Streamax Technology Co., Ltd.

SZSE:002970 Stock Report

Market Cap: CN¥5.3b

Streamax Technology Past Earnings Performance

Past criteria checks 1/6

Streamax Technology's earnings have been declining at an average annual rate of -48.3%, while the Auto Components industry saw earnings growing at 6.4% annually. Revenues have been growing at an average rate of 2.9% per year. Streamax Technology's return on equity is 1.1%, and it has net margins of 1.2%.

Key information

-48.3%

Earnings growth rate

-53.2%

EPS growth rate

Auto Components Industry Growth3.8%
Revenue growth rate2.9%
Return on equity1.1%
Net Margin1.2%
Last Earnings Update30 Sep 2023

Recent past performance updates

Recent updates

Streamax Technology Co., Ltd.'s (SZSE:002970) Popularity With Investors Is Under Threat From Overpricing

Feb 28
Streamax Technology Co., Ltd.'s (SZSE:002970) Popularity With Investors Is Under Threat From Overpricing

Revenue & Expenses Breakdown
Beta

How Streamax Technology makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:002970 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 231,64319433264
30 Jun 231,533-7405257
31 Mar 231,500-64395268
31 Dec 221,384-147394282
30 Sep 221,393-107369264
30 Jun 221,496-101380277
31 Mar 221,702-8386278
01 Jan 221,71331378268
30 Sep 211,867154352258
30 Jun 211,836202320241
31 Mar 211,638200302227
31 Dec 201,609235287211
30 Sep 201,614219307202
30 Jun 201,523200306191
31 Mar 201,527193296176
31 Dec 191,564195304170
30 Sep 191,460203419242
30 Jun 191,409205265140
31 Mar 191,237155238130
31 Dec 181,183151216123
31 Dec 1785211614499
31 Dec 165886912666
31 Dec 15405557346
31 Dec 14408401000
31 Dec 1339038880

Quality Earnings: 002970 has a large one-off gain of CN¥5.4M impacting its last 12 months of financial results to 30th September, 2023.

Growing Profit Margin: 002970 became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002970's earnings have declined by 48.3% per year over the past 5 years.

Accelerating Growth: 002970 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 002970 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: 002970's Return on Equity (1.1%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.