Nantong Haixing Electronics Past Earnings Performance
Past criteria checks 2/6
Nantong Haixing Electronics has been growing earnings at an average annual rate of 5.9%, while the Electrical industry saw earnings growing at 12.4% annually. Revenues have been growing at an average rate of 12.5% per year. Nantong Haixing Electronics's return on equity is 7%, and it has net margins of 7.9%.
Key information
5.9%
Earnings growth rate
-2.6%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 12.5% |
| Return on equity | 7.0% |
| Net Margin | 7.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Nantong Haixing Electronics 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 | 1,759 | 139 | 104 | 128 |
| 31 Dec 23 | 1,790 | 137 | 108 | 130 |
| 30 Sep 23 | 1,800 | 112 | 115 | 127 |
| 30 Jun 23 | 1,721 | 133 | 104 | 122 |
| 31 Mar 23 | 1,729 | 177 | 98 | 123 |
| 31 Dec 22 | 1,765 | 228 | 97 | 125 |
| 30 Sep 22 | 1,749 | 249 | 103 | 127 |
| 30 Jun 22 | 1,812 | 267 | 103 | 126 |
| 31 Mar 22 | 1,770 | 255 | 100 | 116 |
| 31 Dec 21 | 1,645 | 221 | 96 | 105 |
| 30 Sep 21 | 1,560 | 194 | 84 | 95 |
| 30 Jun 21 | 1,456 | 157 | 86 | 84 |
| 31 Mar 21 | 1,334 | 131 | 85 | 79 |
| 31 Dec 20 | 1,219 | 126 | 76 | 79 |
| 30 Sep 20 | 1,176 | 113 | 95 | 86 |
| 30 Jun 20 | 1,114 | 105 | 96 | 80 |
| 31 Mar 20 | 1,078 | 112 | 93 | 76 |
| 31 Dec 19 | 1,097 | 120 | 97 | 72 |
| 30 Sep 19 | 1,075 | 140 | 95 | 60 |
| 30 Jun 19 | 1,093 | 151 | 91 | 60 |
| 31 Mar 19 | 1,101 | 157 | 115 | 68 |
| 31 Dec 18 | 1,092 | 149 | 93 | 51 |
| 30 Jun 18 | 1,006 | 116 | 59 | 66 |
| 31 Mar 18 | 964 | 94 | 46 | 43 |
| 31 Dec 17 | 960 | 90 | 75 | 43 |
| 31 Dec 16 | 756 | 78 | 60 | 36 |
| 31 Dec 15 | 738 | 74 | 94 | 0 |
| 31 Dec 14 | 755 | 64 | 95 | 0 |
Quality Earnings: 603115 has high quality earnings.
Growing Profit Margin: 603115's current net profit margins (7.9%) are lower than last year (10.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603115's earnings have grown by 5.9% per year over the past 5 years.
Accelerating Growth: 603115's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603115 had negative earnings growth (-21.1%) over the past year, making it difficult to compare to the Electrical industry average (0.6%).
Return on Equity
High ROE: 603115's Return on Equity (7%) is considered low.