Grandshores Technology Group Past Earnings Performance
Past criteria checks 1/6
Grandshores Technology Group's earnings have been declining at an average annual rate of -46.3%, while the Construction industry saw earnings growing at 1.4% annually. Revenues have been growing at an average rate of 8.2% per year. Grandshores Technology Group's return on equity is 3.4%, and it has net margins of 2.6%.
Key information
-46.3%
Earnings growth rate
-45.9%
EPS growth rate
| Construction Industry Growth | -2.8% |
| Revenue growth rate | 8.2% |
| Return on equity | 3.4% |
| Net Margin | 2.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Investors Appear Satisfied With Grandshores Technology Group Limited's (HKG:1647) Prospects As Shares Rocket 28%
Feb 16
Grandshores Technology Group Limited's (HKG:1647) 26% Jump Shows Its Popularity With Investors
Dec 20There's Reason For Concern Over Grandshores Technology Group Limited's (HKG:1647) Price
Aug 07Grandshores Technology Group (HKG:1647) Will Be Hoping To Turn Its Returns On Capital Around
Dec 30Robust Earnings May Not Tell The Whole Story For Grandshores Technology Group (HKG:1647)
Aug 06Revenue & Expenses Breakdown
How Grandshores Technology Group 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 | 85 | 2 | 16 | 0 |
| 31 Dec 23 | 74 | -2 | 15 | 0 |
| 30 Sep 23 | 64 | -6 | 15 | 0 |
| 30 Jun 23 | 61 | -6 | 14 | 0 |
| 31 Mar 23 | 58 | -6 | 13 | 0 |
| 31 Dec 22 | 53 | -5 | 12 | 0 |
| 30 Sep 22 | 49 | -4 | 11 | 0 |
| 30 Jun 22 | 47 | -2 | 10 | 0 |
| 31 Mar 22 | 45 | -1 | 10 | 0 |
| 31 Dec 21 | 47 | 2 | 11 | 0 |
| 30 Sep 21 | 50 | 5 | 13 | 0 |
| 30 Jun 21 | 50 | 5 | 13 | 0 |
| 31 Mar 21 | 49 | 5 | 12 | 0 |
| 31 Dec 20 | 47 | 3 | 12 | 0 |
| 30 Sep 20 | 44 | 0 | 11 | 0 |
| 30 Jun 20 | 45 | 0 | 13 | 0 |
| 31 Mar 20 | 47 | -1 | 14 | 0 |
| 31 Dec 19 | 48 | 0 | 14 | 0 |
| 30 Sep 19 | 50 | 2 | 14 | 0 |
| 30 Jun 19 | 52 | 3 | 13 | 0 |
| 31 Mar 19 | 53 | 5 | 13 | 0 |
| 31 Dec 18 | 53 | 5 | 12 | 0 |
| 30 Sep 18 | 54 | 5 | 12 | 0 |
| 30 Jun 18 | 55 | 4 | 11 | 0 |
| 31 Mar 18 | 57 | 3 | 11 | 0 |
| 31 Dec 17 | 55 | 4 | 11 | 0 |
| 30 Sep 17 | 53 | 4 | 11 | 0 |
| 30 Jun 17 | 50 | 4 | 10 | 0 |
| 31 Mar 17 | 47 | 5 | 10 | 0 |
| 31 Dec 16 | 44 | 5 | 8 | 0 |
| 30 Sep 16 | 42 | 6 | 7 | 0 |
| 30 Jun 16 | 41 | 6 | 7 | 0 |
| 31 Mar 16 | 41 | 6 | 7 | 0 |
| 31 Mar 15 | 35 | 5 | 6 | 0 |
| 31 Mar 14 | 35 | 5 | 5 | 0 |
Quality Earnings: 1647 has a high level of non-cash earnings.
Growing Profit Margin: 1647 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1647's earnings have declined by 46.3% per year over the past 5 years.
Accelerating Growth: 1647 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 1647 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (2.2%).
Return on Equity
High ROE: 1647's Return on Equity (3.4%) is considered low.