Weimob Past Earnings Performance

Past criteria checks 0/6

Weimob's earnings have been declining at an average annual rate of -25.7%, while the Software industry saw earnings growing at 15.9% annually. Revenues have been growing at an average rate of 7.4% per year.

Key information

-25.7%

Earnings growth rate

-21.4%

EPS growth rate

Software Industry Growth	23.5%
Revenue growth rate	7.4%
Return on equity	-34.3%
Net Margin	-45.4%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Weimob makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SHSC:2013 Revenue, expenses and earnings (CNY Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	1,886	-857	1,924
31 Mar 24	2,057	-808	2,110
31 Dec 23	2,228	-758	2,296
30 Sep 23	2,188	-1,215	2,398
30 Jun 23	2,149	-1,672	2,701
31 Mar 23	1,994	-1,750	2,752
31 Dec 22	1,839	-1,828	2,803
30 Sep 22	1,873	-1,324	2,664
30 Jun 22	1,907	-820	2,696
31 Mar 22	1,937	-782	2,578
31 Dec 21	1,967	-745	2,460
30 Sep 21	1,969	-946	2,131
30 Jun 21	1,971	-1,147	1,801
31 Mar 21	1,970	-1,152	1,491
31 Dec 20	1,969	-1,157	1,181
30 Sep 20	1,853	-839	1,057
30 Jun 20	1,737	-521	933
31 Mar 20	1,587	-104	891
31 Dec 19	1,437	312	848
30 Sep 19	1,313	64	765
30 Jun 19	1,190	-183	681
31 Mar 19	1,031	-957	638
31 Dec 18	865	-1,089	541
30 Sep 18	760	-852	487
30 Jun 18	654	-614	432
31 Mar 18	617	14	383
31 Dec 17	534	3	359
31 Dec 16	189	-77	253
31 Dec 15	114	-89	188

Quality Earnings: 2013 is currently unprofitable.

Growing Profit Margin: 2013 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 2013 is unprofitable, and losses have increased over the past 5 years at a rate of 25.7% per year.

Accelerating Growth: Unable to compare 2013's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2013 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (16.9%).

Return on Equity

High ROE: 2013 has a negative Return on Equity (-34.31%), as it is currently unprofitable.

Weimob Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

First half 2024 earnings released: CN¥0.19 loss per share (vs CN¥0.17 loss in 1H 2023)

Weimob Inc. to Report First Half, 2024 Results on Aug 21, 2024

Full year 2023 earnings released

Weimob Inc. to Report Fiscal Year 2023 Results on Mar 28, 2024

First half 2023 earnings released: CN¥0.17 loss per share (vs CN¥0.24 loss in 1H 2022)

First half 2023 earnings released: CN¥0.17 loss per share (vs CN¥0.24 loss in 1H 2022)

Recent updates

New major risk - Share price stability

Weimob Inc. announced that it expects to receive $90 million in funding

First half 2024 earnings released: CN¥0.19 loss per share (vs CN¥0.17 loss in 1H 2023)

Forecast breakeven date pushed back to 2026

Weimob Inc. Announces Change of Executive Director

Weimob Inc. to Report First Half, 2024 Results on Aug 21, 2024

Now 33% undervalued after recent price drop

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

New minor risk - Shareholder dilution

Weimob Inc., Annual General Meeting, May 10, 2024

New minor risk - Share price stability

Full year 2023 earnings released

Weimob Inc. to Report Fiscal Year 2023 Results on Mar 28, 2024

Founder recently bought HK$4.8m worth of stock

Less than half of directors are independent

Now 26% undervalued after recent price drop

Weimob Inc. Announces Board Changes

First half 2023 earnings released: CN¥0.17 loss per share (vs CN¥0.24 loss in 1H 2022)

Forecast to breakeven in 2025

First half 2023 earnings released: CN¥0.17 loss per share (vs CN¥0.24 loss in 1H 2022)

Weimob Inc. to Report First Half, 2023 Results on Aug 15, 2023

Weimob Inc., Annual General Meeting, Jun 21, 2023

Now 20% undervalued after recent price drop

Now 20% undervalued after recent price drop

Weimob Inc. Announces Board Changes

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Full year 2022 earnings released: CN¥0.73 loss per share (vs CN¥0.33 loss in FY 2021)

Weimob Inc. has completed a Follow-on Equity Offering in the amount of HKD 1.58968 billion.

Less than half of directors are independent

First half 2022 earnings released: EPS: CN¥0 (vs CN¥0.24 loss in 1H 2021)

Weimob Inc. to Report First Half, 2022 Results on Aug 15, 2022

Full year 2021 earnings released: CN¥0.33 loss per share (vs CN¥0.52 loss in FY 2020)

Less than half of directors are independent

Full year 2021 earnings released: CN¥0.33 loss per share (vs CN¥0.52 loss in FY 2020)

First half 2021 earnings released: CN¥0.24 loss per share (vs CN¥0.24 loss in 1H 2020)

Weimob Inc. (SEHK:2013) commences an Equity Buyback Plan for 243,159,743 shares, representing 10% of its issued share capital, under the authorization approved on June 29, 2021.

First half 2021 earnings released: CN¥0.24 loss per share (vs CN¥0.24 loss in 1H 2020)

Weimob Inc. has completed a Follow-on Equity Offering in the amount of HKD 2.34 billion.

Full year 2020 earnings released: CN¥0.52 loss per share (vs CN¥0.15 profit in FY 2019)

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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