Maiyue Technology Past Earnings Performance
Past criteria checks 0/6
Maiyue Technology's earnings have been declining at an average annual rate of -23.1%, while the IT industry saw earnings declining at 2.9% annually. Revenues have been growing at an average rate of 4.1% per year. Maiyue Technology's return on equity is 6%, and it has net margins of 7%.
Key information
-23.1%
Earnings growth rate
-94.0%
EPS growth rate
| IT Industry Growth | 6.8% |
| Revenue growth rate | 4.1% |
| Return on equity | 6.0% |
| Net Margin | 7.0% |
| Last Earnings Update | 30 Jun 2024 |
Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Jun 24 | 261 | 18 | 54 | 6 |
| 31 Mar 24 | 260 | 21 | 51 | 6 |
| 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 (7%) are lower than last year (14.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2501's earnings have declined by 23.1% per year 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 (-48.9%) over the past year, making it difficult to compare to the IT industry average (-13.6%).
Return on Equity
High ROE: 2501's Return on Equity (6%) is considered low.