31 Jul 21 | 4 | 66 | 3 | 0 |
| 30 Apr 21 | 4 | 121 | 3 | 0 |
| 31 Jan 21 | 4 | 113 | 3 | 0 |
| 31 Oct 20 | 4 | 106 | 3 | 0 |
| 31 Jul 20 | 4 | 59 | 3 | 0 |
| 30 Apr 20 | 5 | 12 | 3 | 0 |
| 31 Jan 20 | 5 | 34 | 3 | 0 |
| 31 Oct 19 | 5 | 57 | 4 | 0 |
| 31 Jul 19 | 7 | 22 | 5 | 0 |
| 30 Apr 19 | 9 | -13 | 7 | 0 |
| 31 Jan 19 | 9 | -36 | 7 | 0 |
| 31 Oct 18 | 9 | -59 | 7 | 0 |
| 31 Jul 18 | 8 | 11 | 6 | 0 |
| 30 Apr 18 | 7 | 82 | 5 | 0 |
| 31 Jan 18 | 7 | 80 | 5 | 0 |
| 31 Oct 17 | 8 | 79 | 5 | 0 |
| 31 Jul 17 | 8 | 64 | 4 | 0 |
| 30 Apr 17 | 8 | 50 | 4 | 0 |
| 31 Jan 17 | 10 | 28 | 4 | 0 |
| 31 Oct 16 | 11 | 6 | 4 | 0 |
| 31 Jul 16 | 12 | -51 | 4 | 0 |
| 30 Apr 16 | 12 | -109 | 4 | 0 |
| 31 Jan 16 | 10 | -59 | 4 | 0 |
| 31 Oct 15 | 9 | -8 | 5 | 0 |
| 31 Jul 15 | 9 | 46 | 5 | 0 |
| 30 Apr 15 | 9 | 101 | 5 | 0 |
| 31 Jan 15 | 10 | 64 | 5 | 0 |
| 31 Oct 14 | 10 | 27 | 5 | 0 |
| 31 Jul 14 | 11 | 30 | 5 | 0 |
| 30 Apr 14 | 11 | 33 | 5 | 0 |
| 31 Jan 14 | 11 | 52 | 5 | 0 |
| 31 Oct 13 | 12 | 71 | 5 | 0 |
| 31 Jul 13 | 12 | 43 | 5 | 0 |
| 30 Apr 13 | 13 | 14 | 6 | 0 |
Quality Earnings: CHN has a large one-off gain of $9.9M impacting its last 12 months of financial results to 31st October, 2023.
Growing Profit Margin: CHN became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CHN has become profitable over the past 5 years, growing earnings by -21.4% per year.
Accelerating Growth: CHN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CHN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (-5.6%).
Return on Equity
High ROE: CHN's Return on Equity (8.5%) is considered low.