EFuture Information Technology Inc Stock Upgraded (EFUT)
- The revenue growth came in higher than the industry average of 5.9%. Since the same quarter one year prior, revenues rose by 19.9%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- EFUT has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Despite the fact that EFUT's debt-to-equity ratio is low, the quick ratio, which is currently 0.65, displays a potential problem in covering short-term cash needs.
- E-FUTURE INFORMATION TECH has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. This company has not demonstrated a clear trend in earnings over the past two years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, E-FUTURE INFORMATION TECH continued to lose money by earning -$0.18 versus -$0.94 in the prior year.
- Net operating cash flow has significantly decreased to $0.23 million or 55.62% when compared to the same quarter last year. In addition, when comparing the cash generation rate to the industry average, the firm's growth is significantly lower.
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Software industry. The net income has significantly decreased by 1001.4% when compared to the same quarter one year ago, falling from -$0.07 million to -$0.82 million.
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