Sincere Company Past Earnings Performance

Past criteria checks 0/6

Sincere Company has been growing earnings at an average annual rate of 22.3%, while the Multiline Retail industry saw earnings growing at 4.3% annually. Revenues have been declining at an average rate of 17.1% per year.

Key information

22.3%

Earnings growth rate

33.4%

EPS growth rate

Multiline Retail Industry Growth	-29.1%
Revenue growth rate	-17.1%
Return on equity	-41.1%
Net Margin	-34.5%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenues Not Telling The Story For The Sincere Company, Limited (HKG:244)

Sep 14

Revenue & Expenses Breakdown
Beta

How Sincere Company makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SEHK:244 Revenue, expenses and earnings (HKD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	146	-50	117
30 Sep 23	149	-44	119
30 Jun 23	152	-38	121
31 Mar 23	149	-49	128
31 Dec 22	147	-59	134
31 Dec 21	168	-91	155
31 Aug 21	176	-134	180
31 May 21	177	-139	185
28 Feb 21	177	-145	190
30 Nov 20	192	-141	198
31 Aug 20	207	-137	206
31 May 20	235	-142	229
29 Feb 20	263	-147	253
30 Nov 19	284	-147	269
31 Aug 19	304	-146	285
31 May 19	308	-139	287
28 Feb 19	312	-132	289
30 Nov 18	327	-119	294
31 Aug 18	343	-106	299
31 May 18	349	-98	306
28 Feb 18	356	-90	312
30 Nov 17	359	-90	312
31 Aug 17	363	-91	313
31 May 17	369	-92	321
28 Feb 17	375	-93	329
30 Nov 16	384	-119	348
31 Aug 16	393	-144	366
31 May 16	388	-163	373
29 Feb 16	384	-182	381
30 Nov 15	376	-164	379
31 Aug 15	367	-146	376
31 May 15	369	-134	380
28 Feb 15	370	-123	384
30 Nov 14	378	-122	394
31 Aug 14	386	-121	404
31 May 14	415	-103	398
28 Feb 14	444	-85	393
31 Aug 13	498	-11	358
31 May 13	498	2	345

Quality Earnings: 244 is currently unprofitable.

Growing Profit Margin: 244 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 244 is unprofitable, but has reduced losses over the past 5 years at a rate of 22.3% per year.

Accelerating Growth: Unable to compare 244's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 244 is unprofitable, making it difficult to compare its past year earnings growth to the Multiline Retail industry (11.7%).

Return on Equity

High ROE: 244 has a negative Return on Equity (-41.11%), as it is currently unprofitable.

Sincere Company Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2023 earnings released: HK$0.038 loss per share (vs HK$0.045 loss in FY 2022)

The Sincere Company, Limited to Report Fiscal Year 2023 Results on Mar 25, 2024

First half 2023 earnings released

The Sincere Company, Limited to Report First Half, 2023 Results on Aug 28, 2023

Full year 2022 earnings released: HK$0.045 loss per share (vs HK$0.073 loss in FY 2021)

The Sincere Company, Limited to Report First Half, 2022 Results on Aug 26, 2022

Recent updates

Full year 2023 earnings released: HK$0.038 loss per share (vs HK$0.045 loss in FY 2022)

The Sincere Company, Limited, Annual General Meeting, Jun 06, 2024

The Sincere Company, Limited to Report Fiscal Year 2023 Results on Mar 25, 2024

New minor risk - Share price stability

First half 2023 earnings released

Revenues Not Telling The Story For The Sincere Company, Limited (HKG:244)

New major risk - Financial position

The Sincere Company, Limited Provides Earning Guidance for Six Months Ended 30 June 2023

The Sincere Company, Limited to Report First Half, 2023 Results on Aug 28, 2023

the Sincere Company, Limited Announces Retirement of Yuan Baoyu as Independent Non-Executive Director

Full year 2022 earnings released: HK$0.045 loss per share (vs HK$0.073 loss in FY 2021)

Less than half of directors are independent

The Sincere Company, Limited Provides Consolidated Earnings Guidance for the First Half of 2022

The Sincere Company, Limited to Report First Half, 2022 Results on Aug 26, 2022

Full year 2021 earnings released: HK$0.072 loss per share (vs HK$0.13 loss in FY 2020)

Less than half of directors are independent

The Sincere Company, Limited, Annual General Meeting, Jun 09, 2022

The Sincere Company, Limited Provides Earnings Guidance for the Ten Months from 1 March 2021 to 31 December 2021

First half 2022 earnings: Revenues and EPS in line with analyst expectations

First half 2022 earnings released: HK$0.05 loss per share (vs HK$0.068 loss in 1H 2021)

Acting Company Secretary & Executive Director Chu Kin Chan has left the company

Independent Non Executive Director Kai Kin Lo has left the company

Independent Non Executive Director Wai Leung Lau has left the company

Independent Non-Executive Director Peter Tan has left the company

Independent Non Executive Director King Wing Ma has left the company

Full year 2021 earnings released: HK$0.14 loss per share (vs HK$0.17 loss in FY 2020)

Non-Executive Director Man Wai Chan has left the company

Independent Non Executive Director recently sold HK$79k worth of stock

New 90-day low: HK$0.30

New 90-day high: HK$0.40

First half 2021 earnings released: HK$0.068 loss per share

The Sincere Company, Limited to Report First Half, 2021 Results on Oct 29, 2020

New 90-day low: HK$0.32

New 90-day low - HK$0.36

Ma King Huen Philip, Chief Executive Officer and Executive Director and Chan Man Wai Charles, non-Executive Director of The Sincere Company cancelled the acquisition of additional 3.52% stake in The Sincere Company, Limited (SEHK:244).

New 90-day high - HK$0.39

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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