GCL Technology Holdings Past Earnings Performance

Past criteria checks 0/6

GCL Technology Holdings has been growing earnings at an average annual rate of 37.5%, while the Semiconductor industry saw earnings growing at 37.4% annually. Revenues have been growing at an average rate of 15.9% per year.

Key information

37.5%

Earnings growth rate

38.1%

EPS growth rate

Semiconductor Industry Growth	30.6%
Revenue growth rate	15.9%
Return on equity	-10.6%
Net Margin	-20.8%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How GCL Technology Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:3GY Revenue, expenses and earnings (CNY Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	21,617	-4,488	2,082
31 Mar 24	27,659	-989	2,299
31 Dec 23	33,700	2,510	2,516
30 Jun 23	42,101	14,593	1,993
31 Mar 23	39,016	15,493	1,770
31 Dec 22	35,930	16,394	1,548
30 Jun 22	22,840	10,534	1,510
31 Mar 22	19,854	8,078	1,494
31 Dec 21	16,868	5,622	1,478
30 Sep 21	18,010	1,909	1,925
30 Jun 21	16,297	-1,265	1,715
31 Mar 21	15,484	-3,467	1,835
31 Dec 20	14,671	-5,668	1,955
30 Sep 20	15,548	-3,432	2,014
30 Jun 20	16,425	-1,196	2,072
31 Mar 20	17,837	-696	2,149
31 Dec 19	19,250	-197	2,225
30 Sep 19	19,393	-1,135	2,262
30 Jun 19	19,536	-2,073	2,300
31 Mar 19	20,051	-1,383	2,092
31 Dec 18	20,565	-693	1,885
30 Sep 18	21,997	210	2,030
30 Jun 18	23,429	1,112	2,158
31 Mar 18	23,612	1,519	2,233
31 Dec 17	23,794	1,926	2,308
30 Jun 17	21,005	1,920	1,912
31 Mar 17	21,515	2,010	1,916
31 Dec 16	22,025	2,099	1,920
30 Jun 16	22,680	2,930	1,708
31 Mar 16	21,582	2,534	1,636
31 Dec 15	20,484	2,139	1,565
30 Jun 15	17,970	1,277	1,355
31 Mar 15	19,748	1,345	1,430
31 Dec 14	21,523	1,412	1,505
30 Sep 14	27,145	1,229	1,870
30 Jun 14	25,236	925	1,722
31 Mar 14	22,834	196	1,593
31 Dec 13	19,933	-519	1,427

Quality Earnings: 3GY is currently unprofitable.

Growing Profit Margin: 3GY is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 3GY is unprofitable, but has reduced losses over the past 5 years at a rate of 37.5% per year.

Accelerating Growth: Unable to compare 3GY's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 3GY is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-9%).

Return on Equity

High ROE: 3GY has a negative Return on Equity (-10.65%), as it is currently unprofitable.

GCL Technology Holdings Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

First half 2024 earnings released: CN¥0.056 loss per share (vs CN¥0.21 profit in 1H 2023)

GCL Technology Holdings Limited to Report First Half, 2024 Results on Aug 29, 2024

Full year 2023 earnings released: EPS: CN¥0.095 (vs CN¥0.61 in FY 2022)

Full year 2023 earnings released: EPS: CN¥0.095 (vs CN¥0.64 in FY 2022)

First half 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.26 in 1H 2022)

GCL Technology Holdings Limited to Report First Half, 2023 Results on Aug 29, 2023

Recent updates

Executive President recently sold €644k worth of stock

GCL Technology Holdings Limited Appoints Li Junfeng as an Independent Non-Executive Director, A Member of the Corporate Governance Committee, A Member of the Strategy & Investment Committee and A Member of the Environmental, Social and Governance Committee, Effective from 1 November 2024

Gcl Technology Holdings Limited Appoints Mr. Lan Tianshi as Member of Environmental, Social and Governance Committee

New major risk - Share price stability

First half 2024 earnings released: CN¥0.056 loss per share (vs CN¥0.21 profit in 1H 2023)

GCL Technology Holdings Limited to Report First Half, 2024 Results on Aug 29, 2024

GCL Technology Holdings Limited Provides Group Earnings Guidance for the Six Months Ended 30 June 2024

New major risk - Share price stability

GCL Technology Holdings Limited, Annual General Meeting, May 31, 2024

Full year 2023 earnings released: EPS: CN¥0.095 (vs CN¥0.61 in FY 2022)

New minor risk - Profit margin trend

Full year 2023 earnings released: EPS: CN¥0.095 (vs CN¥0.64 in FY 2022)

New major risk - Share price stability

GCL Technology Holdings Limited Announces 100,000-Tonne Granular Silicon Project of Inner Mongolia Xinhuan Silicon Energy Technology Co., Ltd. Officially Put into Production

New major risk - Earnings quality

First half 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.26 in 1H 2022)

GCL Technology Holdings Limited to Report First Half, 2023 Results on Aug 29, 2023

Now 20% undervalued after recent price drop

Upcoming dividend of HK$0.06 per share at 3.2% yield

Full year 2022 earnings released: EPS: CN¥0.61 (vs CN¥0.21 in FY 2021)

Now 21% undervalued after recent price drop

GCL Technology Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended 31 December 2022

Now 21% undervalued after recent price drop

Less than half of directors are independent

GCL Technology Holdings Announces Appointment of Zhu Yufeng as Vice Chairman

First half 2022 earnings released: EPS: CN¥25.80 (vs CN¥0.099 in 1H 2021)

GCL Technology Holdings Limited Announces Resignation of Zheng Xiongjiu as an Executive Director

GCL Technology Holdings Limited to Report First Half, 2022 Results on Aug 30, 2022

GCL Technology Holdings Limited announced that it expects to receive HKD 313.95 million in funding

GCL Technology Holdings Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022

GCL Technology Holdings Limited Announces Resignation of Wong Man Chung as Independent Non-Executive Director, Member of the Audit Committee and Member of the Strategy and Investment Committee

GCL Technology Holdings Limited Announces Establishment of Environmental, Social and Governance Committee and Appointment of Committee Members

Full year 2021 earnings released: EPS: CN¥0.21 (vs CN¥0.28 loss in FY 2020)

Less than half of directors are independent

Full year 2021 earnings released: EPS: CN¥0.21 (vs CN¥0.28 loss in FY 2020)

GCL-Poly Energy Holdings Limited Announces Management Changes

GCL-Poly Energy Holdings Limited Provides Group Earnings Forecast for the Year Ended 31 December 2021

Forecast breakeven date pushed back to 2022

First half 2021 earnings released: EPS CN¥0.099 (vs CN¥0.10 loss in 1H 2020)

Forecast to breakeven in 2021

Insufficient new directors

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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