Chanjet Information Technology Past Earnings Performance
Past criteria checks 1/6
Chanjet Information Technology's earnings have been declining at an average annual rate of -53.6%, while the Software industry saw earnings growing at 21.8% annually. Revenues have been growing at an average rate of 13.9% per year. Chanjet Information Technology's return on equity is 1.8%, and it has net margins of 2%.
Key information
-53.6%
Earnings growth rate
-53.4%
EPS growth rate
| Software Industry Growth | 23.5% |
| Revenue growth rate | 13.9% |
| Return on equity | 1.8% |
| Net Margin | 2.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Subdued Growth No Barrier To Chanjet Information Technology Company Limited (HKG:1588) With Shares Advancing 29%
Mar 07
Chanjet Information Technology (HKG:1588) Is In A Good Position To Deliver On Growth Plans
Aug 30Here's Why We're Not Too Worried About Chanjet Information Technology's (HKG:1588) Cash Burn Situation
Dec 07We Like These Underlying Return On Capital Trends At Chanjet Information Technology (HKG:1588)
May 16What Kind Of Shareholders Own Chanjet Information Technology Company Limited (HKG:1588)?
Feb 17
Something To Consider Before Buying Chanjet Information Technology Company Limited (HKG:1588) For The 3.6% Dividend
Jan 13Introducing Chanjet Information Technology (HKG:1588), A Stock That Climbed 54% In The Last Year
Dec 18A Look At The Fair Value Of Chanjet Information Technology Company Limited (HKG:1588)
Nov 27Revenue & Expenses BreakdownBeta
How Chanjet Information Technology 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 | 801 | 16 | 404 | 247 |
| 30 Sep 23 | 761 | -50 | 409 | 257 |
| 30 Jun 23 | 721 | -115 | 413 | 266 |
| 31 Mar 23 | 700 | -164 | 404 | 269 |
| 31 Dec 22 | 680 | -212 | 394 | 272 |
| 30 Sep 22 | 695 | -170 | 390 | 265 |
| 30 Jun 22 | 711 | -128 | 386 | 259 |
| 31 Mar 22 | 651 | -156 | 390 | 251 |
| 31 Dec 21 | 590 | -185 | 393 | 243 |
| 30 Sep 21 | 555 | -152 | 363 | 227 |
| 30 Jun 21 | 521 | -120 | 333 | 212 |
| 31 Mar 21 | 515 | -43 | 294 | 187 |
| 31 Dec 20 | 509 | 33 | 254 | 162 |
| 30 Sep 20 | 459 | 26 | 261 | 150 |
| 30 Jun 20 | 408 | 18 | 268 | 139 |
| 31 Mar 20 | 436 | 55 | 282 | 139 |
| 31 Dec 19 | 463 | 92 | 296 | 139 |
| 30 Sep 19 | 453 | 101 | 287 | 133 |
| 30 Jun 19 | 442 | 111 | 278 | 128 |
| 31 Mar 19 | 435 | 109 | 285 | 118 |
| 31 Dec 18 | 429 | 107 | 291 | 107 |
| 30 Sep 18 | 447 | 186 | 303 | 98 |
| 30 Jun 18 | 465 | 266 | 316 | 88 |
| 31 Mar 18 | 482 | 245 | 320 | 98 |
| 31 Dec 17 | 499 | 225 | 325 | 107 |
| 30 Sep 17 | 488 | 95 | 336 | 127 |
| 30 Jun 17 | 477 | -35 | 347 | 147 |
| 31 Mar 17 | 454 | -79 | 373 | 153 |
| 31 Dec 16 | 431 | -123 | 399 | 159 |
| 30 Sep 16 | 410 | -145 | 427 | 156 |
| 30 Jun 16 | 390 | -168 | 455 | 153 |
| 31 Mar 16 | 368 | -120 | 402 | 139 |
| 31 Dec 15 | 346 | -73 | 348 | 125 |
| 30 Sep 15 | 342 | 5 | 288 | 110 |
| 30 Jun 15 | 339 | 83 | 227 | 94 |
| 31 Mar 15 | 337 | 93 | 219 | 85 |
| 31 Dec 14 | 335 | 102 | 211 | 75 |
| 30 Sep 14 | 335 | 108 | 199 | 69 |
| 30 Jun 14 | 335 | 115 | 187 | 63 |
| 31 Mar 14 | 324 | 118 | 175 | 62 |
| 31 Dec 13 | 312 | 121 | 164 | 61 |
Quality Earnings: 1588 has a large one-off gain of CN¥40.2M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 1588 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1588's earnings have declined by 53.6% per year over the past 5 years.
Accelerating Growth: 1588 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 1588 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (69.9%).
Return on Equity
High ROE: 1588's Return on Equity (1.8%) is considered low.