Welife Technology Limited

SEHK:1703 Stock Report

Market Cap: HK$55.2m

Welife Technology Past Earnings Performance

Past criteria checks 0/6

Welife Technology's earnings have been declining at an average annual rate of -17.6%, while the Hospitality industry saw earnings declining at 10.6% annually. Revenues have been declining at an average rate of 31.8% per year.

Key information

-17.6%

Earnings growth rate

-19.6%

EPS growth rate

Hospitality Industry Growth-9.4%
Revenue growth rate-31.8%
Return on equity-58.5%
Net Margin-2.3%
Last Earnings Update31 Mar 2023

Recent past performance updates

Recent updates

Palace Banquet Holdings Limited (HKG:1703) Insiders Have Been Selling

Jan 27
Palace Banquet Holdings Limited (HKG:1703) Insiders Have Been Selling

Should Palace Banquet Holdings (HKG:1703) Be Disappointed With Their 51% Profit?

Dec 03
Should Palace Banquet Holdings (HKG:1703) Be Disappointed With Their 51% Profit?

Revenue & Expenses Breakdown

How Welife Technology makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SEHK:1703 Revenue, expenses and earnings (HKD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 23305-700
31 Dec 22284-1700
30 Sep 22262-2800
30 Jun 22279-3000
31 Mar 22296-3200
31 Dec 21287-5900
30 Sep 21278-8600
30 Jun 21252-10500
31 Mar 21227-12400
31 Dec 20326-12600
30 Sep 20425-12700
30 Jun 20540-12000
31 Mar 20654-11200
31 Dec 19754-4400
30 Sep 198542400
30 Jun 198533100
31 Mar 198523800
31 Mar 187735300
31 Mar 176384000
31 Mar 165994200

Quality Earnings: 1703 is currently unprofitable.

Growing Profit Margin: 1703 is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 1703 is unprofitable, and losses have increased over the past 5 years at a rate of 17.6% per year.

Accelerating Growth: Unable to compare 1703's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1703 is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (70.4%).


Return on Equity

High ROE: 1703 has a negative Return on Equity (-58.48%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/02/24 05:53
End of Day Share Price 2023/11/27 00:00
Earnings2023/03/31
Annual Earnings2023/03/31

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

Welife Technology Limited is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution