Huitongda Network Past Earnings Performance
Past criteria checks 3/6
Huitongda Network has been growing earnings at an average annual rate of 63.4%, while the Trade Distributors industry saw earnings growing at 4.4% annually. Revenues have been growing at an average rate of 17% per year. Huitongda Network's return on equity is 7.3%, and it has net margins of 0.5%.
Key information
63.4%
Earnings growth rate
64.5%
EPS growth rate
| Trade Distributors Industry Growth | 7.5% |
| Revenue growth rate | 17.0% |
| Return on equity | 7.3% |
| Net Margin | 0.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Does Huitongda Network (HKG:9878) Have A Healthy Balance Sheet?
Apr 19
Return Trends At Huitongda Network (HKG:9878) Aren't Appealing
Feb 29Returns At Huitongda Network (HKG:9878) Appear To Be Weighed Down
Nov 22Here's Why We Think Huitongda Network (HKG:9878) Might Deserve Your Attention Today
Oct 26There May Be Underlying Issues With The Quality Of Huitongda Network's (HKG:9878) Earnings
Oct 05Huitongda Network (HKG:9878) Has More To Do To Multiply In Value Going Forward
Aug 08Fewer Investors Than Expected Jumping On Huitongda Network Co., Ltd. (HKG:9878)
Jul 20Huitongda Network Co., Ltd. (HKG:9878) Shares Could Be 43% Below Their Intrinsic Value Estimate
Apr 18Returns At Huitongda Network (HKG:9878) Appear To Be Weighed Down
Mar 15Revenue & Expenses BreakdownBeta
How Huitongda Network 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 | 82,433 | 448 | 2,030 | 94 |
| 30 Sep 23 | 83,615 | 449 | 2,004 | 95 |
| 30 Jun 23 | 83,046 | 422 | 1,937 | 96 |
| 31 Mar 23 | 81,700 | 363 | 1,937 | 104 |
| 31 Dec 22 | 82,106 | 333 | 1,978 | 113 |
| 30 Sep 22 | 80,663 | 184 | 1,918 | 112 |
| 30 Jun 22 | 76,474 | 41 | 1,671 | 106 |
| 31 Mar 22 | 71,119 | -89 | 1,507 | 92 |
| 31 Dec 21 | 65,763 | -220 | 1,343 | 79 |
| 30 Sep 21 | 61,706 | -188 | 1,202 | 78 |
| 31 Dec 20 | 49,629 | -243 | 1,025 | 58 |
| 31 Dec 19 | 43,633 | -249 | 1,031 | 49 |
| 31 Dec 18 | 29,802 | -191 | 871 | 35 |
Quality Earnings: 9878 has a large one-off gain of CN¥147.6M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 9878's current net profit margins (0.5%) are higher than last year (0.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 9878 has become profitable over the past 5 years, growing earnings by 63.4% per year.
Accelerating Growth: 9878's earnings growth over the past year (34.6%) is below its 5-year average (63.4% per year).
Earnings vs Industry: 9878 earnings growth over the past year (34.6%) exceeded the Trade Distributors industry 3.9%.
Return on Equity
High ROE: 9878's Return on Equity (7.3%) is considered low.