Flying Technology Past Earnings Performance
Past criteria checks 3/6
Flying Technology's earnings have been declining at an average annual rate of -8.4%, while the Machinery industry saw earnings growing at 9.5% annually. Revenues have been growing at an average rate of 9.2% per year. Flying Technology's return on equity is 7.1%, and it has net margins of 15.2%.
Key information
-8.4%
Earnings growth rate
-9.1%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 9.2% |
| Return on equity | 7.1% |
| Net Margin | 15.2% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Flying Technology 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 | 487 | 74 | 39 | 19 |
| 31 Dec 23 | 503 | 82 | 37 | 19 |
| 30 Sep 23 | 509 | 54 | 39 | 19 |
| 30 Jun 23 | 525 | 58 | 37 | 19 |
| 31 Mar 23 | 521 | 57 | 36 | 19 |
| 31 Dec 22 | 499 | 41 | 36 | 20 |
| 30 Sep 22 | 490 | 62 | 37 | 22 |
| 30 Jun 22 | 482 | 57 | 38 | 20 |
| 31 Mar 22 | 479 | 62 | 37 | 19 |
| 31 Dec 21 | 485 | 72 | 38 | 18 |
| 30 Sep 21 | 473 | 88 | 25 | 16 |
| 30 Jun 21 | 462 | 101 | 28 | 16 |
| 31 Mar 21 | 438 | 109 | 28 | 17 |
| 31 Dec 20 | 407 | 104 | 29 | 15 |
| 30 Sep 20 | 387 | 99 | 42 | 13 |
| 30 Jun 20 | 373 | 95 | 40 | 13 |
| 31 Mar 20 | 354 | 83 | 41 | 11 |
| 31 Dec 19 | 372 | 86 | 40 | 13 |
| 30 Sep 19 | 353 | 82 | 41 | 12 |
| 30 Jun 19 | 336 | 79 | 39 | 13 |
| 31 Mar 19 | 325 | 75 | 39 | 12 |
| 31 Dec 18 | 314 | 74 | 38 | 12 |
| 30 Sep 18 | 298 | 69 | 36 | 11 |
| 30 Jun 18 | 288 | 69 | 30 | 14 |
| 31 Mar 18 | 278 | 69 | 31 | 12 |
| 31 Dec 17 | 279 | 71 | 34 | 9 |
| 30 Sep 17 | 282 | 70 | 36 | 7 |
| 30 Jun 17 | 284 | 71 | 45 | 0 |
| 31 Mar 17 | 287 | 72 | 53 | 0 |
| 31 Dec 16 | 282 | 73 | 43 | 0 |
| 31 Dec 15 | 297 | 81 | 43 | 0 |
| 31 Dec 14 | 296 | 83 | 42 | 0 |
| 31 Dec 13 | 303 | 88 | 39 | 0 |
Quality Earnings: 603488 has a large one-off gain of CN¥24.4M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 603488's current net profit margins (15.2%) are higher than last year (10.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603488's earnings have declined by 8.4% per year over the past 5 years.
Accelerating Growth: 603488's earnings growth over the past year (30%) exceeds its 5-year average (-8.4% per year).
Earnings vs Industry: 603488 earnings growth over the past year (30%) exceeded the Machinery industry 4.3%.
Return on Equity
High ROE: 603488's Return on Equity (7.1%) is considered low.