China New Town Development Past Earnings Performance
Past criteria checks 4/6
China New Town Development's earnings have been declining at an average annual rate of -7.4%, while the Real Estate industry saw earnings declining at 0.2% annually. Revenues have been declining at an average rate of 16.3% per year. China New Town Development's return on equity is 3.2%, and it has net margins of 41.7%.
Key information
-7.4%
Earnings growth rate
-12.7%
EPS growth rate
| Real Estate Industry Growth | 2.8% |
| Revenue growth rate | -16.3% |
| Return on equity | 3.2% |
| Net Margin | 41.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Health Check: How Prudently Does China New Town Development (HKG:1278) Use Debt?
Dec 12
China New Town Development (HKG:1278) Could Easily Take On More Debt
May 16Is China New Town Development (HKG:1278) Using Too Much Debt?
Aug 31Is China New Town Development (HKG:1278) Using Too Much Debt?
May 09China New Town Development (HKG:1278) Seems To Use Debt Quite Sensibly
Dec 10Is China New Town Development (HKG:1278) A Risky Investment?
Aug 09Here's Why China New Town Development (HKG:1278) Can Manage Its Debt Responsibly
Apr 05Is China New Town Development Company Limited (HKG:1278) Popular Amongst Insiders?
Mar 01If You Had Bought China New Town Development's (HKG:1278) Shares Three Years Ago You Would Be Down 53%
Jan 25China New Town Development (HKG:1278) Seems To Use Debt Quite Sensibly
Dec 21We're Not So Sure You Should Rely on China New Town Development's (HKG:1278) Statutory Earnings
Nov 30
Revenue & Expenses BreakdownBeta
How China New Town Development 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 | 337 | 141 | 113 | 0 |
| 30 Sep 23 | 322 | 61 | 119 | 0 |
| 30 Jun 23 | 307 | -22 | 129 | 0 |
| 31 Mar 23 | 306 | -9 | 130 | 0 |
| 31 Dec 22 | 305 | 3 | 131 | 0 |
| 30 Sep 22 | 296 | 34 | 128 | 0 |
| 30 Jun 22 | 287 | 69 | 121 | 0 |
| 31 Mar 22 | 280 | 89 | 118 | 0 |
| 31 Dec 21 | 273 | 109 | 116 | 0 |
| 30 Sep 21 | 292 | 138 | 107 | 0 |
| 30 Jun 21 | 325 | -170 | 115 | 0 |
| 31 Mar 21 | 358 | -210 | 120 | 0 |
| 31 Dec 20 | 392 | -251 | 124 | 0 |
| 30 Sep 20 | 415 | -274 | 133 | 0 |
| 30 Jun 20 | 426 | 41 | 124 | 0 |
| 31 Mar 20 | 420 | 68 | 124 | 0 |
| 31 Dec 19 | 415 | 95 | 124 | 0 |
| 30 Sep 19 | 532 | 151 | 132 | 0 |
| 30 Jun 19 | 649 | 207 | 140 | 0 |
| 31 Mar 19 | 624 | 145 | 139 | 0 |
| 31 Dec 18 | 599 | 84 | 138 | 0 |
| 30 Sep 18 | 764 | 135 | 135 | 0 |
| 30 Jun 18 | 928 | 185 | 132 | 0 |
| 31 Mar 18 | 1,040 | 260 | 129 | 0 |
| 31 Dec 17 | 1,152 | 336 | 126 | 0 |
| 30 Sep 17 | 844 | 198 | 144 | 0 |
| 30 Jun 17 | 535 | 61 | 124 | 0 |
| 31 Mar 17 | 384 | 96 | 131 | 0 |
| 31 Dec 16 | 245 | 55 | 126 | 0 |
| 30 Sep 16 | 222 | 191 | 105 | 0 |
| 30 Jun 16 | 190 | 228 | 104 | 0 |
| 31 Mar 16 | 93 | 147 | 93 | 0 |
| 31 Dec 15 | 164 | 123 | 98 | 0 |
| 30 Sep 15 | 108 | 149 | 89 | 0 |
| 30 Jun 15 | 60 | 127 | 89 | 0 |
| 31 Mar 15 | 78 | 94 | 93 | 0 |
| 31 Dec 14 | 57 | 89 | 91 | 0 |
| 30 Sep 14 | 54 | -122 | 144 | 0 |
| 30 Jun 14 | 54 | -120 | 138 | 0 |
| 31 Mar 14 | 0 | -131 | 133 | 0 |
| 31 Dec 13 | 608 | 24 | 143 | 0 |
| 30 Sep 13 | 1,389 | 200 | 128 | 0 |
| 30 Jun 13 | 1,419 | 156 | 194 | 0 |
Quality Earnings: 1278 has high quality earnings.
Growing Profit Margin: 1278's current net profit margins (41.7%) are higher than last year (0.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1278's earnings have declined by 7.4% per year over the past 5 years.
Accelerating Growth: 1278's earnings growth over the past year (5113.1%) exceeds its 5-year average (-7.4% per year).
Earnings vs Industry: 1278 earnings growth over the past year (5113.1%) exceeded the Real Estate industry -2.9%.
Return on Equity
High ROE: 1278's Return on Equity (3.2%) is considered low.