Ming Yang Smart Energy Group Past Earnings Performance
Past criteria checks 2/6
Ming Yang Smart Energy Group has been growing earnings at an average annual rate of 16.8%, while the Electrical industry saw earnings growing at 12.5% annually. Revenues have been growing at an average rate of 21.6% per year. Ming Yang Smart Energy Group's return on equity is 3.2%, and it has net margins of 3%.
Key information
16.8%
Earnings growth rate
7.5%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 21.6% |
| Return on equity | 3.2% |
| Net Margin | 3.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Ming Yang Smart Energy Group 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 | 30,176 | 906 | 87 | 26 |
| 31 Dec 23 | 27,859 | 372 | 2,848 | 580 |
| 30 Sep 23 | 30,072 | 1,116 | 2,260 | 702 |
| 30 Jun 23 | 27,099 | 1,660 | 2,317 | 733 |
| 31 Mar 23 | 26,371 | 1,819 | 2,214 | 812 |
| 31 Dec 22 | 30,748 | 3,445 | 2,240 | 820 |
| 30 Sep 22 | 30,391 | 4,504 | 2,243 | 1,126 |
| 30 Jun 22 | 30,259 | 4,515 | 2,216 | 1,037 |
| 31 Mar 22 | 29,981 | 4,284 | 2,108 | 823 |
| 31 Dec 21 | 27,216 | 3,158 | 2,005 | 806 |
| 30 Sep 21 | 25,820 | 2,660 | 1,471 | 804 |
| 30 Jun 21 | 25,331 | 1,934 | 1,566 | 724 |
| 31 Mar 21 | 23,840 | 1,509 | 1,650 | 654 |
| 31 Dec 20 | 22,457 | 1,374 | 1,552 | 587 |
| 30 Sep 20 | 18,409 | 1,132 | 1,887 | 387 |
| 30 Jun 20 | 14,799 | 909 | 1,547 | 321 |
| 31 Mar 20 | 11,725 | 821 | 1,397 | 314 |
| 31 Dec 19 | 10,493 | 713 | 1,344 | 290 |
| 30 Sep 19 | 9,574 | 681 | 1,266 | 233 |
| 30 Jun 19 | 8,374 | 614 | 1,194 | 227 |
| 31 Mar 19 | 8,124 | 570 | 1,098 | 204 |
| 31 Dec 18 | 6,902 | 426 | 1,001 | 191 |
| 30 Sep 18 | 6,043 | 376 | 680 | 426 |
| 30 Jun 18 | 5,433 | 514 | 706 | 354 |
| 31 Mar 18 | 4,469 | 289 | 694 | 303 |
| 31 Dec 17 | 5,298 | 356 | 774 | 254 |
| 31 Dec 16 | 6,520 | 388 | 1,172 | 0 |
Quality Earnings: 601615 has high quality earnings.
Growing Profit Margin: 601615's current net profit margins (3%) are lower than last year (6.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 601615's earnings have grown by 16.8% per year over the past 5 years.
Accelerating Growth: 601615's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 601615 had negative earnings growth (-50.2%) over the past year, making it difficult to compare to the Electrical industry average (0.6%).
Return on Equity
High ROE: 601615's Return on Equity (3.2%) is considered low.