IBO Technology Past Earnings Performance

Past criteria checks 0/6

IBO Technology's earnings have been declining at an average annual rate of -66.8%, while the Electronic industry saw earnings growing at 4.4% annually. Revenues have been growing at an average rate of 25.2% per year.

Key information

-66.8%

Earnings growth rate

-58.9%

EPS growth rate

Electronic Industry Growth	4.8%
Revenue growth rate	25.2%
Return on equity	-93.1%
Net Margin	-52.2%
Last Earnings Update	30 Sep 2023

Recent past performance updates

Investors Shouldn't Be Too Comfortable With IBO Technology's (HKG:2708) Robust Earnings

Dec 30

Recent updates

IBO Technology (HKG:2708) Has A Pretty Healthy Balance Sheet

Feb 23

Investors Shouldn't Be Too Comfortable With IBO Technology's (HKG:2708) Robust Earnings

Dec 30

Shareholders Will Likely Find IBO Technology Company Limited's (HKG:2708) CEO Compensation Acceptable

Sep 23

IBO Technology (HKG:2708) Has A Somewhat Strained Balance Sheet

Feb 27

Trade Alert: The Chairman Of IBO Technology Company Limited (HKG:2708), Tse Ming Lai, Has Just Spent CN¥75m Buying 22% More Shares

Feb 09

Revenue & Expenses Breakdown
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How IBO Technology makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SEHK:2708 Revenue, expenses and earnings (CNY Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Sep 23	740	-386	365	49
30 Jun 23	824	-315	317	44
31 Mar 23	907	-244	270	40
31 Dec 22	1,027	-113	185	23
30 Sep 22	1,146	18	99	7
30 Jun 22	1,096	16	106	10
31 Mar 22	1,046	15	112	13
31 Dec 21	841	-4	105	14
30 Sep 21	636	-22	99	16
30 Jun 21	598	-32	85	15
31 Mar 21	560	-42	71	14
31 Dec 20	497	-56	78	9
30 Sep 20	433	-69	85	4
30 Jun 20	460	-61	85	4
31 Mar 20	488	-53	85	4
31 Dec 19	428	-21	71	7
30 Sep 19	369	12	56	9
30 Jun 19	334	23	56	7
31 Mar 19	299	34	55	5
31 Dec 18	299	41	48	4
30 Sep 18	299	49	40	4
30 Jun 18	256	42	29	3
31 Mar 18	213	35	17	2
31 Dec 17	186	36	14	2
30 Sep 17	159	37	10	2
30 Jun 17	132	33	10	1
31 Mar 17	104	29	9	1
31 Mar 16	57	25	6	1
31 Mar 15	29	10	7	1

Quality Earnings: 2708 is currently unprofitable.

Growing Profit Margin: 2708 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 2708 is unprofitable, and losses have increased over the past 5 years at a rate of 66.8% per year.

Accelerating Growth: Unable to compare 2708's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2708 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-17.9%).

Return on Equity

High ROE: 2708 has a negative Return on Equity (-93.13%), as it is currently unprofitable.

IBO Technology Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

First half 2024 earnings released: CN¥0.20 loss per share (vs CN¥0.012 profit in 1H 2023)

IBO Technology Company Limited to Report First Half, 2024 Results on Nov 30, 2023

Full year 2023 earnings released: CN¥0.38 loss per share (vs CN¥0.027 profit in FY 2022)

IBO Technology Company Limited to Report Fiscal Year 2023 Results on Jun 30, 2023

Investors Shouldn't Be Too Comfortable With IBO Technology's (HKG:2708) Robust Earnings

First half 2023 earnings released: EPS: CN¥0.012 (vs CN¥0.008 in 1H 2022)

Recent updates

IBO Technology Company Limited Announces Resignation of Luk Hong Man, Hammond as an Independent Non-Executive Director and A Member of Each of the Audit Committee and the Remuneration Committee

Co-Chief Executive Officer recently sold HK$398k worth of stock

New major risk - Market cap size

Less than half of directors are independent

First half 2024 earnings released: CN¥0.20 loss per share (vs CN¥0.012 profit in 1H 2023)

IBO Technology Company Limited Provides Update Announcement in Relation to Petition

IBO Technology Company Limited has filed a Follow-on Equity Offering in the amount of HKD 249 million.

