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Modern Innovative Digital Technology Company (HKSE:02322) Revenue : HK$92.60 Mil (TTM As of Sep. 2024)


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What is Modern Innovative Digital Technology Company Revenue?

Modern Innovative Digital Technology Company's revenue for the six months ended in Sep. 2024 was HK$35.64 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2024 was HK$92.60 Mil. Modern Innovative Digital Technology Company's Revenue per Share for the six months ended in Sep. 2024 was HK$0.01. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was HK$0.02.

Warning Sign:

Modern Innovative Digital Technology Company Ltd revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Modern Innovative Digital Technology Company was -36.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was -24.70% per year. During the past 5 years, the average Revenue per Share Growth Rate was -1.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was -14.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Modern Innovative Digital Technology Company's highest 3-Year average Revenue per Share Growth Rate was 181.70% per year. The lowest was -63.70% per year. And the median was -13.20% per year.


Modern Innovative Digital Technology Company Revenue Historical Data

The historical data trend for Modern Innovative Digital Technology Company's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Modern Innovative Digital Technology Company Revenue Chart

Modern Innovative Digital Technology Company Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 238.52 337.85 169.39 198.92 144.95

Modern Innovative Digital Technology Company Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 138.36 60.57 88.00 56.95 35.64

Competitive Comparison of Modern Innovative Digital Technology Company's Revenue

For the Conglomerates subindustry, Modern Innovative Digital Technology Company's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Modern Innovative Digital Technology Company's Revenue Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Modern Innovative Digital Technology Company's Revenue distribution charts can be found below:

* The bar in red indicates where Modern Innovative Digital Technology Company's Revenue falls into.


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Modern Innovative Digital Technology Company Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$92.60 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Modern Innovative Digital Technology Company  (HKSE:02322) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Modern Innovative Digital Technology Company Revenue Related Terms

Thank you for viewing the detailed overview of Modern Innovative Digital Technology Company's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Modern Innovative Digital Technology Company Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Suite 2202, 22nd Floor, China Resources Building, Wanchai, Hong Kong, HKG
Modern Innovative Digital Technology Company Ltd formerly, Hong Kong ChaoShang Group Ltd is an investment holding company. It is engaged in Trading, Money lending & factoring segment, Finance leasing, and Finance Services. The trading segment is a key revenue driver, involved in the trading of goods in the PRC and Hong Kong. Money lending includes the provision of loan and factoring financing in Hong Kong and the PRC whereas, the finance leasing segment is engaged in the provision of finance leasing and sale-leaseback in the PRC. The financial services segment engaged in the provision of securities dealing broking, placing, underwriting, margin financing, and asset management services in Hong Kong. Geographically, it generates the majority of its revenue from the PRC.
Executives
Lau Hoi Kit 2101 Beneficial owner
Superb Smart Limited 2101 Beneficial owner
Zheng Juhua 2201 Interest of corporation controlled by you

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