Songz Automobile Air Conditioning Past Earnings Performance
Past criteria checks 1/6
Songz Automobile Air Conditioning's earnings have been declining at an average annual rate of -16.4%, while the Auto Components industry saw earnings growing at 8.4% annually. Revenues have been growing at an average rate of 8.3% per year. Songz Automobile Air Conditioning's return on equity is 3.1%, and it has net margins of 2.4%.
Key information
-16.4%
Earnings growth rate
-16.9%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 8.3% |
| Return on equity | 3.1% |
| Net Margin | 2.4% |
| Next Earnings Update | 29 Aug 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Songz Automobile Air Conditioning 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 | 4,762 | 113 | 374 | 277 |
| 31 Dec 23 | 4,758 | 100 | 371 | 280 |
| 30 Sep 23 | 5,007 | 146 | 359 | 273 |
| 30 Jun 23 | 4,793 | 150 | 374 | 285 |
| 31 Mar 23 | 4,412 | 122 | 361 | 281 |
| 01 Jan 23 | 4,225 | 95 | 367 | 270 |
| 30 Sep 22 | 4,063 | 68 | 329 | 282 |
| 30 Jun 22 | 3,861 | 51 | 389 | 261 |
| 31 Mar 22 | 4,065 | 103 | 401 | 267 |
| 01 Jan 22 | 4,124 | 113 | 387 | 253 |
| 30 Sep 21 | 4,021 | 199 | 332 | 234 |
| 30 Jun 21 | 3,925 | 268 | 311 | 220 |
| 31 Mar 21 | 3,800 | 274 | 330 | 208 |
| 31 Dec 20 | 3,384 | 247 | 328 | 205 |
| 30 Sep 20 | 3,223 | 149 | 524 | 193 |
| 30 Jun 20 | 3,094 | 121 | 492 | 194 |
| 31 Mar 20 | 3,031 | 85 | 489 | 212 |
| 31 Dec 19 | 3,406 | 176 | 513 | 212 |
| 30 Sep 19 | 3,476 | 286 | 487 | 248 |
| 30 Jun 19 | 3,624 | 235 | 533 | 240 |
| 31 Mar 19 | 3,663 | 231 | 522 | 237 |
| 31 Dec 18 | 3,688 | 176 | 546 | 237 |
| 30 Sep 18 | 4,218 | 268 | 569 | 227 |
| 30 Jun 18 | 4,254 | 322 | 450 | 295 |
| 31 Mar 18 | 4,109 | 331 | 508 | 239 |
| 31 Dec 17 | 4,172 | 366 | 514 | 200 |
| 30 Sep 17 | 3,712 | 239 | 498 | 107 |
| 30 Jun 17 | 3,495 | 236 | 588 | 0 |
| 31 Mar 17 | 3,511 | 251 | 567 | 0 |
| 31 Dec 16 | 3,235 | 234 | 537 | 0 |
| 30 Sep 16 | 3,267 | 275 | 560 | 0 |
| 30 Jun 16 | 3,191 | 289 | 527 | 0 |
| 31 Mar 16 | 3,119 | 295 | 517 | 0 |
| 31 Dec 15 | 3,001 | 310 | 497 | 0 |
| 30 Sep 15 | 2,634 | 265 | 483 | 0 |
| 30 Jun 15 | 2,587 | 269 | 432 | 0 |
| 31 Mar 15 | 2,605 | 284 | 444 | 0 |
| 31 Dec 14 | 2,527 | 276 | 436 | 0 |
| 30 Sep 14 | 2,493 | 284 | 455 | 0 |
| 30 Jun 14 | 2,407 | 265 | 501 | 0 |
| 31 Mar 14 | 2,146 | 253 | 422 | 0 |
| 31 Dec 13 | 1,968 | 240 | 406 | 0 |
| 30 Sep 13 | 1,715 | 166 | 351 | 0 |
Quality Earnings: 002454 has high quality earnings.
Growing Profit Margin: 002454's current net profit margins (2.4%) are lower than last year (2.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002454's earnings have declined by 16.4% per year over the past 5 years.
Accelerating Growth: 002454's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002454 had negative earnings growth (-7.3%) over the past year, making it difficult to compare to the Auto Components industry average (30%).
Return on Equity
High ROE: 002454's Return on Equity (3.1%) is considered low.