Quanzhou Huixin Micro-credit Past Earnings Performance
Past criteria checks 4/6
Quanzhou Huixin Micro-credit's earnings have been declining at an average annual rate of -5%, while the Consumer Finance industry saw earnings declining at 1.5% annually. Revenues have been growing at an average rate of 1.3% per year. Quanzhou Huixin Micro-credit's return on equity is 6%, and it has net margins of 57.3%.
Key information
-5.0%
Earnings growth rate
-5.0%
EPS growth rate
| Consumer Finance Industry Growth | -2.1% |
| Revenue growth rate | 1.3% |
| Return on equity | 6.0% |
| Net Margin | 57.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Quanzhou Huixin Micro-credit (HKG:1577) Is Paying Out A Dividend Of CN¥0.055
Jun 10
We Think Shareholders Are Less Likely To Approve A Pay Rise For Quanzhou Huixin Micro-credit Co., Ltd.'s (HKG:1577) CEO For Now
May 31Quanzhou Huixin Micro-credit Co., Ltd. (HKG:1577) Surges 36% Yet Its Low P/E Is No Reason For Excitement
May 21Fewer Investors Than Expected Jumping On Quanzhou Huixin Micro-credit Co., Ltd. (HKG:1577)
Feb 14With EPS Growth And More, Quanzhou Huixin Micro-credit (HKG:1577) Makes An Interesting Case
Oct 18Quanzhou Huixin Micro-credit (HKG:1577) Has Re-Affirmed Its Dividend Of HK$0.059
Jun 13Quanzhou Huixin Micro-Credit (HKG:1577) Has Re-Affirmed Its Dividend Of HK$0.061
Jun 13Consider This Before Buying Quanzhou Huixin Micro-Credit Co., Ltd. (HKG:1577) For The 5.2% Dividend
Apr 02If You Had Bought Quanzhou Huixin Micro-Credit's (HKG:1577) Shares Three Years Ago You Would Be Down 22%
Jan 28Trade Alert: Weiqi Wu At Quanzhou Huixin Micro-Credit Co., Ltd. (HKG:1577), Has Just Spent CN¥433k Buying 1.3% More Shares
Jan 07Does It Make Sense To Buy Quanzhou Huixin Micro-Credit Co., Ltd. (HKG:1577) For Its Yield?
Jan 02
Is Quanzhou Huixin Micro-Credit Co., Ltd. (HKG:1577) Popular Amongst Insiders?
Dec 06Revenue & Expenses Breakdown
How Quanzhou Huixin Micro-credit 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 | 113 | 65 | 0 | 0 |
| 30 Sep 23 | 120 | 69 | 0 | 0 |
| 30 Jun 23 | 127 | 73 | 0 | 0 |
| 31 Mar 23 | 127 | 67 | 0 | 0 |
| 31 Dec 22 | 128 | 61 | 0 | 0 |
| 30 Sep 22 | 123 | 46 | 0 | 0 |
| 30 Jun 22 | 118 | 32 | 0 | 0 |
| 31 Mar 22 | 122 | 37 | 0 | 0 |
| 31 Dec 21 | 127 | 42 | 0 | 0 |
| 30 Sep 21 | 121 | 55 | 0 | 0 |
| 30 Jun 21 | 116 | 67 | 0 | 0 |
| 31 Mar 21 | 95 | 54 | 0 | 0 |
| 31 Dec 20 | 74 | 41 | 0 | 0 |
| 30 Sep 20 | 76 | 35 | 0 | 0 |
| 30 Jun 20 | 78 | 29 | 0 | 0 |
| 31 Mar 20 | 101 | 47 | 0 | 0 |
| 31 Dec 19 | 124 | 64 | 0 | 0 |
| 30 Sep 19 | 128 | 75 | 0 | 0 |
| 30 Jun 19 | 132 | 86 | 1 | 0 |
| 31 Mar 19 | 130 | 87 | 1 | 0 |
| 31 Dec 18 | 128 | 88 | 2 | 0 |
| 30 Sep 18 | 132 | 90 | 1 | 0 |
| 30 Jun 18 | 135 | 93 | 1 | 0 |
| 31 Mar 18 | 136 | 92 | 1 | 0 |
| 31 Dec 17 | 137 | 91 | 1 | 0 |
| 30 Sep 17 | 134 | 89 | 1 | 0 |
| 30 Jun 17 | 131 | 87 | 1 | 0 |
| 31 Mar 17 | 130 | 86 | 1 | 0 |
| 31 Dec 16 | 130 | 86 | 1 | 0 |
| 31 Mar 16 | 125 | 76 | 1 | 0 |
| 31 Dec 15 | 121 | 75 | 1 | 0 |
| 31 Dec 14 | 122 | 73 | 1 | 0 |
| 31 Dec 13 | 65 | 41 | 0 | 0 |
Quality Earnings: 1577 has high quality earnings.
Growing Profit Margin: 1577's current net profit margins (57.3%) are higher than last year (47.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1577's earnings have declined by 5% per year over the past 5 years.
Accelerating Growth: 1577's earnings growth over the past year (6.8%) exceeds its 5-year average (-5% per year).
Earnings vs Industry: 1577 earnings growth over the past year (6.8%) exceeded the Consumer Finance industry 0.4%.
Return on Equity
High ROE: 1577's Return on Equity (6%) is considered low.