Solareast Holdings Past Earnings Performance
Past criteria checks 1/6
Solareast Holdings has been growing earnings at an average annual rate of 61%, while the Electrical industry saw earnings growing at 12.3% annually. Revenues have been growing at an average rate of 8% per year. Solareast Holdings's return on equity is 4.9%, and it has net margins of 4.3%.
Key information
61.0%
Earnings growth rate
61.1%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 8.0% |
| Return on equity | 4.9% |
| Net Margin | 4.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Solareast Holdings 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 Dec 23 | 4,842 | 209 | 1,119 | 181 |
| 30 Sep 23 | 4,690 | 415 | 938 | 182 |
| 30 Jun 23 | 4,220 | 374 | 909 | 177 |
| 31 Mar 23 | 4,126 | 309 | 941 | 169 |
| 31 Dec 22 | 3,897 | 259 | 943 | 170 |
| 30 Sep 22 | 4,048 | 165 | 976 | 175 |
| 30 Jun 22 | 4,092 | 155 | 988 | 166 |
| 31 Mar 22 | 4,139 | 173 | 1,017 | 157 |
| 31 Dec 21 | 4,206 | 213 | 1,007 | 155 |
| 30 Sep 21 | 4,038 | 160 | 984 | 133 |
| 30 Jun 21 | 3,970 | 176 | 992 | 129 |
| 31 Mar 21 | 3,808 | 181 | 918 | 131 |
| 31 Dec 20 | 3,543 | 170 | 851 | 116 |
| 30 Sep 20 | 3,398 | 110 | 886 | 78 |
| 30 Jun 20 | 3,270 | 96 | 870 | 80 |
| 31 Mar 20 | 3,170 | 73 | 877 | 70 |
| 31 Dec 19 | 3,366 | 83 | 945 | 82 |
| 30 Sep 19 | 3,238 | -405 | 973 | 77 |
| 30 Jun 19 | 3,298 | -461 | 1,024 | 74 |
| 31 Mar 19 | 3,203 | -497 | 1,021 | 81 |
| 31 Dec 18 | 3,177 | -492 | 1,045 | 78 |
| 30 Sep 18 | 3,132 | -69 | 1,052 | 81 |
| 30 Jun 18 | 3,008 | -37 | 983 | 103 |
| 31 Mar 18 | 3,015 | 21 | 1,024 | 87 |
| 31 Dec 17 | 2,784 | 55 | 909 | 64 |
| 30 Sep 17 | 2,610 | 103 | 829 | 42 |
| 30 Jun 17 | 2,462 | 185 | 781 | 0 |
| 31 Mar 17 | 2,231 | 216 | 690 | 0 |
| 31 Dec 16 | 2,352 | 244 | 719 | 0 |
| 30 Sep 16 | 2,437 | 353 | 726 | 0 |
| 30 Jun 16 | 2,495 | 340 | 751 | 0 |
| 31 Mar 16 | 2,701 | 282 | 860 | 0 |
| 31 Dec 15 | 2,595 | 269 | 835 | 0 |
| 30 Sep 15 | 2,769 | 61 | 865 | 0 |
| 30 Jun 15 | 2,789 | 106 | 812 | 0 |
| 31 Mar 15 | 2,867 | 184 | 726 | 0 |
| 31 Dec 14 | 3,050 | 215 | 755 | 0 |
| 30 Sep 14 | 2,827 | 331 | 698 | 0 |
| 30 Jun 14 | 2,933 | 318 | 716 | 0 |
| 31 Mar 14 | 3,107 | 321 | 746 | 0 |
| 31 Dec 13 | 3,088 | 308 | 722 | 0 |
| 30 Sep 13 | 3,287 | 392 | 707 | 0 |
| 30 Jun 13 | 3,286 | 385 | 698 | 0 |
Quality Earnings: 603366 has a large one-off loss of CN¥138.1M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 603366's current net profit margins (4.3%) are lower than last year (6.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603366 has become profitable over the past 5 years, growing earnings by 61% per year.
Accelerating Growth: 603366's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603366 had negative earnings growth (-19.5%) over the past year, making it difficult to compare to the Electrical industry average (-0.7%).
Return on Equity
High ROE: 603366's Return on Equity (4.9%) is considered low.