Weigang Environmental Technology Holding Group Past Earnings Performance
Past criteria checks 1/6
Weigang Environmental Technology Holding Group's earnings have been declining at an average annual rate of -62.7%, while the Commercial Services industry saw earnings growing at 6.3% annually. Revenues have been declining at an average rate of 10.5% per year.
Key information
-62.7%
Earnings growth rate
-64.3%
EPS growth rate
| Commercial Services Industry Growth | 7.1% |
| Revenue growth rate | -10.5% |
| Return on equity | -0.2% |
| Net Margin | 0.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Weigang Environmental Technology Holding Group Limited's (HKG:1845) 28% Share Price Plunge Could Signal Some Risk
Mar 13
Weigang Environmental Technology Holding Group Limited's (HKG:1845) Popularity With Investors Under Threat As Stock Sinks 29%
Jan 19Is Weigang Environmental Technology Holding Group (HKG:1845) Using Debt In A Risky Way?
Oct 24Is Weigang Environmental Technology Holding Group (HKG:1845) Using Debt In A Risky Way?
Nov 01Is Weigang Environmental Technology Holding Group (HKG:1845) Using Debt Sensibly?
May 17Is Weigang Environmental Technology Holding Group (HKG:1845) A Risky Investment?
Jun 01Will Weigang Environmental Technology Holding Group (HKG:1845) Multiply In Value Going Forward?
Mar 11Have Insiders Been Selling Weigang Environmental Technology Holding Group Limited (HKG:1845) Shares This Year?
Feb 04Should You Rely On Weigang Environmental Technology Holding Group's (HKG:1845) Earnings Growth?
Jan 09
Weigang Environmental Technology Holding Group (HKG:1845) Seems To Use Debt Rather Sparingly
Dec 13Will Weigang Environmental Technology Holding Group (HKG:1845) Multiply In Value Going Forward?
Nov 25Revenue & Expenses BreakdownBeta
How Weigang Environmental Technology Holding 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 Dec 23 | 253 | 2 | 49 | 11 |
| 30 Sep 23 | 244 | -21 | 58 | 17 |
| 30 Jun 23 | 235 | -44 | 66 | 0 |
| 31 Mar 23 | 292 | -58 | 70 | 0 |
| 31 Dec 22 | 349 | -72 | 75 | 22 |
| 30 Sep 22 | 434 | -48 | 69 | 11 |
| 30 Jun 22 | 519 | -23 | 62 | 0 |
| 31 Mar 22 | 540 | -18 | 64 | 0 |
| 31 Dec 21 | 562 | -12 | 65 | 0 |
| 30 Sep 21 | 579 | -17 | 70 | 0 |
| 30 Jun 21 | 597 | -23 | 76 | 0 |
| 31 Mar 21 | 567 | -17 | 75 | 0 |
| 31 Dec 20 | 537 | -11 | 74 | 0 |
| 30 Sep 20 | 543 | 20 | 67 | 0 |
| 30 Jun 20 | 549 | 51 | 59 | 0 |
| 31 Mar 20 | 543 | 59 | 51 | 0 |
| 31 Dec 19 | 538 | 67 | 43 | 0 |
| 30 Sep 19 | 503 | 54 | 40 | 0 |
| 30 Jun 19 | 469 | 40 | 36 | 0 |
| 31 Mar 19 | 474 | 45 | 33 | 0 |
| 31 Dec 18 | 480 | 50 | 29 | 0 |
| 30 Sep 18 | 413 | 52 | 25 | 0 |
| 30 Jun 18 | 345 | 54 | 20 | 0 |
| 31 Mar 18 | 267 | 42 | 16 | 0 |
| 31 Dec 17 | 189 | 30 | 12 | 0 |
| 31 Dec 16 | 89 | 20 | 4 | 0 |
| 31 Dec 15 | 75 | 16 | 4 | 0 |
Quality Earnings: 1845 has a large one-off gain of CN¥3.7M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 1845 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1845's earnings have declined by 62.7% per year over the past 5 years.
Accelerating Growth: 1845 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 1845 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (2.5%).
Return on Equity
High ROE: 1845's Return on Equity (-0.2%) is considered low.