Weiqiao Textile Past Earnings Performance
Past criteria checks 0/6
Weiqiao Textile's earnings have been declining at an average annual rate of -62.1%, while the Luxury industry saw earnings growing at 11.6% annually. Revenues have been growing at an average rate of 1.1% per year.
Key information
-62.1%
Earnings growth rate
-62.1%
EPS growth rate
| Luxury Industry Growth | 11.5% |
| Revenue growth rate | 1.1% |
| Return on equity | -8.4% |
| Net Margin | -8.7% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Recent updates
Weiqiao Textile (HKG:2698) Will Be Hoping To Turn Its Returns On Capital Around
Jul 16
Returns On Capital Signal Difficult Times Ahead For Weiqiao Textile (HKG:2698)
Mar 23Weiqiao Textile (HKG:2698) Could Easily Take On More Debt
Sep 11Some Investors May Be Worried About Weiqiao Textile's (HKG:2698) Returns On Capital
Aug 13Shareholders Will Probably Be Cautious Of Increasing Weiqiao Textile Company Limited's (HKG:2698) CEO Compensation At The Moment
Jul 09Some Investors May Be Worried About Weiqiao Textile's (HKG:2698) Returns On Capital
May 07Is Weiqiao Textile Company Limited (HKG:2698) The Right Choice For A Smart Dividend Investor?
Apr 16Investors Can Find Comfort In Weiqiao Textile's (HKG:2698) Earnings Quality
Mar 26Does Weiqiao Textile (HKG:2698) Have A Healthy Balance Sheet?
Mar 22Weiqiao Textile's (HKG:2698) Shareholders Are Down 45% On Their Shares
Feb 23Will the Promising Trends At Weiqiao Textile (HKG:2698) Continue?
Jan 27How Does Weiqiao Textile Company Limited (HKG:2698) Fare As A Dividend Stock?
Dec 24
A Look At Weiqiao Textile's (HKG:2698) CEO Remuneration
Dec 07Revenue & Expenses BreakdownBeta
How Weiqiao Textile 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 |
|---|---|---|---|---|
| 30 Jun 23 | 16,232 | -1,412 | 581 | 0 |
| 31 Mar 23 | 16,403 | -1,485 | 601 | 0 |
| 31 Dec 22 | 16,574 | -1,558 | 620 | 0 |
| 30 Sep 22 | 16,816 | -1,088 | 623 | 0 |
| 30 Jun 22 | 17,057 | -619 | 627 | 0 |
| 31 Mar 22 | 16,660 | -2 | 600 | 0 |
| 31 Dec 21 | 16,263 | 614 | 574 | 0 |
| 30 Sep 21 | 15,537 | 624 | 528 | 0 |
| 30 Jun 21 | 14,812 | 633 | 482 | 0 |
| 31 Mar 21 | 13,778 | 419 | 455 | 0 |
| 31 Dec 20 | 12,743 | 205 | 429 | 0 |
| 30 Sep 20 | 12,779 | 186 | 423 | 0 |
| 30 Jun 20 | 12,814 | 167 | 418 | 0 |
| 31 Mar 20 | 13,991 | 193 | 422 | 0 |
| 31 Dec 19 | 15,168 | 218 | 426 | 0 |
| 30 Sep 19 | 15,499 | 383 | 430 | 0 |
| 30 Jun 19 | 15,830 | 548 | 435 | 0 |
| 31 Mar 19 | 16,143 | 596 | 439 | 0 |
| 31 Dec 18 | 16,456 | 644 | 444 | 0 |
| 30 Sep 18 | 16,366 | 585 | 423 | 0 |
| 30 Jun 18 | 16,277 | 525 | 402 | 0 |
| 31 Mar 18 | 16,325 | 524 | 409 | 0 |
| 31 Dec 17 | 16,373 | 522 | 416 | 0 |
| 30 Sep 17 | 16,561 | 736 | 438 | 0 |
| 30 Jun 17 | 16,748 | 949 | 460 | 0 |
| 31 Mar 17 | 15,462 | 971 | 473 | 0 |
| 31 Dec 16 | 14,175 | 993 | 485 | 0 |
| 30 Sep 16 | 13,874 | 1,001 | 481 | 0 |
| 30 Jun 16 | 13,573 | 1,009 | 477 | 0 |
| 31 Mar 16 | 13,036 | 994 | 469 | 0 |
| 31 Dec 15 | 12,498 | 979 | 460 | 0 |
| 30 Sep 15 | 11,298 | 695 | 467 | 0 |
| 30 Jun 15 | 10,098 | 412 | 473 | 0 |
| 31 Mar 15 | 10,654 | 360 | 465 | 0 |
| 31 Dec 14 | 11,211 | 308 | 457 | 0 |
| 30 Sep 14 | 12,181 | 441 | 459 | 0 |
| 30 Jun 14 | 13,152 | 573 | 462 | 0 |
| 31 Mar 14 | 13,516 | 601 | 475 | 0 |
| 31 Dec 13 | 13,881 | 629 | 488 | 0 |
| 30 Sep 13 | 14,061 | 661 | 484 | 0 |
| 30 Jun 13 | 14,240 | 694 | 480 | 0 |
| 31 Mar 13 | 14,744 | 588 | 469 | 0 |
Quality Earnings: 2698 is currently unprofitable.
Growing Profit Margin: 2698 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2698 is unprofitable, and losses have increased over the past 5 years at a rate of 62.1% per year.
Accelerating Growth: Unable to compare 2698's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 2698 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (2.8%).
Return on Equity
High ROE: 2698 has a negative Return on Equity (-8.43%), as it is currently unprofitable.