China New Economy Fund Past Earnings Performance
Past criteria checks 0/6
China New Economy Fund has been growing earnings at an average annual rate of 16.6%, while the Capital Markets industry saw earnings declining at 10.2% annually. Revenues have been declining at an average rate of 38.8% per year.
Key information
16.6%
Earnings growth rate
57.6%
EPS growth rate
| Capital Markets Industry Growth | -6.0% |
| Revenue growth rate | -38.8% |
| Return on equity | -58.4% |
| Net Margin | -41,504.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How China New Economy Fund 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 | 0 | -52 | 16 | 0 |
| 30 Sep 23 | 1 | -43 | 16 | 0 |
| 30 Jun 23 | 2 | -33 | 16 | 0 |
| 31 Mar 23 | 2 | -43 | 16 | 0 |
| 31 Dec 22 | 3 | -53 | 16 | 0 |
| 30 Sep 22 | 3 | -41 | 16 | 0 |
| 30 Jun 22 | 3 | -28 | 17 | 0 |
| 31 Mar 22 | 3 | -17 | 16 | 0 |
| 31 Dec 21 | 3 | -5 | 14 | 0 |
| 30 Sep 21 | 3 | -4 | 13 | 0 |
| 30 Jun 21 | 3 | -3 | 11 | 0 |
| 31 Mar 21 | 3 | -17 | 11 | 0 |
| 31 Dec 20 | 3 | -31 | 10 | 0 |
| 30 Sep 20 | 4 | -34 | 10 | 0 |
| 30 Jun 20 | 4 | -37 | 11 | 0 |
| 31 Mar 20 | 5 | -36 | 11 | 0 |
| 31 Dec 19 | 5 | -34 | 12 | 0 |
| 30 Sep 19 | 7 | -56 | 13 | 0 |
| 30 Jun 19 | 10 | -77 | 13 | 0 |
| 31 Mar 19 | 9 | -85 | 16 | 0 |
| 31 Dec 18 | 9 | -93 | 19 | 0 |
| 30 Sep 18 | 6 | -179 | 19 | 0 |
| 30 Jun 18 | 3 | -264 | 19 | 0 |
| 31 Mar 18 | 2 | -387 | 16 | 0 |
| 31 Dec 17 | 1 | -511 | 14 | 0 |
| 30 Sep 17 | 1 | -397 | 14 | 0 |
| 30 Jun 17 | 1 | -283 | 15 | 0 |
| 31 Mar 17 | 2 | -117 | 16 | 0 |
| 31 Dec 16 | 2 | 48 | 17 | 0 |
| 30 Sep 16 | 7 | -64 | 19 | 0 |
| 30 Jun 16 | 12 | -176 | 22 | 0 |
| 31 Mar 16 | 12 | -173 | 21 | 0 |
| 31 Dec 15 | 11 | -170 | 21 | 0 |
| 30 Sep 15 | 6 | -20 | 18 | 0 |
| 30 Jun 15 | 1 | 129 | 16 | 0 |
| 31 Mar 15 | 1 | 133 | 14 | 0 |
| 31 Dec 14 | 2 | 136 | 13 | 0 |
| 30 Sep 14 | 3 | 107 | 12 | 0 |
| 30 Jun 14 | 4 | 77 | 11 | 0 |
| 31 Mar 14 | 5 | 44 | 11 | 0 |
| 31 Dec 13 | 6 | 11 | 10 | 0 |
| 30 Sep 13 | 6 | 7 | 10 | 0 |
| 30 Jun 13 | 6 | 3 | 10 | 0 |
Quality Earnings: 80 is currently unprofitable.
Growing Profit Margin: 80 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 80 is unprofitable, but has reduced losses over the past 5 years at a rate of 16.6% per year.
Accelerating Growth: Unable to compare 80's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 80 is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (-19.6%).
Return on Equity
High ROE: 80 has a negative Return on Equity (-58.37%), as it is currently unprofitable.