Wecome Intelligent Manufacturing Past Earnings Performance
Past criteria checks 1/6
Wecome Intelligent Manufacturing's earnings have been declining at an average annual rate of -4.3%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 5.7% per year. Wecome Intelligent Manufacturing's return on equity is 4.5%, and it has net margins of 4.6%.
Key information
-4.3%
Earnings growth rate
-8.2%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 5.7% |
| Return on equity | 4.5% |
| Net Margin | 4.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Wecome Intelligent Manufacturing 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 24 | 2,111 | 98 | 286 | 77 |
| 30 Jun 24 | 2,211 | 125 | 298 | 80 |
| 31 Mar 24 | 2,291 | 153 | 297 | 83 |
| 31 Dec 23 | 2,292 | 175 | 296 | 84 |
| 30 Sep 23 | 2,236 | 218 | 266 | 84 |
| 30 Jun 23 | 2,232 | 222 | 266 | 85 |
| 31 Mar 23 | 2,221 | 216 | 269 | 90 |
| 31 Dec 22 | 2,222 | 205 | 264 | 86 |
| 30 Sep 22 | 2,286 | 192 | 271 | 82 |
| 30 Jun 22 | 2,242 | 199 | 238 | 80 |
| 31 Mar 22 | 2,194 | 188 | 244 | 81 |
| 31 Dec 21 | 2,160 | 190 | 251 | 82 |
| 31 Dec 20 | 1,689 | 177 | 271 | 71 |
| 31 Dec 19 | 1,601 | 165 | 275 | 76 |
| 31 Dec 18 | 1,413 | 118 | 259 | 58 |
Quality Earnings: 603070 has high quality earnings.
Growing Profit Margin: 603070's current net profit margins (4.6%) are lower than last year (9.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603070's earnings have declined by 4.3% per year over the past 5 years.
Accelerating Growth: 603070's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603070 had negative earnings growth (-55.2%) over the past year, making it difficult to compare to the Electrical industry average (1.1%).
Return on Equity
High ROE: 603070's Return on Equity (4.5%) is considered low.