BEST Past Earnings Performance

Past criteria checks 0/6

BEST's earnings have been declining at an average annual rate of -23.1%, while the Logistics industry saw earnings growing at 18.8% annually. Revenues have been declining at an average rate of 30.4% per year.

Key information

-23.1%

Earnings growth rate

-22.9%

EPS growth rate

Logistics Industry Growth	19.0%
Revenue growth rate	-30.4%
Return on equity	n/a
Net Margin	-10.0%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

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

Earnings and Revenue History

NYSE:BEST Revenue, expenses and earnings (CNY Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
31 Dec 23	8,316	-830	994	116
30 Sep 23	8,061	-936	976	116
30 Jun 23	7,863	-1,127	1,015	128
31 Mar 23	7,657	-1,310	1,120	140
31 Dec 22	7,744	-1,425	1,127	144
30 Sep 22	-3,495	-580	707	119
30 Jun 22	9,278	-1,551	1,211	168
31 Mar 22	10,445	-1,385	1,147	173
31 Dec 21	11,426	-1,212	1,142	180
30 Sep 21	29,939	-2,191	1,797	230
30 Jun 21	31,103	-2,109	1,827	213
31 Mar 21	8,309	-530	969	125
31 Dec 20	10,528	-1,003	1,103	136
30 Sep 20	28,690	-727	1,124	161
30 Jun 20	33,397	-719	2,122	238
31 Mar 20	30,487	-239	1,269	201
31 Dec 19	10,481	-396	867	147
30 Sep 19	33,444	-277	1,995	239
30 Jun 19	31,888	-325	2,007	218
31 Mar 19	29,832	-399	1,969	207
31 Dec 18	25,116	-107	1,258	185
30 Sep 18	25,456	-621	1,822	155
30 Jun 18	23,622	-1,037	1,941	169
31 Mar 18	21,745	-1,145	1,785	144
31 Dec 17	19,990	-1,228	1,623	139
30 Sep 17	16,543	-5,745	1,467	134
30 Jun 17	13,478	-5,599	1,113	99
31 Mar 17	10,615	-2,829	980	89
31 Dec 16	8,844	-5,610	891	80
31 Dec 15	5,256	-5,352	533	46
31 Dec 14	3,066	-1,292	365	27

Quality Earnings: BEST is currently unprofitable.

Growing Profit Margin: BEST is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BEST is unprofitable, and losses have increased over the past 5 years at a rate of 23.1% per year.

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

Earnings vs Industry: BEST is unprofitable, making it difficult to compare its past year earnings growth to the Logistics industry (-44.8%).

Return on Equity

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

BEST Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2023 earnings released: CN¥41.73 loss per share (vs CN¥72.66 loss in FY 2022)

Third quarter 2023 earnings released: CN¥9.46 loss per share (vs CN¥17.60 loss in 3Q 2022)

Second quarter 2023 earnings released: CN¥8.10 loss per share (vs CN¥15.52 loss in 2Q 2022)

BEST Inc. to Report Q2, 2023 Results on Aug 23, 2023

First quarter 2023 earnings released: CN¥12.42 loss per share (vs CN¥18.40 loss in 1Q 2022)

BEST Inc. to Report Q1, 2023 Results on May 30, 2023

Recent updates

New minor risk - Shareholder dilution

New major risk - Negative shareholders equity

Full year 2023 earnings released: CN¥41.73 loss per share (vs CN¥72.66 loss in FY 2022)

Third quarter 2023 earnings released: CN¥9.46 loss per share (vs CN¥17.60 loss in 3Q 2022)

BEST Receives Notice Regarding NYSE Continued Listing Standards

Shao-Ning Johnny Chou, Mr. George Chow, Denlux Logistics Technology Invest Inc., Alibaba Investment Limited, BJ Russell Holdings Limited and Cainiao Smart Logistics Investment Limited agreed to acquire 51% stake in BEST Inc. (NYSE:BEST) for $27 million.

