Maiyue Technology Past Earnings Performance
Past criteria checks 0/6
Maiyue Technology's earnings have been declining at an average annual rate of -11.9%, while the IT industry saw earnings growing at 6.8% annually. Revenues have been growing at an average rate of 8.7% per year. Maiyue Technology's return on equity is 7.1%, and it has net margins of 8.8%.
Key information
-11.9%
Earnings growth rate
-74.0%
EPS growth rate
| IT Industry Growth | 6.8% |
| Revenue growth rate | 8.7% |
| Return on equity | 7.1% |
| Net Margin | 8.8% |
| Last Earnings Update | 31 Dec 2023 |
Revenue & Expenses BreakdownBeta
How Maiyue 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 | 259 | 23 | 48 | 6 |
| 31 Dec 22 | 243 | 49 | 38 | 6 |
| 31 Dec 21 | 202 | 46 | 34 | 7 |
| 31 Dec 20 | 207 | 39 | 24 | 7 |
Quality Earnings: 2501 has a high level of non-cash earnings.
Growing Profit Margin: 2501's current net profit margins (8.8%) are lower than last year (20.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if 2501's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: 2501's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2501 had negative earnings growth (-53.1%) over the past year, making it difficult to compare to the IT industry average (-6.1%).
Return on Equity
High ROE: 2501's Return on Equity (7.1%) is considered low.