Renco Holdings Group Past Earnings Performance

Past criteria checks 0/6

Renco Holdings Group has been growing earnings at an average annual rate of 18.6%, while the Electronic industry saw earnings growing at 2.7% annually. Revenues have been growing at an average rate of 2.6% per year.

Key information

18.6%

Earnings growth rate

21.6%

EPS growth rate

Electronic Industry Growth	4.8%
Revenue growth rate	2.6%
Return on equity	n/a
Net Margin	-77.8%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Renco Holdings Group Limited (HKG:2323) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely

Nov 18

Renco Holdings Group Limited's (HKG:2323) Shares Climb 56% But Its Business Is Yet to Catch Up

Oct 04

Renco Holdings Group Limited (HKG:2323) May Have Run Too Fast Too Soon With Recent 38% Price Plummet

Jul 14

There's Reason For Concern Over Renco Holdings Group Limited's (HKG:2323) Massive 100% Price Jump

May 05

Renco Holdings Group Limited (HKG:2323) Stock Rockets 38% But Many Are Still Ignoring The Company

Mar 01

Market Might Still Lack Some Conviction On Renco Holdings Group Limited (HKG:2323) Even After 31% Share Price Boost

Dec 25

If You Had Bought Renco Holdings Group's (HKG:2323) Shares Three Years Ago You Would Be Down 90%

Nov 23

Revenue & Expenses Breakdown

How Renco Holdings Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SEHK:2323 Revenue, expenses and earnings (HKD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	254	-198	77
31 Mar 24	256	-287	75
31 Dec 23	258	-376	73
30 Sep 23	293	-349	80
30 Jun 23	328	-322	88
31 Mar 23	342	-394	92
31 Dec 22	356	-466	96
30 Sep 22	408	-499	96
30 Jun 22	460	-533	95
31 Mar 22	497	-492	96
31 Dec 21	535	-452	97
30 Sep 21	501	-673	121
30 Jun 21	466	-894	145
31 Mar 21	372	-962	145
31 Dec 20	278	-1,030	145
30 Sep 20	194	-847	210
30 Jun 20	111	-665	274
31 Mar 20	160	-662	268
31 Dec 19	209	-659	261
30 Sep 19	312	-631	196
30 Jun 19	415	-603	132
31 Mar 19	402	-516	162
31 Dec 18	389	-428	193
30 Sep 18	725	-89	229
30 Jun 18	1,062	249	265
31 Mar 18	1,205	353	247
31 Dec 17	1,347	456	228
30 Sep 17	1,157	330	218
30 Jun 17	966	204	208
31 Mar 17	885	191	206
31 Dec 16	803	177	203
30 Sep 16	662	77	180
30 Jun 16	521	-23	156
31 Mar 16	544	-3	155
31 Dec 15	567	18	153
30 Sep 15	576	-29	145
30 Jun 15	586	-76	136
31 Mar 15	598	-119	136
31 Dec 14	610	-162	135
30 Sep 14	642	-127	132
30 Jun 14	673	-91	129
31 Mar 14	697	-91	136
31 Dec 13	720	-90	142

Quality Earnings: 2323 is currently unprofitable.

Growing Profit Margin: 2323 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 2323 is unprofitable, but has reduced losses over the past 5 years at a rate of 18.6% per year.

Accelerating Growth: Unable to compare 2323's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2323 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (11.7%).

Return on Equity

High ROE: 2323's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

Renco Holdings Group Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

First half 2024 earnings released: EPS: HK$0.009 (vs HK$0.058 loss in 1H 2023)

Renco Holdings Group Limited to Report First Half, 2024 Results on Aug 30, 2024

Full year 2023 earnings released: HK$0.14 loss per share (vs HK$0.19 loss in FY 2022)

Renco Holdings Group Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

First half 2023 earnings released: HK$0.058 loss per share (vs HK$0.13 loss in 1H 2022)

Renco Holdings Group Limited to Report First Half, 2023 Results on Aug 30, 2023

Recent updates

Renco Holdings Group Limited (HKG:2323) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely

Renco Holdings Group Limited's (HKG:2323) Shares Climb 56% But Its Business Is Yet to Catch Up

Renco Holdings Group Limited Announces CFO Changes

First half 2024 earnings released: EPS: HK$0.009 (vs HK$0.058 loss in 1H 2023)

Less than half of directors are independent

Renco Holdings Group Limited to Report First Half, 2024 Results on Aug 30, 2024

Renco Holdings Group Limited (HKG:2323) May Have Run Too Fast Too Soon With Recent 38% Price Plummet

