Ninebot Past Earnings Performance
Past criteria checks 4/6
Ninebot has been growing earnings at an average annual rate of 57.5%, while the Auto industry saw earnings growing at 14.6% annually. Revenues have been growing at an average rate of 9.2% per year. Ninebot's return on equity is 13.2%, and it has net margins of 6.4%.
Key information
57.5%
Earnings growth rate
60.1%
EPS growth rate
| Auto Industry Growth | 23.3% |
| Revenue growth rate | 9.2% |
| Return on equity | 13.2% |
| Net Margin | 6.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Investors Appear Satisfied With Ninebot Limited's (SHSE:689009) Prospects As Shares Rocket 25%
Apr 29
Analysts Have Made A Financial Statement On Ninebot Limited's (SHSE:689009) First-Quarter Report
Apr 26Here's Why We Think Ninebot (SHSE:689009) Might Deserve Your Attention Today
Apr 25We Think Ninebot's (SHSE:689009) Robust Earnings Are Conservative
Apr 08Is Ninebot Limited (SHSE:689009) Potentially Undervalued?
Mar 19Ninebot Limited (SHSE:689009) Stocks Shoot Up 25% But Its P/E Still Looks Reasonable
Mar 01Ninebot (SHSE:689009) Is Reinvesting At Lower Rates Of Return
Feb 28Revenue & Expenses BreakdownBeta
How Ninebot 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 | 11,123 | 716 | 1,851 | 653 |
| 31 Dec 23 | 10,222 | 598 | 1,700 | 616 |
| 30 Sep 23 | 10,018 | 436 | 1,663 | 645 |
| 30 Jun 23 | 9,684 | 417 | 1,721 | 615 |
| 31 Mar 23 | 9,869 | 430 | 1,615 | 594 |
| 31 Dec 22 | 10,124 | 451 | 1,544 | 583 |
| 30 Sep 22 | 9,576 | 416 | 1,433 | 568 |
| 30 Jun 22 | 9,248 | 412 | 1,251 | 542 |
| 31 Mar 22 | 9,285 | 424 | 1,111 | 517 |
| 31 Dec 21 | 9,146 | 411 | 1,124 | 504 |
| 30 Sep 21 | 8,887 | 377 | 986 | 478 |
| 30 Jun 21 | 8,720 | 412 | 955 | 496 |
| 31 Mar 21 | 7,130 | 209 | 1,007 | 463 |
| 31 Dec 20 | 6,003 | 73 | 863 | 462 |
| 30 Sep 20 | 5,143 | -83 | 863 | 426 |
| 30 Jun 20 | 4,369 | -181 | 797 | 392 |
| 31 Mar 20 | 4,128 | -386 | 734 | 362 |
| 31 Dec 19 | 4,586 | -455 | 696 | 317 |
| 31 Dec 18 | 4,248 | -1,804 | 455 | 123 |
| 31 Dec 17 | 1,381 | -627 | 286 | 91 |
Quality Earnings: 689009 has a large one-off gain of CN¥198.6M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 689009's current net profit margins (6.4%) are higher than last year (4.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 689009 has become profitable over the past 5 years, growing earnings by 57.5% per year.
Accelerating Growth: 689009's earnings growth over the past year (66.4%) exceeds its 5-year average (57.5% per year).
Earnings vs Industry: 689009 earnings growth over the past year (66.4%) exceeded the Auto industry 12.1%.
Return on Equity
High ROE: 689009's Return on Equity (13.2%) is considered low.