Ruicheng (China) Media Group Past Earnings Performance
Past criteria checks 0/6
Ruicheng (China) Media Group's earnings have been declining at an average annual rate of -87.9%, while the Media industry saw earnings growing at 5.5% annually. Revenues have been declining at an average rate of 14.6% per year.
Key information
-87.9%
Earnings growth rate
-89.5%
EPS growth rate
| Media Industry Growth | 9.1% |
| Revenue growth rate | -14.6% |
| Return on equity | -8.1% |
| Net Margin | -8.0% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Optimistic Investors Push Ruicheng (China) Media Group Limited (HKG:1640) Shares Up 109% But Growth Is Lacking
Sep 05
Subdued Growth No Barrier To Ruicheng (China) Media Group Limited (HKG:1640) With Shares Advancing 25%
Jul 22Does Ruicheng (China) Media Group (HKG:1640) Have A Healthy Balance Sheet?
May 24Ruicheng (China) Media Group Limited's (HKG:1640) Business Is Trailing The Industry But Its Shares Aren't
Mar 28Is Ruicheng (China) Media Group (HKG:1640) Using Too Much Debt?
Dec 08Does Ruicheng (China) Media Group (HKG:1640) Have A Healthy Balance Sheet?
Sep 01Does Ruicheng (China) Media Group (HKG:1640) Have A Healthy Balance Sheet?
Dec 23We Think Ruicheng (China) Media Group (HKG:1640) Has A Fair Chunk Of Debt
Sep 06We Think Ruicheng (China) Media Group (HKG:1640) Can Stay On Top Of Its Debt
May 19Capital Allocation Trends At Ruicheng (China) Media Group (HKG:1640) Aren't Ideal
Mar 16Ruicheng (China) Media Group (HKG:1640) Will Want To Turn Around Its Return Trends
Nov 22Ruicheng (China) Media Group (HKG:1640) Could Be Struggling To Allocate Capital
Aug 09Investors Could Be Concerned With Ruicheng (China) Media Group's (HKG:1640) Returns On Capital
May 07We Think Ruicheng (China) Media Group (HKG:1640) Is Taking Some Risk With Its Debt
Apr 02Ruicheng (China) Media Group (HKG:1640) Knows How to Allocate Capital
Jan 02Revenue & Expenses Breakdown
How Ruicheng (China) Media Group 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 | 228 | -18 | 40 | 0 |
| 31 Mar 24 | 303 | -21 | 46 | 0 |
| 31 Dec 23 | 379 | -23 | 52 | 0 |
| 30 Sep 23 | 393 | -16 | 43 | 0 |
| 30 Jun 23 | 407 | -8 | 34 | 0 |
| 31 Mar 23 | 410 | -10 | 37 | 0 |
| 31 Dec 22 | 413 | -11 | 40 | 0 |
| 30 Sep 22 | 416 | -10 | 22 | 0 |
| 30 Jun 22 | 419 | -9 | 4 | 0 |
| 31 Mar 22 | 430 | -4 | 6 | 0 |
| 31 Dec 21 | 441 | 0 | 8 | 0 |
| 30 Sep 21 | 458 | 0 | 21 | 0 |
| 30 Jun 21 | 475 | 0 | 34 | 0 |
| 31 Mar 21 | 461 | 1 | 36 | 0 |
| 31 Dec 20 | 447 | 3 | 37 | 0 |
| 30 Sep 20 | 567 | 17 | 33 | 0 |
| 30 Jun 20 | 687 | 32 | 28 | 0 |
| 31 Mar 20 | 767 | 34 | 31 | 0 |
| 31 Dec 19 | 846 | 36 | 35 | 0 |
| 31 Dec 18 | 783 | 47 | 27 | 0 |
| 31 Dec 17 | 661 | 38 | 31 | 0 |
| 31 Dec 16 | 313 | 16 | 27 | 0 |
Quality Earnings: 1640 is currently unprofitable.
Growing Profit Margin: 1640 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1640 is unprofitable, and losses have increased over the past 5 years at a rate of 87.9% per year.
Accelerating Growth: Unable to compare 1640's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 1640 is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (6.4%).
Return on Equity
High ROE: 1640 has a negative Return on Equity (-8.07%), as it is currently unprofitable.