China Information Technology Development Past Earnings Performance
Past criteria checks 0/6
China Information Technology Development has been growing earnings at an average annual rate of 4.7%, while the Software industry saw earnings growing at 21.8% annually. Revenues have been growing at an average rate of 4.2% per year.
Key information
4.7%
Earnings growth rate
24.5%
EPS growth rate
| Software Industry Growth | 23.5% |
| Revenue growth rate | 4.2% |
| Return on equity | -8.8% |
| Net Margin | -42.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Would China Information Technology Development (HKG:8178) Be Better Off With Less Debt?
Apr 16
Would China Information Technology Development (HKG:8178) Be Better Off With Less Debt?
Dec 18Is China Information Technology Development (HKG:8178) A Risky Investment?
Aug 14Is China Information Technology Development (HKG:8178) A Risky Investment?
Mar 31Is China Information Technology Development (HKG:8178) Weighed On By Its Debt Load?
Sep 08Is China Information Technology Development (HKG:8178) Using Debt In A Risky Way?
Apr 05Does China Information Technology Development (HKG:8178) Have A Healthy Balance Sheet?
Dec 22
Revenue & Expenses Breakdown
How China Information Technology Development 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 | 49 | -21 | 49 | 0 |
| 30 Sep 23 | 60 | -72 | 58 | 0 |
| 30 Jun 23 | 69 | -65 | 45 | 0 |
| 31 Mar 23 | 75 | -81 | 51 | 0 |
| 31 Dec 22 | 59 | -83 | 48 | 0 |
| 30 Sep 22 | 76 | -91 | 59 | 0 |
| 30 Jun 22 | 67 | -103 | 63 | 0 |
| 31 Mar 22 | 62 | -90 | 53 | 0 |
| 31 Dec 21 | 66 | -90 | 50 | 0 |
| 30 Sep 21 | 50 | -20 | 41 | 0 |
| 30 Jun 21 | 50 | -4 | 37 | 0 |
| 31 Mar 21 | 54 | -5 | 37 | 0 |
| 31 Dec 20 | 46 | -10 | 36 | 0 |
| 30 Sep 20 | 63 | -32 | 36 | 0 |
| 30 Jun 20 | 62 | -43 | 41 | 0 |
| 31 Mar 20 | 63 | -94 | 55 | 0 |
| 31 Dec 19 | 64 | -81 | 56 | 0 |
| 30 Sep 19 | 48 | -113 | 54 | 0 |
| 30 Jun 19 | 51 | -118 | 53 | 0 |
| 31 Mar 19 | 52 | -70 | 41 | 0 |
| 31 Dec 18 | 52 | -75 | 47 | 0 |
| 30 Sep 18 | 59 | -39 | 55 | 0 |
| 30 Jun 18 | 55 | -72 | 93 | 0 |
| 31 Mar 18 | 54 | -125 | 137 | 0 |
| 31 Dec 17 | 49 | -112 | 134 | 0 |
| 30 Sep 17 | 42 | -122 | 130 | 0 |
| 30 Jun 17 | 32 | -77 | 91 | 0 |
| 31 Mar 17 | 24 | -27 | 65 | 0 |
| 31 Dec 16 | 14 | -48 | 61 | 0 |
| 30 Sep 16 | 20 | -75 | 59 | 0 |
| 30 Jun 16 | 23 | -101 | 56 | 0 |
| 31 Mar 16 | 23 | -111 | 35 | 0 |
| 31 Dec 15 | 28 | -105 | 35 | 0 |
| 30 Sep 15 | 27 | -56 | 31 | 0 |
| 30 Jun 15 | 28 | -28 | 29 | 0 |
| 31 Mar 15 | 26 | -12 | 25 | 0 |
| 31 Dec 14 | 23 | -12 | 24 | 0 |
| 30 Sep 14 | 20 | -21 | 24 | 0 |
| 30 Jun 14 | 19 | -20 | 21 | 0 |
| 31 Mar 14 | 15 | -27 | 17 | 0 |
| 31 Dec 13 | 18 | -20 | 19 | 0 |
| 30 Sep 13 | 42 | -1 | 25 | 0 |
| 30 Jun 13 | 47 | -2 | 29 | 0 |
Quality Earnings: 8178 is currently unprofitable.
Growing Profit Margin: 8178 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 8178 is unprofitable, but has reduced losses over the past 5 years at a rate of 4.7% per year.
Accelerating Growth: Unable to compare 8178's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 8178 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (69.9%).
Return on Equity
High ROE: 8178 has a negative Return on Equity (-8.77%), as it is currently unprofitable.