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FTFT

Future FinTech Group Inc

$0.54

Earnings Summary

Revenue
$0.02Mn
Net Profits
$11.5Mn
Net Profit Margins
62357.64%

Highlights

Revenue:

Future FinTech Group Inc’s revenue jumped 178.81% since last year same period to $0.02Mn in the Q1 2022. On a quarterly growth basis, Future FinTech Group Inc has generated -99.85% fall in its revenue since last 3-months.

Net Profits:

Future FinTech Group Inc’s net profit jumped 1542.02% since last year same period to $11.5Mn in the Q1 2022. On a quarterly growth basis, Future FinTech Group Inc has generated 651.71% jump in its net profits since last 3-months.

Net Profit Margins:

Future FinTech Group Inc’s net profit margin jumped 617.2% since last year same period to 62357.64% in the Q1 2022. On a quarterly growth basis, Future FinTech Group Inc has generated 375536.38% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Future FinTech Group Inc post its latest quarter earnings

EPS Estimate Current Year
0

Highlights

EPS Estimate Current Year:

Future FinTech Group Inc’s earning per share (EPS) estimates for the current year stand at 0.

Key Ratios

Key ratios of the Future FinTech Group Inc post its Q1 2022 earnings

Earning Per Share (EPS)
-0.03
Return on Assets (ROA)
-0.12
Return on Equity (ROE)
-0.23
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Future FinTech Group Inc’s earning per share (EPS) fell -70.69% since last year same period to -0.03 in the Q1 2022. This indicates that the Future FinTech Group Inc has generated -70.69% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Future FinTech Group Inc’s return on assets (ROA) stands at -0.12.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Future FinTech Group Inc’s return on equity (ROE) stands at -0.23.

Dividend Per Share (DPS):

Future FinTech Group Inc declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2021-04-15
0
-0.02
-Inf%

Company Information

Future FinTech Group Inc. ('Future FinTech', 'FTFT' or the 'Company') is a leading blockchain e-commerce company and a service provider for financial technology incorporated in Florida. The Company's operations include a blockchain-based online shopping mall platform, Chain Cloud Mall ('CCM'), a cross-border e-commerce platform (NONOGIRL), an incubator for blockchain based application projects. The Company is also engaged in the development of blockchain based e-Commerce technology as well as financial technology.

Organisation
Future FinTech Group Inc
Headquarters
Xian, Shaanxi, China (Mainland)
Employees
32
Industry
Consumer Non-Durables
CEO
Yongke Xue