Redsun Services Group Past Earnings Performance
Past criteria checks 1/6
Redsun Services Group has been growing earnings at an average annual rate of 4.7%, while the Real Estate industry saw earnings declining at 0.2% annually. Revenues have been growing at an average rate of 17.9% per year. Redsun Services Group's return on equity is 1.6%, and it has net margins of 1%.
Key information
4.7%
Earnings growth rate
-7.5%
EPS growth rate
| Real Estate Industry Growth | 2.8% |
| Revenue growth rate | 17.9% |
| Return on equity | 1.6% |
| Net Margin | 1.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
There May Be Some Bright Spots In Redsun Services Group's (HKG:1971) Earnings
Apr 25
Redsun Services Group's (HKG:1971) Anemic Earnings Might Be Worse Than You Think
Apr 27Recent updates
There May Be Some Bright Spots In Redsun Services Group's (HKG:1971) Earnings
Apr 25Benign Growth For Redsun Services Group Limited (HKG:1971) Underpins Its Share Price
Dec 18Investors Don't See Light At End Of Redsun Services Group Limited's (HKG:1971) Tunnel And Push Stock Down 30%
Jun 09Redsun Services Group's (HKG:1971) Anemic Earnings Might Be Worse Than You Think
Apr 27Redsun Services Group Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Mar 26Should You Buy Redsun Services Group Limited (HKG:1971) For Its Dividend?
Mar 25Can Redsun Services Group Limited's (HKG:1971) ROE Continue To Surpass The Industry Average?
Jan 20
Revenue & Expenses BreakdownBeta
How Redsun Services 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 | 1,064 | 11 | 109 | 0 |
| 30 Sep 23 | 1,078 | 43 | 119 | 0 |
| 30 Jun 23 | 1,093 | 76 | 129 | 0 |
| 31 Mar 23 | 1,098 | 84 | 134 | 0 |
| 31 Dec 22 | 1,103 | 92 | 140 | 0 |
| 30 Sep 22 | 1,129 | 115 | 133 | 0 |
| 30 Jun 22 | 1,155 | 137 | 126 | 0 |
| 31 Mar 22 | 1,142 | 133 | 132 | 0 |
| 31 Dec 21 | 1,130 | 128 | 138 | 0 |
| 30 Sep 21 | 1,052 | 117 | 132 | 0 |
| 30 Jun 21 | 974 | 106 | 125 | 0 |
| 31 Mar 21 | 871 | 88 | 116 | 0 |
| 31 Dec 20 | 768 | 70 | 107 | 0 |
| 30 Sep 20 | 696 | 65 | 97 | 0 |
| 30 Jun 20 | 625 | 60 | 86 | 0 |
| 31 Mar 20 | 564 | 59 | 69 | 0 |
| 31 Dec 19 | 503 | 59 | 51 | 0 |
| 31 Dec 18 | 349 | 33 | 25 | 0 |
| 31 Dec 17 | 257 | 29 | 18 | 0 |
Quality Earnings: 1971 has a large one-off loss of CN¥110.8M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 1971's current net profit margins (1%) are lower than last year (8.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1971's earnings have grown by 4.7% per year over the past 5 years.
Accelerating Growth: 1971's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1971 had negative earnings growth (-88.2%) over the past year, making it difficult to compare to the Real Estate industry average (-2.9%).
Return on Equity
High ROE: 1971's Return on Equity (1.6%) is considered low.