Kangqiao Service Group Past Earnings Performance
Past criteria checks 1/6
Kangqiao Service Group's earnings have been declining at an average annual rate of -20%, while the Real Estate industry saw earnings declining at 1% annually. Revenues have been growing at an average rate of 9.2% per year. Kangqiao Service Group's return on equity is 6.1%, and it has net margins of 3.1%.
Key information
-20.0%
Earnings growth rate
-38.7%
EPS growth rate
| Real Estate Industry Growth | 2.8% |
| Revenue growth rate | 9.2% |
| Return on equity | 6.1% |
| Net Margin | 3.1% |
| Last Earnings Update | 30 Jun 2024 |
Revenue & Expenses Breakdown
How Kangqiao Service 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 | 976 | 30 | 65 | 0 |
| 31 Mar 24 | 955 | 34 | 68 | 0 |
| 31 Dec 23 | 934 | 38 | 72 | 0 |
| 30 Sep 23 | 900 | 47 | 71 | 0 |
| 30 Jun 23 | 866 | 56 | 71 | 0 |
| 31 Mar 23 | 829 | 55 | 68 | 0 |
| 31 Dec 22 | 793 | 54 | 66 | 0 |
| 30 Sep 22 | 776 | 68 | 69 | 0 |
| 30 Jun 22 | 758 | 82 | 71 | 0 |
| 31 Mar 22 | 771 | 83 | 74 | 0 |
| 31 Dec 21 | 784 | 84 | 77 | 0 |
| 30 Sep 21 | 769 | 89 | 74 | 0 |
| 30 Jun 21 | 755 | 93 | 71 | 0 |
| 31 Mar 21 | 665 | 91 | 61 | 0 |
| 31 Dec 20 | 576 | 88 | 51 | 0 |
| 31 Dec 19 | 363 | 60 | 29 | 0 |
| 31 Dec 18 | 229 | 22 | 24 | 0 |
Quality Earnings: 2205 has high quality earnings.
Growing Profit Margin: 2205's current net profit margins (3.1%) are lower than last year (6.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2205's earnings have declined by 20% per year over the past 5 years.
Accelerating Growth: 2205's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2205 had negative earnings growth (-45.2%) over the past year, making it difficult to compare to the Real Estate industry average (-15.1%).
Return on Equity
High ROE: 2205's Return on Equity (6.1%) is considered low.