Second quarter 2023 earnings released: CN¥8.10 loss per share (vs CN¥15.52 loss in 2Q 2022)

BEST Inc. Provides Revenue Guidance for the Full Year 2023

BEST Inc. to Report Q2, 2023 Results on Aug 23, 2023

New minor risk - Share price stability

Best Inc. Enhances Ai Capabilities by Integrating Chatgpt into Qianyi Erp Software

First quarter 2023 earnings released: CN¥12.42 loss per share (vs CN¥18.40 loss in 1Q 2022)

Best Inc. Provides Earnings Guidance for the Full Year of 2023

BEST Inc. Announces Executive Changes

BEST Inc. to Report Q1, 2023 Results on May 30, 2023

Full year 2022 earnings released: CN¥18.13 loss per share (vs CN¥15.61 loss in FY 2021)

Third quarter 2022 earnings released: CN¥4.40 loss per share (vs CN¥8.27 loss in 3Q 2021)

Less than half of directors are independent

BEST Non-GAAP EPS of $0.59, revenue of $285.3M

BEST Receives Notice Regarding NYSE Continued Listing Standards

China's Best gets non-compliance notice from NYSE

BEST Inc. to Report Q3, 2022 Results on Nov 16, 2022

BEST Inc., Annual General Meeting, Nov 09, 2022

BEST notifies 2024 Notes holders of repurchase right

BEST Inc. Announces Not to Provide Guidance Due to Uncertainties Relating to the COVID-19

BEST Non-GAAP EPADS of -$0.54, revenue of $287.6M

BEST Inc. to Report Q2, 2022 Results on Aug 17, 2022

BEST Inc. Not Providing Financial Guidance for the Year 2022

First quarter 2022 earnings released: CN¥4.60 loss per share (vs CN¥2.40 loss in 1Q 2021)

BEST Regains Compliance with NYSE Continued Listing Standards

BEST Inc. to Report Q1, 2022 Results on Jun 08, 2022

BEST Inc. Announces Board Changes

Less than half of directors are independent

Consensus EPS estimates fall by 70%

Full year 2021 earnings: EPS and revenues miss analyst expectations

BEST Inc. Announces Executive Changes

Now 20% undervalued after recent price drop

Estimating The Fair Value Of BEST Inc. (NYSE:BEST)

BEST Inc. Receives Notice Regarding NYSE Continued Listing Standards

Insider notifies of intention to sell stock

J&T Express completed the acquisition of Chinese express delivery business of BEST Inc.

Third quarter 2021 earnings released: CN¥1.65 loss per share (vs CN¥1.64 loss in 3Q 2020)

Insider notifies of intention to sell stock

BEST Inc. Provides Financial Guidance for the Full Fiscal Year of 2021

Second quarter 2021 earnings released

Independent Director Quan Hao has left the company

BEST Inc. Partners with Cainiao to Launch Cross-border Logistics Services from China to Thailand, Vietnam and Cambodia

BEST Inc. Provides Revenue Guidance for the Full Fiscal Year 2021

BEST stock down despite Q1 revenue surging 29.9%

Full year 2020 earnings released: CN¥4.28 loss per share (vs CN¥0.52 loss in FY 2019)

Full year 2020 earnings released: CN¥4.30 loss per share (vs CN¥0.52 loss in FY 2019)

Earnings beat expectations, revenue disappoints

BEST Inc. to Report Q4, 2020 Results on Mar 10, 2021

BEST Inc. (NYSE:BEST) Is Expected To Breakeven In The Near Future

Best Reportedly Weighs Sale in Strategic Review

BEST Inc.: A Long-Term Play

BEST Inc. 2020 Q3 - Results - Earnings Call Presentation

BEST Inc. Unable to Provide Financial Guidance for the Year 2020 and Plans to Resume Providing Financial Guidance in 2021

BEST Q3 2020 Earnings Preview

BEST Inc. Announces Wind Down of Best Store+

BEST Inc. to Report Q3, 2020 Results on Nov 19, 2020

BEST Inc. Launches China-Malaysia Cross-Border E-Commerce Logistics Service in Partnership with Cainiao Ahead of Double 11 Shopping Festival

BEST Inc. Announces Unable to Provide Financial Guidance

BEST Inc. to Report Q2, 2020 Results on Aug 17, 2020

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Revenue & Expenses Breakdown
Beta