VT Industrial TechnologyLtd Past Earnings Performance
Past criteria checks 1/6
VT Industrial TechnologyLtd's earnings have been declining at an average annual rate of -9%, while the Auto Components industry saw earnings growing at 6.4% annually. Revenues have been growing at an average rate of 15.6% per year. VT Industrial TechnologyLtd's return on equity is 3%, and it has net margins of 3.1%.
Key information
-9.0%
Earnings growth rate
-9.0%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 15.6% |
| Return on equity | 3.0% |
| Net Margin | 3.1% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How VT Industrial TechnologyLtd 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 |
|---|---|---|---|---|
| 30 Sep 23 | 826 | 26 | 102 | 30 |
| 30 Jun 23 | 825 | 40 | 95 | 28 |
| 31 Mar 23 | 759 | 38 | 83 | 27 |
| 31 Dec 22 | 823 | 58 | 88 | 27 |
| 30 Sep 22 | 865 | 69 | 84 | 28 |
| 30 Jun 22 | 765 | 56 | 81 | 31 |
| 31 Mar 22 | 789 | 53 | 78 | 33 |
| 01 Jan 22 | 721 | 49 | 79 | 32 |
| 30 Sep 21 | 580 | 21 | 20 | 29 |
| 30 Jun 21 | 610 | 28 | 42 | 24 |
| 31 Mar 21 | 592 | 26 | 72 | 21 |
| 31 Dec 20 | 555 | 32 | 82 | 20 |
| 30 Sep 20 | 531 | 45 | 146 | 19 |
| 30 Jun 20 | 457 | 40 | 127 | 20 |
| 31 Mar 20 | 410 | 43 | 104 | 20 |
| 31 Dec 19 | 403 | 37 | 100 | 20 |
| 30 Sep 19 | 393 | 30 | 97 | 21 |
| 30 Jun 19 | 408 | 41 | 96 | 20 |
| 31 Mar 19 | 470 | 64 | 102 | 20 |
| 31 Dec 18 | 509 | 83 | 99 | 19 |
| 30 Sep 18 | 508 | 93 | 92 | 18 |
| 30 Jun 18 | 542 | 103 | 91 | 22 |
| 31 Mar 18 | 502 | 101 | 84 | 17 |
| 31 Dec 17 | 437 | 85 | 84 | 13 |
| 30 Sep 17 | 400 | 81 | 80 | 9 |
| 31 Mar 17 | 315 | 53 | 75 | 0 |
| 31 Dec 16 | 317 | 54 | 69 | 0 |
| 31 Dec 15 | 236 | 36 | 49 | 0 |
| 31 Dec 14 | 163 | 31 | 37 | 0 |
| 31 Dec 13 | 122 | 23 | 27 | 0 |
Quality Earnings: 300707 has high quality earnings.
Growing Profit Margin: 300707's current net profit margins (3.1%) are lower than last year (8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300707's earnings have declined by 9% per year over the past 5 years.
Accelerating Growth: 300707's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 300707 had negative earnings growth (-63.2%) over the past year, making it difficult to compare to the Auto Components industry average (28.9%).
Return on Equity
High ROE: 300707's Return on Equity (3%) is considered low.