ECIT Past Earnings Performance
Past criteria checks 2/6
ECIT has been growing earnings at an average annual rate of 21.9%, while the IT industry saw earnings growing at 12.5% annually. Revenues have been growing at an average rate of 19.7% per year. ECIT's return on equity is 8.4%, and it has net margins of 2.8%.
Key information
21.9%
Earnings growth rate
16.6%
EPS growth rate
| IT Industry Growth | 14.0% |
| Revenue growth rate | 19.7% |
| Return on equity | 8.4% |
| Net Margin | 2.8% |
| Next Earnings Update | 22 Aug 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How ECIT 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 | 3,575 | 99 | 2,150 | 0 |
| 31 Dec 23 | 3,438 | 110 | 2,070 | 0 |
| 30 Sep 23 | 3,297 | 109 | 1,966 | 0 |
| 30 Jun 23 | 3,175 | 116 | 1,884 | 0 |
| 31 Mar 23 | 3,003 | 116 | 1,778 | 0 |
| 31 Dec 22 | 2,826 | 105 | 1,677 | 0 |
| 30 Sep 22 | 2,617 | 84 | 1,591 | 0 |
| 30 Jun 22 | 2,530 | 73 | 1,534 | 0 |
| 31 Mar 22 | 2,449 | 55 | 1,479 | 0 |
| 31 Dec 21 | 2,318 | 49 | 1,384 | 0 |
| 30 Sep 21 | 2,265 | 34 | 1,213 | 0 |
| 30 Jun 21 | 2,119 | 72 | 1,152 | 0 |
| 31 Mar 21 | 1,939 | 86 | 1,079 | 0 |
| 31 Dec 20 | 1,829 | 66 | 1,040 | 0 |
| 31 Dec 19 | 1,346 | 41 | 678 | 0 |
| 31 Dec 18 | 1,067 | 53 | 577 | 0 |
Quality Earnings: 3CZ has high quality earnings.
Growing Profit Margin: 3CZ's current net profit margins (2.8%) are lower than last year (3.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 3CZ's earnings have grown significantly by 21.9% per year over the past 5 years.
Accelerating Growth: 3CZ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 3CZ had negative earnings growth (-14.7%) over the past year, making it difficult to compare to the IT industry average (-2.7%).
Return on Equity
High ROE: 3CZ's Return on Equity (8.4%) is considered low.