Apex Ace Holding Past Earnings Performance

Past criteria checks 0/6

Apex Ace Holding's earnings have been declining at an average annual rate of -45.2%, while the Electronic industry saw earnings growing at 3.9% annually. Revenues have been declining at an average rate of 0.8% per year.

Key information

-45.2%

Earnings growth rate

-44.4%

EPS growth rate

Electronic Industry Growth	4.8%
Revenue growth rate	-0.8%
Return on equity	-3.1%
Net Margin	-0.6%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Apex Ace Holding (HKG:6036) Will Be Hoping To Turn Its Returns On Capital Around

Mar 25

Apex Ace Holding (HKG:6036) Seems To Use Debt Quite Sensibly

Dec 10

Revenue & Expenses Breakdown

How Apex Ace Holding makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SEHK:6036 Revenue, expenses and earnings (HKD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	2,530	-16	136
30 Sep 23	2,257	-36	133
30 Jun 23	1,984	-57	130
31 Mar 23	2,336	-45	128
31 Dec 22	2,689	-32	127
30 Sep 22	2,770	-23	143
30 Jun 22	2,851	-13	160
31 Mar 22	2,746	-3	180
31 Dec 21	2,640	7	201
30 Sep 21	2,550	14	191
30 Jun 21	2,459	20	182
31 Mar 21	2,108	8	161
31 Dec 20	1,756	-5	140
30 Sep 20	1,814	-8	145
30 Jun 20	1,871	-10	150
31 Mar 20	1,904	-14	151
31 Dec 19	1,937	-17	152
30 Sep 19	2,175	-11	138
30 Jun 19	2,414	-5	123
31 Mar 19	3,066	9	123
31 Dec 18	3,718	23	124
30 Sep 18	3,770	32	116
30 Jun 18	3,667	41	103
31 Mar 18	3,253	38	90
31 Dec 17	2,840	35	77
30 Sep 17	2,556	40	65
31 Dec 16	1,702	40	39
31 Dec 15	1,121	24	26
31 Dec 14	780	11	24

Quality Earnings: 6036 is currently unprofitable.

Growing Profit Margin: 6036 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 6036 is unprofitable, and losses have increased over the past 5 years at a rate of 45.2% per year.

Accelerating Growth: Unable to compare 6036's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 6036 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-17.9%).

Return on Equity

High ROE: 6036 has a negative Return on Equity (-3.1%), as it is currently unprofitable.

Apex Ace Holding Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2023 earnings released: HK$0.015 loss per share (vs HK$0.031 loss in FY 2022)

Apex Ace Holding Limited to Report Fiscal Year 2023 Results on Mar 27, 2024

First half 2023 earnings released: HK$0.017 loss per share (vs HK$0.006 profit in 1H 2022)

Apex Ace Holding Limited to Report First Half, 2023 Results on Aug 30, 2023

Full year 2022 earnings released: HK$0.031 loss per share (vs HK$0.007 profit in FY 2021)

First half 2022 earnings released: EPS: HK$0.006 (vs HK$0.027 in 1H 2021)

Recent updates

Apex Ace Holding Limited, Annual General Meeting, May 21, 2024

Now 21% undervalued after recent price drop

Full year 2023 earnings released: HK$0.015 loss per share (vs HK$0.031 loss in FY 2022)

Apex Ace Holding Limited to Report Fiscal Year 2023 Results on Mar 27, 2024

First half 2023 earnings released: HK$0.017 loss per share (vs HK$0.006 profit in 1H 2022)

Apex Ace Holding Limited to Report First Half, 2023 Results on Aug 30, 2023

Is Apex Ace Holding (HKG:6036) A Risky Investment?

Full year 2022 earnings released: HK$0.031 loss per share (vs HK$0.007 profit in FY 2021)

Is Apex Ace Holding (HKG:6036) A Risky Investment?

Insufficient new directors

First half 2022 earnings released: EPS: HK$0.006 (vs HK$0.027 in 1H 2021)

Apex Ace Holding Limited to Report First Half, 2022 Results on Aug 26, 2022

Apex Ace Holding Limited Provides Earnings Guidance for the Six Months 30 June 2022

Apex Ace Holding Limited, Annual General Meeting, Jun 29, 2022

Apex Ace Holding Limited has completed a Follow-on Equity Offering in the amount of HKD 26.224 million.

Apex Ace Holding (HKG:6036) Has A Somewhat Strained Balance Sheet

Insufficient new directors

Insufficient new directors

Full year 2021 earnings released: EPS: HK$0.007 (vs HK$0.005 loss in FY 2020)

Apex Ace Holding (HKG:6036) Will Want To Turn Around Its Return Trends

Apex Ace Holding Limited Announces Change of Company Secretary and Authorised Representative

Apex Ace Holding's (HKG:6036) Solid Profits Have Weak Fundamentals

First half 2021 earnings released: EPS HK$0.027 (vs HK$0.001 in 1H 2020)

Apex Ace Holding Limited Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2021

Financial Controller has left the company

Full year 2020 earnings released: HK$0.005 loss per share (vs HK$0.017 loss in FY 2019)

Full year 2020 earnings released: HK$0.005 loss per share (vs HK$0.017 loss in FY 2019)

Apex Ace Holding (HKG:6036) Will Be Hoping To Turn Its Returns On Capital Around

Apex Ace Holding Limited to Report Fiscal Year 2020 Results on Mar 26, 2021

New 90-day high: HK$0.22

Apex Ace Holding Limited Announces Executive Changes

Apex Ace Holding (HKG:6036) Seems To Use Debt Quite Sensibly

Apex Ace Holding Limited (SEHK:6036) entered into a share purchase agreement to acquire 60% stake in Dream Venus Ltd from Shen Yemeng for CNY 40 million.

First half earnings released

Earnings released

Apex Ace Holding Limited to Report First Half, 2020 Results on Aug 21, 2020

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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