There's Reason For Concern Over Renco Holdings Group Limited's (HKG:2323) Massive 100% Price Jump

Renco Holdings Group Limited, Annual General Meeting, Jun 24, 2024

Full year 2023 earnings released: HK$0.14 loss per share (vs HK$0.19 loss in FY 2022)

Renco Holdings Group Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

Renco Holdings Group Limited (HKG:2323) Stock Rockets 38% But Many Are Still Ignoring The Company

Market Might Still Lack Some Conviction On Renco Holdings Group Limited (HKG:2323) Even After 31% Share Price Boost

Does Renco Holdings Group (HKG:2323) Have A Healthy Balance Sheet?

New major risk - Share price stability

Renco Holdings Group Limited Announces Resignation of Hung Yeung Alvi as Executive Director,Chairman of Executive Committee and Member of the Independent Investigation Committee

Health Check: How Prudently Does Renco Holdings Group (HKG:2323) Use Debt?

First half 2023 earnings released: HK$0.058 loss per share (vs HK$0.13 loss in 1H 2022)

Renco Holdings Group Limited to Report First Half, 2023 Results on Aug 30, 2023

Full year 2022 earnings released: HK$0.19 loss per share (vs HK$0.20 loss in FY 2021)

Renco Holdings Group Limited Announces Redesignation of Li Yongjun from A Non-Executive Director to an Executive Director with Effect from 17 February 2023

Less than half of directors are independent

Is Renco Holdings Group (HKG:2323) Weighed On By Its Debt Load?

First half 2022 earnings released: HK$0.13 loss per share (vs HK$0.098 loss in 1H 2021)

Renco Holdings Group Limited Provides Earnings Forecasts for the Six Months Ended 30 June 2022

Less than half of directors are independent

Renco Holdings Group Limited to Report First Half, 2022 Results on Aug 29, 2022

Renco Holdings Group Limited Appoints Xing Mengwei as Chief Executive Officer

Renco Holdings Group Limited Announces Board Changes

Renco Holdings Group Limited has completed a Follow-on Equity Offering in the amount of HKD 44 million.

Full year 2021 earnings released: HK$0.20 loss per share (vs HK$0.47 loss in FY 2020)

Renco Holdings Group Limited, Annual General Meeting, Jul 15, 2022

Now 20% undervalued

Does Renco Holdings Group (HKG:2323) Have A Healthy Balance Sheet?

Full year 2021 earnings released: HK$0.21 loss per share (vs HK$0.47 loss in FY 2020)

Calculating The Intrinsic Value Of Renco Holdings Group Limited (HKG:2323)

Would Renco Holdings Group (HKG:2323) Be Better Off With Less Debt?

First half 2021 earnings released: HK$0.098 loss per share (vs HK$0.16 loss in 1H 2020)

Renco Holdings Group Limited Provides Group Earnings Guidance for the Six Months Ended 30 June 2021

Does Renco Holdings Group (HKG:2323) Have A Healthy Balance Sheet?

Full year 2020 earnings released: HK$0.47 loss per share (vs HK$0.30 loss in FY 2019)

Renco Holdings Group Limited Provides Consolidated Earnings Guidance for the Year Ended 31 December 2020

Renco Holdings Group Limited to Report Fiscal Year 2020 Results on Mar 29, 2021

If You Had Bought Renco Holdings Group's (HKG:2323) Shares Three Years Ago You Would Be Down 90%

Huarong International Financial Holdings Limited (SEHK:993) completed the acquisition of 49.01% stake in Huarong Investment Stock Corporation Limited (SEHK:2277) from Jia Tianjiang, HKBridge Financial Holdings Limited (SEHK:2323) and other shareholders.

New 90-day low: HK$0.39

Huarong International Financial Holdings Limited (SEHK:993) entered into an agreement to acquire 49.01% stake in Huarong Investment Stock Corporation Limited (SEHK:2277) from Jia Tianjiang, HKBridge Financial Holdings Limited (SEHK:2323) and other shareholders for approximately HKD 370 million.

First half earnings released

New 90-day low: HK$0.42

First half earnings released

Renco Holdings Group Limited to Report First Half, 2020 Results on Aug 28, 2020

New 90-day low - HK$0.45

Eternal Glory Holdings Limited acquired additional 12% stake in HKBridge Financial Holdings Limited (SEHK:2323) from Youfu Investment Co., Ltd. for HKD 2.6 million.

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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