China New City Group Past Earnings Performance
Past criteria checks 0/6
China New City Group's earnings have been declining at an average annual rate of -33.6%, while the Real Estate industry saw earnings declining at 0.2% annually. Revenues have been declining at an average rate of 20.2% per year.
Key information
-33.6%
Earnings growth rate
-32.2%
EPS growth rate
| Real Estate Industry Growth | 2.8% |
| Revenue growth rate | -20.2% |
| Return on equity | -8.8% |
| Net Margin | -31.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
China New City Group Limited's (HKG:1321) Price Is Out Of Tune With Revenues
Jan 23
Is China New City Group (HKG:1321) A Risky Investment?
Dec 01Is China New City Commercial Development (HKG:1321) Using Too Much Debt?
Aug 31Health Check: How Prudently Does China New City Commercial Development (HKG:1321) Use Debt?
Oct 07China New City Commercial Development (HKG:1321) Has Debt But No Earnings; Should You Worry?
Apr 15Is China New City Commercial Development (HKG:1321) Weighed On By Its Debt Load?
Dec 16Would Shareholders Who Purchased China New City Commercial Development's (HKG:1321) Stock Five Years Be Happy With The Share price Today?
Feb 19Here's Why We Don't Think China New City Commercial Development's (HKG:1321) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 29Revenue & Expenses BreakdownBeta
How China New City 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 |
|---|---|---|---|---|
| 31 Dec 23 | 1,297 | -404 | 343 | 0 |
| 30 Sep 23 | 1,225 | -340 | 362 | 0 |
| 30 Jun 23 | 1,153 | -275 | 382 | 0 |
| 31 Mar 23 | 873 | -354 | 377 | 0 |
| 31 Dec 22 | 592 | -433 | 373 | 0 |
| 30 Sep 22 | 586 | -440 | 394 | 0 |
| 30 Jun 22 | 581 | -447 | 415 | 0 |
| 31 Mar 22 | 726 | -371 | 424 | 0 |
| 31 Dec 21 | 871 | -295 | 432 | 0 |
| 30 Sep 21 | 907 | -196 | 411 | 0 |
| 30 Jun 21 | 942 | -97 | 389 | 0 |
| 31 Mar 21 | 821 | -26 | 377 | 0 |
| 31 Dec 20 | 700 | 44 | 365 | 0 |
| 30 Sep 20 | 1,149 | 80 | 346 | 0 |
| 30 Jun 20 | 1,598 | 116 | 327 | 0 |
| 31 Mar 20 | 1,777 | 71 | 325 | 0 |
| 31 Dec 19 | 1,956 | 26 | 322 | 0 |
| 30 Sep 19 | 2,013 | -92 | 324 | 0 |
| 30 Jun 19 | 2,071 | -210 | 326 | 0 |
| 31 Mar 19 | 1,998 | -227 | 332 | 0 |
| 31 Dec 18 | 1,925 | -244 | 337 | 0 |
| 30 Sep 18 | 1,301 | -37 | 338 | 0 |
| 30 Jun 18 | 677 | 169 | 339 | 0 |
| 31 Mar 18 | 486 | 329 | 303 | 0 |
| 31 Dec 17 | 296 | 489 | 267 | 0 |
| 30 Sep 17 | 402 | 418 | 228 | 0 |
| 30 Jun 17 | 508 | 348 | 190 | 0 |
| 31 Mar 17 | 683 | 248 | 189 | 0 |
| 31 Dec 16 | 858 | 147 | 188 | 0 |
| 30 Sep 16 | 825 | 427 | 189 | 0 |
| 30 Jun 16 | 792 | 708 | 191 | 0 |
| 31 Mar 16 | 648 | 724 | 178 | 0 |
| 31 Dec 15 | 504 | 740 | 164 | 0 |
| 30 Sep 15 | 398 | 476 | 134 | 0 |
| 30 Jun 15 | 292 | 212 | 103 | 0 |
| 31 Mar 15 | 250 | 344 | 112 | 0 |
| 31 Dec 14 | 209 | 477 | 121 | 0 |
| 30 Sep 14 | 323 | 452 | 126 | 0 |
| 30 Jun 14 | 438 | 427 | 132 | 0 |
| 31 Mar 14 | 657 | 396 | 117 | 0 |
| 31 Dec 13 | 876 | 365 | 102 | 0 |
Quality Earnings: 1321 is currently unprofitable.
Growing Profit Margin: 1321 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1321 is unprofitable, and losses have increased over the past 5 years at a rate of 33.6% per year.
Accelerating Growth: Unable to compare 1321's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 1321 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-2.9%).
Return on Equity
High ROE: 1321 has a negative Return on Equity (-8.78%), as it is currently unprofitable.