Clarity Medical Group Holding Past Earnings Performance
Past criteria checks 0/6
Clarity Medical Group Holding's earnings have been declining at an average annual rate of -69.5%, while the Healthcare industry saw earnings growing at 9% annually. Revenues have been declining at an average rate of 1.3% per year.
Key information
-69.5%
Earnings growth rate
-75.8%
EPS growth rate
| Healthcare Industry Growth | 11.3% |
| Revenue growth rate | -1.3% |
| Return on equity | -40.0% |
| Net Margin | -39.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Here's Why We're Watching Clarity Medical Group Holding's (HKG:1406) Cash Burn Situation
Aug 14
Investors Could Be Concerned With Clarity Medical Group Holding's (HKG:1406) Returns On Capital
Mar 21Weak Statutory Earnings May Not Tell The Whole Story For Clarity Medical Group Holding (HKG:1406)
Dec 26Clarity Medical Group Holding Limited's (HKG:1406) Shares Climb 28% But Its Business Is Yet to Catch Up
Aug 16Revenue & Expenses Breakdown
How Clarity Medical Group Holding 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 Mar 24 | 191 | -76 | 89 | 0 |
| 31 Dec 23 | 199 | -53 | 94 | 0 |
| 30 Sep 23 | 208 | -31 | 99 | 0 |
| 30 Jun 23 | 211 | -17 | 91 | 0 |
| 31 Mar 23 | 214 | -3 | 83 | 0 |
| 31 Dec 22 | 215 | 4 | 75 | 0 |
| 30 Sep 22 | 215 | 11 | 67 | 0 |
| 30 Jun 22 | 220 | 12 | 69 | 0 |
| 31 Mar 22 | 225 | 13 | 70 | 0 |
| 31 Mar 21 | 222 | 36 | 61 | 0 |
| 31 Mar 20 | 218 | 26 | 56 | 0 |
| 31 Mar 19 | 207 | 30 | 47 | 0 |
Quality Earnings: 1406 is currently unprofitable.
Growing Profit Margin: 1406 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1406 is unprofitable, and losses have increased over the past 5 years at a rate of 69.5% per year.
Accelerating Growth: Unable to compare 1406's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 1406 is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare industry (-16.9%).
Return on Equity
High ROE: 1406 has a negative Return on Equity (-39.99%), as it is currently unprofitable.