Huitongda Network Co., Ltd.

SEHK:9878 Stock Report

Market Cap: HK$9.5b

Huitongda Network Past Earnings Performance

Past criteria checks 1/6

Huitongda Network has been growing earnings at an average annual rate of 70.5%, while the Trade Distributors industry saw earnings growing at 18.8% annually. Revenues have been growing at an average rate of 6.3% per year. Huitongda Network's return on equity is 5.8%, and it has net margins of 0.5%.

Key information

70.5%

Earnings growth rate

75.5%

EPS growth rate

Trade Distributors Industry Growth7.5%
Revenue growth rate6.3%
Return on equity5.8%
Net Margin0.5%
Last Earnings Update30 Jun 2024

Recent past performance updates

Huitongda Network's (HKG:9878) Profits May Not Reveal Underlying Issues

May 03
Huitongda Network's (HKG:9878) Profits May Not Reveal Underlying Issues

Recent updates

Why We're Not Concerned About Huitongda Network Co., Ltd.'s (HKG:9878) Share Price

Dec 02
Why We're Not Concerned About Huitongda Network Co., Ltd.'s (HKG:9878) Share Price

Is Huitongda Network (HKG:9878) A Risky Investment?

Oct 21
Is Huitongda Network (HKG:9878) A Risky Investment?

Investors Met With Slowing Returns on Capital At Huitongda Network (HKG:9878)

Sep 23
Investors Met With Slowing Returns on Capital At Huitongda Network (HKG:9878)

Getting In Cheap On Huitongda Network Co., Ltd. (HKG:9878) Might Be Difficult

Jun 28
Getting In Cheap On Huitongda Network Co., Ltd. (HKG:9878) Might Be Difficult

Huitongda Network (HKG:9878) Is Looking To Continue Growing Its Returns On Capital

May 30
Huitongda Network (HKG:9878) Is Looking To Continue Growing Its Returns On Capital

Huitongda Network's (HKG:9878) Profits May Not Reveal Underlying Issues

May 03
Huitongda Network's (HKG:9878) Profits May Not Reveal Underlying Issues

Does Huitongda Network (HKG:9878) Have A Healthy Balance Sheet?

Apr 19
Does Huitongda Network (HKG:9878) Have A Healthy Balance Sheet?

Return Trends At Huitongda Network (HKG:9878) Aren't Appealing

Feb 29
Return Trends At Huitongda Network (HKG:9878) Aren't Appealing

Returns At Huitongda Network (HKG:9878) Appear To Be Weighed Down

Nov 22
Returns At Huitongda Network (HKG:9878) Appear To Be Weighed Down

Here's Why We Think Huitongda Network (HKG:9878) Might Deserve Your Attention Today

Oct 26
Here's Why We Think Huitongda Network (HKG:9878) Might Deserve Your Attention Today

There May Be Underlying Issues With The Quality Of Huitongda Network's (HKG:9878) Earnings

Oct 05
There May Be Underlying Issues With The Quality Of Huitongda Network's (HKG:9878) Earnings

Huitongda Network (HKG:9878) Has More To Do To Multiply In Value Going Forward

Aug 08
Huitongda Network (HKG:9878) Has More To Do To Multiply In Value Going Forward

Fewer Investors Than Expected Jumping On Huitongda Network Co., Ltd. (HKG:9878)

Jul 20
Fewer Investors Than Expected Jumping On Huitongda Network Co., Ltd. (HKG:9878)

Huitongda Network Co., Ltd. (HKG:9878) Shares Could Be 43% Below Their Intrinsic Value Estimate

Apr 18
Huitongda Network Co., Ltd. (HKG:9878) Shares Could Be 43% Below Their Intrinsic Value Estimate

Returns At Huitongda Network (HKG:9878) Appear To Be Weighed Down

Mar 15
Returns At Huitongda Network (HKG:9878) Appear To Be Weighed Down

Revenue & Expenses Breakdown

How Huitongda Network makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SEHK:9878 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2471,9113281,98386
31 Mar 2477,1723882,00690
31 Dec 2382,4334482,03094
30 Sep 2383,6154492,00495
30 Jun 2384,7974511,97896
31 Mar 2383,4513921,978104
31 Dec 2282,1063331,978113
30 Sep 2280,6631841,918112
30 Jun 2276,474411,671106
31 Mar 2271,119-891,50792
31 Dec 2165,763-2201,34379
30 Sep 2161,706-1881,20278
31 Dec 2049,629-2431,02558
31 Dec 1943,633-2491,03149
31 Dec 1829,802-19187135

Quality Earnings: 9878 has a large one-off gain of CN¥107.1M impacting its last 12 months of financial results to 30th June, 2024.

Growing Profit Margin: 9878's current net profit margins (0.5%) are lower than last year (0.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 9878 has become profitable over the past 5 years, growing earnings by 70.5% per year.

Accelerating Growth: 9878's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 9878 had negative earnings growth (-27.2%) over the past year, making it difficult to compare to the Trade Distributors industry average (7.3%).


Return on Equity

High ROE: 9878's Return on Equity (5.8%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 03:13
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Huitongda Network Co., Ltd. is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sun FeifeiCGS International
Beth ChildsCGS International
Lei YangChina Galaxy International Securities (Hong Kong)