Wellchange Holdings Past Earnings Performance
Past criteria checks 1/6
Wellchange Holdings has been growing earnings at an average annual rate of 20.1%, while the Software industry saw earnings growing at 20% annually. Revenues have been growing at an average rate of 49% per year. Wellchange Holdings's return on equity is 47%, and it has net margins of 37.7%.
Key information
20.1%
Earnings growth rate
20.1%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 49.0% |
| Return on equity | 47.0% |
| Net Margin | 37.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Wellchange Holdings 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 | 2 | 1 | 1 | 0 |
| 30 Sep 23 | 2 | 1 | 1 | 0 |
| 30 Jun 23 | 2 | 1 | 0 | 0 |
| 31 Mar 23 | 2 | 1 | 0 | 0 |
| 31 Dec 22 | 2 | 1 | 0 | 0 |
| 31 Dec 21 | 1 | 0 | 0 | 0 |
Quality Earnings: WCT has a high level of non-cash earnings.
Growing Profit Margin: WCT's current net profit margins (37.7%) are lower than last year (46.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if WCT's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare WCT's past year earnings growth to its 5-year average.
Earnings vs Industry: WCT earnings growth over the past year (20.1%) did not outperform the Software industry 24.3%.
Return on Equity
High ROE: WCT's Return on Equity (47%) is considered outstanding.