Shenzhen VMAX New Energy Past Earnings Performance
Past criteria checks 4/6
Shenzhen VMAX New Energy has been growing earnings at an average annual rate of 53.7%, while the Auto Components industry saw earnings growing at 8.2% annually. Revenues have been growing at an average rate of 39.2% per year. Shenzhen VMAX New Energy's return on equity is 15.1%, and it has net margins of 9%.
Key information
53.7%
Earnings growth rate
52.0%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 39.2% |
| Return on equity | 15.1% |
| Net Margin | 9.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Shenzhen VMAX New Energy 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 Mar 24 | 5,846 | 528 | 283 | 298 |
| 31 Dec 23 | 5,523 | 502 | 267 | 269 |
| 30 Sep 23 | 4,869 | 368 | 255 | 257 |
| 30 Jun 23 | 4,585 | 382 | 237 | 225 |
| 31 Mar 23 | 4,201 | 326 | 226 | 205 |
| 31 Dec 22 | 3,833 | 295 | 215 | 191 |
| 31 Dec 21 | 1,695 | 75 | 135 | 146 |
| 31 Dec 20 | 657 | 6 | 86 | 77 |
| 31 Dec 18 | 616 | 69 | 57 | 57 |
| 31 Dec 17 | 425 | 16 | 59 | 41 |
| 31 Dec 16 | 257 | 24 | 20 | 26 |
Quality Earnings: 688612 has a high level of non-cash earnings.
Growing Profit Margin: 688612's current net profit margins (9%) are higher than last year (7.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688612's earnings have grown significantly by 53.7% per year over the past 5 years.
Accelerating Growth: 688612's earnings growth over the past year (62.3%) exceeds its 5-year average (53.7% per year).
Earnings vs Industry: 688612 earnings growth over the past year (62.3%) exceeded the Auto Components industry 28.1%.
Return on Equity
High ROE: 688612's Return on Equity (15.1%) is considered low.