Executive Chairman recently sold HK$251k worth of stock

IBO Technology Company Limited Announces Board and Committee Changes

IBO Technology Company Limited to Report First Half, 2024 Results on Nov 30, 2023

Executive Chairman recently sold HK$165k worth of stock

Executive Chairman recently sold HK$117k worth of stock

Ibo Technology Company Limited Provides Update in Relation to the Petition

Executive Chairman recently sold HK$195k worth of stock

IBO Technology Company Limited Announces Appointment of Mr. Zhang Yaoliang as Executive Director

Executive Chairman recently sold HK$4.0m worth of stock

IBO Technology Company Limited Announces Management Changes

IBO Technology Company Limited Announces Board and Committee Changes

IBO Technology Company Limited Appoints Zhong Zhi Xiong as Co-Chief Executive Officer

Full year 2023 earnings released: CN¥0.38 loss per share (vs CN¥0.027 profit in FY 2022)

IBO Technology Company Limited, Annual General Meeting, Sep 20, 2023

New minor risk - Financial data availability

New minor risk - Share price stability

New minor risk - Market cap size

IBO Technology Company Limited to Report Fiscal Year 2023 Results on Jun 30, 2023

Investor sentiment deteriorates as stock falls 16%

IBO Technology Company Limited announced that it expects to receive CNY 36.0356 million in funding

Investor sentiment improves as stock rises 16%

IBO Technology (HKG:2708) Has A Pretty Healthy Balance Sheet

Investor sentiment deteriorates as stock falls 20%

Insider recently sold HK$1.9m worth of stock

Investor sentiment improves as stock rises 25%

Key Executive recently sold HK$442k worth of stock

Investor sentiment deteriorated over the past week

Investors Shouldn't Be Too Comfortable With IBO Technology's (HKG:2708) Robust Earnings

Investor sentiment deteriorated over the past week

Key Executive recently sold HK$1.6m worth of stock

First half 2023 earnings released: EPS: CN¥0.012 (vs CN¥0.008 in 1H 2022)

IBO Technology Company Limited to Report First Half, 2023 Results on Nov 30, 2022

Less than half of directors are independent

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Full year 2022 earnings released: EPS: CN¥0.027 (vs CN¥0.098 loss in FY 2021)

Full year 2022 earnings released

IBO Technology Company Limited, Annual General Meeting, Sep 20, 2022

IBO Technology Company Limited to Report Fiscal Year 2022 Results on Jun 30, 2022

Less than half of directors are independent

Executive Chairman exercised options to buy HK$49m worth of stock.

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Key Executive recently sold HK$2.8m worth of stock

Shareholders Will Likely Find IBO Technology Company Limited's (HKG:2708) CEO Compensation Acceptable

Key Executive recently sold HK$340k worth of stock

Key Executive recently sold HK$515k worth of stock

Full year 2021 earnings released

Key Executive exercised options to buy HK$15m worth of stock.

IBO Technology Company Limited has completed a Follow-on Equity Offering in the amount of HKD 77.49 million.

Executive Director has left the company

IBO Technology (HKG:2708) Has A Somewhat Strained Balance Sheet

Chairman recently sold HK$170m worth of stock

IBO Technology Company Limited Announces Resignation of Sun Qing as Non-Executive Director

Non-Executive Director has left the company

Trade Alert: The Chairman Of IBO Technology Company Limited (HKG:2708), Tse Ming Lai, Has Just Spent CN¥75m Buying 22% More Shares

New 90-day high: HK$2.63

The Trends At IBO Technology (HKG:2708) That You Should Know About

New 90-day low: HK$2.14

How Is IBO Technology's (HKG:2708) CEO Paid Relative To Peers?

Revenue & Expenses Breakdown
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