Reach New Holdings Past Earnings Performance
Past criteria checks 0/6
Reach New Holdings's earnings have been declining at an average annual rate of -24.6%, while the Luxury industry saw earnings growing at 15.2% annually. Revenues have been declining at an average rate of 2% per year.
Key information
-24.6%
Earnings growth rate
-22.3%
EPS growth rate
| Luxury Industry Growth | 11.5% |
| Revenue growth rate | -2.0% |
| Return on equity | -77.7% |
| Net Margin | -37.4% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Reach New Holdings Limited's (HKG:8471) 62% Share Price Surge Not Quite Adding Up
Aug 23
We're Not Very Worried About Reach New Holdings' (HKG:8471) Cash Burn Rate
Jul 14This Is Why Reach New Holdings Limited's (HKG:8471) CEO Compensation Looks Appropriate
Apr 26We're Not Very Worried About Reach New Holdings' (HKG:8471) Cash Burn Rate
Mar 17How Much Did Reach New Holdings' (HKG:8471) CEO Pocket Last Year?
Dec 01
Revenue & Expenses Breakdown
How Reach New Holdings 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 24 | 72 | -27 | 36 | 0 |
| 31 Mar 24 | 72 | -23 | 34 | 0 |
| 31 Dec 23 | 66 | -22 | 30 | 0 |
| 30 Sep 23 | 64 | -7 | 26 | 0 |
| 30 Jun 23 | 65 | -5 | 24 | 0 |
| 31 Mar 23 | 64 | -6 | 24 | 0 |
| 31 Dec 22 | 67 | -7 | 27 | 0 |
| 30 Sep 22 | 71 | -9 | 28 | 0 |
| 30 Jun 22 | 73 | -4 | 27 | 0 |
| 31 Mar 22 | 75 | -4 | 27 | 0 |
| 31 Dec 21 | 74 | -1 | 24 | 0 |
| 30 Sep 21 | 74 | -2 | 24 | 0 |
| 30 Jun 21 | 73 | -9 | 26 | 0 |
| 31 Mar 21 | 67 | -12 | 27 | 0 |
| 31 Dec 20 | 61 | -14 | 27 | 0 |
| 30 Sep 20 | 60 | -12 | 26 | 0 |
| 30 Jun 20 | 61 | -9 | 25 | 0 |
| 31 Mar 20 | 66 | -5 | 24 | 0 |
| 31 Dec 19 | 76 | -5 | 26 | 0 |
| 30 Sep 19 | 81 | -5 | 29 | 0 |
| 30 Jun 19 | 89 | -4 | 29 | 0 |
| 31 Mar 19 | 97 | -4 | 32 | 0 |
| 31 Dec 18 | 99 | -3 | 32 | 0 |
| 30 Sep 18 | 101 | -3 | 33 | 0 |
| 30 Jun 18 | 103 | -1 | 32 | 0 |
| 31 Mar 18 | 102 | -4 | 30 | 0 |
| 31 Dec 17 | 103 | -6 | 28 | 0 |
| 30 Sep 17 | 108 | -2 | 23 | 0 |
| 30 Jun 17 | 110 | 0 | 23 | 0 |
| 31 Mar 17 | 105 | 4 | 23 | 0 |
| 31 Dec 16 | 105 | 10 | 23 | 0 |
| 31 Dec 15 | 96 | 6 | 23 | 0 |
Quality Earnings: 8471 is currently unprofitable.
Growing Profit Margin: 8471 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 8471 is unprofitable, and losses have increased over the past 5 years at a rate of 24.6% per year.
Accelerating Growth: Unable to compare 8471's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 8471 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (15.7%).
Return on Equity
High ROE: 8471 has a negative Return on Equity (-77.74%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 16:12 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Reach New Holdings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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