Asia Tele-Net and Technology Past Earnings Performance
Past criteria checks 2/6
Asia Tele-Net and Technology's earnings have been declining at an average annual rate of -32%, while the Machinery industry saw earnings growing at 9.1% annually. Revenues have been growing at an average rate of 1.6% per year. Asia Tele-Net and Technology's return on equity is 20.7%, and it has net margins of 77.3%.
Key information
-32.0%
Earnings growth rate
-31.2%
EPS growth rate
| Machinery Industry Growth | 7.7% |
| Revenue growth rate | 1.6% |
| Return on equity | 20.7% |
| Net Margin | 77.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Asia Tele-Net and Technology (HKG:679) Seems To Use Debt Rather Sparingly
Sep 01
Asia Tele-Net and Technology (HKG:679) Is Due To Pay A Dividend Of HK$0.02
Jun 21Asia Tele-Net and Technology (HKG:679) Is Paying Out A Dividend Of HK$0.02
Apr 04Asia Tele-Net and Technology (HKG:679) Will Pay A Dividend Of HK$0.01
Sep 02Asia Tele-Net and Technology (HKG:679) Will Pay A Dividend Of HK$0.02
Jun 24Asia Tele-Net and Technology (HKG:679) Has Affirmed Its Dividend Of HK$0.02
May 12Asia Tele-Net and Technology (HKG:679) Has Announced A Dividend Of HK$0.02
Apr 28Asia Tele-Net and Technology (HKG:679) Has Announced A Dividend Of HK$0.02
Apr 04Why Asia Tele-Net and Technology Corporation Limited (HKG:679) Should Be In Your Dividend Portfolio
Apr 28Here's Why We Don't Think Asia Tele-Net and Technology's (HKG:679) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 10Revenue & Expenses BreakdownBeta
How Asia Tele-Net and Technology 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 Dec 23 | 393 | 304 | 112 | 0 |
| 30 Sep 23 | 373 | 184 | 114 | 0 |
| 30 Jun 23 | 353 | 64 | 116 | 0 |
| 31 Mar 23 | 336 | 16 | 118 | 0 |
| 31 Dec 22 | 320 | -33 | 119 | 0 |
| 30 Sep 22 | 339 | -471 | 92 | 0 |
| 30 Jun 22 | 358 | -910 | 66 | 0 |
| 31 Mar 22 | 362 | -874 | 68 | 0 |
| 31 Dec 21 | 365 | -839 | 70 | 0 |
| 30 Sep 21 | 381 | -350 | 97 | 0 |
| 30 Jun 21 | 398 | 139 | 124 | 0 |
| 31 Mar 21 | 367 | 139 | 124 | 0 |
| 31 Dec 20 | 335 | 139 | 124 | 0 |
| 30 Sep 20 | 297 | 362 | 128 | 0 |
| 30 Jun 20 | 258 | 586 | 132 | 0 |
| 31 Mar 20 | 308 | 600 | 136 | 0 |
| 31 Dec 19 | 358 | 614 | 140 | 0 |
| 30 Sep 19 | 358 | 370 | 130 | 0 |
| 30 Jun 19 | 359 | 125 | 119 | 0 |
| 31 Mar 19 | 351 | 105 | 121 | 0 |
| 31 Dec 18 | 343 | 85 | 123 | 0 |
| 30 Sep 18 | 416 | 119 | 126 | 0 |
| 30 Jun 18 | 489 | 154 | 129 | 0 |
| 31 Mar 18 | 645 | 182 | 127 | 0 |
| 31 Dec 17 | 801 | 209 | 125 | 0 |
| 30 Sep 17 | 800 | 547 | 138 | 0 |
| 30 Jun 17 | 799 | 884 | 152 | 0 |
| 31 Mar 17 | 701 | 823 | 146 | 0 |
| 31 Dec 16 | 602 | 762 | 140 | 0 |
| 30 Sep 16 | 573 | 384 | 118 | 0 |
| 30 Jun 16 | 544 | 7 | 97 | 0 |
| 31 Mar 16 | 484 | 18 | 98 | 0 |
| 31 Dec 15 | 424 | 29 | 99 | 0 |
| 30 Sep 15 | 456 | 33 | 100 | 0 |
| 30 Jun 15 | 489 | 36 | 101 | 0 |
| 31 Mar 15 | 524 | 23 | 103 | 0 |
| 31 Dec 14 | 558 | 10 | 104 | 0 |
| 30 Sep 14 | 551 | 10 | 113 | 0 |
| 30 Jun 14 | 543 | 9 | 122 | 0 |
| 31 Mar 14 | 507 | 9 | 122 | 0 |
| 31 Dec 13 | 471 | 9 | 122 | 0 |
| 30 Sep 13 | 445 | 7 | 121 | 0 |
| 30 Jun 13 | 418 | 6 | 120 | 0 |
Quality Earnings: 679 has a large one-off gain of HK$379.8M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 679 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 679's earnings have declined by 32% per year over the past 5 years.
Accelerating Growth: 679 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 679 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (3.1%).
Return on Equity
High ROE: 679's Return on Equity (20.7%) is considered high.