Qingdao AInnovation Technology Group Past Earnings Performance
Past criteria checks 0/6
Qingdao AInnovation Technology Group's earnings have been declining at an average annual rate of -14.5%, while the Software industry saw earnings growing at 21.8% annually. Revenues have been growing at an average rate of 36.5% per year.
Key information
-14.5%
Earnings growth rate
2.4%
EPS growth rate
| Software Industry Growth | 23.5% |
| Revenue growth rate | 36.5% |
| Return on equity | -25.6% |
| Net Margin | -33.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
More Unpleasant Surprises Could Be In Store For Qingdao AInnovation Technology Group Co., Ltd.'s (HKG:2121) Shares After Tumbling 26%
Apr 08
Analysts Have Been Trimming Their Qingdao AInnovation Technology Group Co., Ltd. (HKG:2121) Price Target After Its Latest Report
Mar 31Investors Appear Satisfied With Qingdao AInnovation Technology Group Co., Ltd.'s (HKG:2121) Prospects As Shares Rocket 31%
Apr 17Companies Like Qingdao AInnovation Technology Group (HKG:2121) Are In A Position To Invest In Growth
Aug 18Qingdao AInnovation Technology Group (HKG:2121) Is In A Good Position To Deliver On Growth Plans
Apr 29Revenue & Expenses BreakdownBeta
How Qingdao AInnovation Technology 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 | 1,751 | -582 | 706 | 450 |
| 30 Sep 23 | 1,793 | -454 | 643 | 436 |
| 30 Jun 23 | 1,836 | -325 | 579 | 422 |
| 31 Mar 23 | 1,697 | -344 | 554 | 419 |
| 31 Dec 22 | 1,558 | -363 | 530 | 416 |
| 30 Sep 22 | 1,410 | -499 | 565 | 468 |
| 30 Jun 22 | 1,140 | -589 | 605 | 426 |
| 31 Mar 22 | 1,001 | -613 | 597 | 377 |
| 31 Dec 21 | 861 | -637 | 589 | 328 |
| 30 Sep 21 | 718 | -562 | 528 | 244 |
| 31 Dec 20 | 462 | -361 | 275 | 182 |
| 31 Dec 19 | 229 | -244 | 208 | 113 |
| 31 Dec 18 | 41 | -77 | 78 | 31 |
Quality Earnings: 2121 is currently unprofitable.
Growing Profit Margin: 2121 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2121 is unprofitable, and losses have increased over the past 5 years at a rate of 14.5% per year.
Accelerating Growth: Unable to compare 2121's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 2121 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (69.9%).
Return on Equity
High ROE: 2121 has a negative Return on Equity (-25.64%), as it is currently unprofitable.