Flowing Cloud Technology Past Earnings Performance
Past criteria checks 1/6
Flowing Cloud Technology has been growing earnings at an average annual rate of 31.7%, while the Media industry saw earnings growing at 6.2% annually. Revenues have been declining at an average rate of 8.2% per year. Flowing Cloud Technology's return on equity is 14%, and it has net margins of 19.3%.
Key information
31.7%
Earnings growth rate
26.0%
EPS growth rate
| Media Industry Growth | 9.1% |
| Revenue growth rate | -8.2% |
| Return on equity | 14.0% |
| Net Margin | 19.3% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Flowing Cloud Technology's (HKG:6610) Shareholders Have More To Worry About Than Only Soft Earnings
Oct 09
Flowing Cloud Technology's (HKG:6610) Earnings Are Of Questionable Quality
Oct 02Recent updates
Flowing Cloud Technology's (HKG:6610) Shareholders Have More To Worry About Than Only Soft Earnings
Oct 09Positive Sentiment Still Eludes Flowing Cloud Technology Ltd (HKG:6610) Following 25% Share Price Slump
Aug 12Even With A 47% Surge, Cautious Investors Are Not Rewarding Flowing Cloud Technology Ltd's (HKG:6610) Performance Completely
May 21Flowing Cloud Technology (HKG:6610) Will Be Hoping To Turn Its Returns On Capital Around
May 02A Piece Of The Puzzle Missing From Flowing Cloud Technology Ltd's (HKG:6610) 36% Share Price Climb
Apr 04Flowing Cloud Technology (HKG:6610) Seems To Use Debt Quite Sensibly
Apr 01Flowing Cloud Technology's (HKG:6610) Returns On Capital Not Reflecting Well On The Business
Dec 29Flowing Cloud Technology's (HKG:6610) Earnings Are Of Questionable Quality
Oct 02Revenue & Expenses Breakdown
How Flowing Cloud Technology 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 | 1,094 | 211 | 90 | 37 |
| 31 Mar 24 | 1,169 | 238 | 94 | 44 |
| 31 Dec 23 | 1,245 | 264 | 99 | 51 |
| 30 Sep 23 | 1,218 | 267 | 88 | 56 |
| 30 Jun 23 | 1,192 | 271 | 77 | 60 |
| 31 Mar 23 | 1,137 | 257 | 59 | 54 |
| 31 Dec 22 | 1,066 | 237 | 51 | 48 |
| 31 Mar 22 | 685 | 100 | 40 | 23 |
| 31 Dec 21 | 595 | 70 | 35 | 22 |
| 31 Dec 20 | 339 | 59 | 18 | 15 |
| 31 Dec 19 | 251 | 42 | 14 | 11 |
Quality Earnings: 6610 has a high level of non-cash earnings.
Growing Profit Margin: 6610's current net profit margins (19.3%) are lower than last year (22.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 6610's earnings have grown significantly by 31.7% per year over the past 5 years.
Accelerating Growth: 6610's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6610 had negative earnings growth (-22%) over the past year, making it difficult to compare to the Media industry average (-2.2%).
Return on Equity
High ROE: 6610's Return on Equity (14%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 04:38 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Flowing Cloud Technology Ltd is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Qixian Lin | SWS Research Co., Ltd. |