Welife Technology (HKSE:01703) 3-Year Revenue Growth Rate : -25.90% (As of Mar. 2023)

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What is Welife Technology 3-Year Revenue Growth Rate?

Welife Technology's Revenue per Share for the six months ended in Mar. 2023 was HK$0.17.

During the past 12 months, Welife Technology's average Revenue per Share Growth Rate was 3.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was -25.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was -26.60% 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 the average Revenue per Share growth rate.

During the past 8 years, the highest 3-Year average Revenue per Share Growth Rate of Welife Technology was 22.10% per year. The lowest was -38.20% per year. And the median was -25.90% per year.

Competitive Comparison of Welife Technology's 3-Year Revenue Growth Rate

For the Restaurants subindustry, Welife Technology's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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.

Welife Technology's 3-Year Revenue Growth Rate Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Welife Technology's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Welife Technology's 3-Year Revenue Growth Rate falls into.

Welife Technology 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

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 the average Revenue per Share growth rate.

Welife Technology (HKSE:01703) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

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 per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Welife Technology 3-Year Revenue Growth Rate Related Terms

Thank you for viewing the detailed overview of Welife Technology's 3-Year Revenue Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Welife Technology (HKSE:01703) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Welife Technology Ltd (HKSE:01703) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

56 Gloucester Road, Flat 2203, 22/F, Bank of East Asia Harbour View Centre, Wan Chai, Hong Kong, HKG

Website

https://www.palace-rest.com.hk

Welife Technology Ltd, formerly Palace Banquet Holdings Ltd is a full-service restaurant group in Hong Kong offering Cantonese dining service and banquet service. It operates under several brand names including Wedding Banquet Specialist, The Palace, Palace One, and Grand Palace.

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