Shanghai SK Automation Technology Past Earnings Performance
Past criteria checks 1/6
Shanghai SK Automation Technology's earnings have been declining at an average annual rate of -44.7%, while the Auto Components industry saw earnings growing at 6.4% annually. Revenues have been growing at an average rate of 43.8% per year. Shanghai SK Automation Technology's return on equity is 8.4%, and it has net margins of 1.6%.
Key information
-44.7%
Earnings growth rate
-47.8%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 43.8% |
| Return on equity | 8.4% |
| Net Margin | 1.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Shanghai SK Automation Technology makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 2,448 | 40 | 216 | 146 |
| 30 Sep 23 | 2,446 | -41 | 231 | 171 |
| 30 Jun 23 | 2,569 | -52 | 238 | 190 |
| 31 Mar 23 | 2,106 | -98 | 190 | 199 |
| 31 Dec 22 | 1,805 | -94 | 172 | 206 |
| 30 Sep 22 | 1,495 | -28 | 170 | 168 |
| 30 Jun 22 | 989 | -39 | 148 | 144 |
| 31 Mar 22 | 1,242 | 73 | 144 | 122 |
| 31 Dec 21 | 1,102 | 70 | 141 | 99 |
| 30 Sep 21 | 936 | 99 | 102 | 73 |
| 30 Jun 21 | 823 | 102 | 95 | 62 |
| 31 Mar 21 | 591 | 77 | 65 | 53 |
| 31 Dec 20 | 502 | 61 | 59 | 54 |
| 30 Sep 20 | 568 | 125 | 47 | 56 |
| 30 Jun 20 | 487 | 106 | 47 | 55 |
| 31 Mar 20 | 381 | 75 | 44 | 53 |
| 31 Dec 19 | 365 | 72 | 44 | 47 |
| 31 Dec 18 | 325 | 28 | 41 | 34 |
| 31 Dec 17 | 291 | 8 | 59 | 23 |
Quality Earnings: 688155 has a large one-off loss of CN¥58.6M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 688155 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688155's earnings have declined by 44.7% per year over the past 5 years.
Accelerating Growth: 688155 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 688155 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Auto Components industry (28.9%).
Return on Equity
High ROE: 688155's Return on Equity (8.4%) is considered low.