SEC Electric Machinery Past Earnings Performance
Past criteria checks 1/6
SEC Electric Machinery's earnings have been declining at an average annual rate of -44.8%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 2% per year. SEC Electric Machinery's return on equity is 2.9%, and it has net margins of 2.9%.
Key information
-44.8%
Earnings growth rate
-44.9%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 2.0% |
| Return on equity | 2.9% |
| Net Margin | 2.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Investors Can Find Comfort In SEC Electric Machinery's (SHSE:603988) Earnings Quality
Nov 06
SEC Electric Machinery's (SHSE:603988) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 05Recent updates
Subdued Growth No Barrier To SEC Electric Machinery Co., Ltd. (SHSE:603988) With Shares Advancing 28%
Nov 10Investors Can Find Comfort In SEC Electric Machinery's (SHSE:603988) Earnings Quality
Nov 06SEC Electric Machinery Co., Ltd.'s (SHSE:603988) 42% Share Price Surge Not Quite Adding Up
Sep 25Here's What's Concerning About SEC Electric Machinery's (SHSE:603988) Returns On Capital
Sep 23SEC Electric Machinery Co., Ltd. (SHSE:603988) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
Aug 10SEC Electric Machinery (SHSE:603988) Will Be Hoping To Turn Its Returns On Capital Around
Apr 24SEC Electric Machinery's (SHSE:603988) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 05Revenues Not Telling The Story For SEC Electric Machinery Co., Ltd. (SHSE:603988)
Mar 06Revenue & Expenses Breakdown
How SEC Electric Machinery 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 | 659 | 19 | 98 | 23 |
| 30 Jun 24 | 658 | 8 | 102 | 22 |
| 31 Mar 24 | 686 | 21 | 101 | 24 |
| 31 Dec 23 | 757 | 43 | 108 | 27 |
| 30 Sep 23 | 831 | 22 | 110 | 38 |
| 30 Jun 23 | 822 | 27 | 116 | 37 |
| 31 Mar 23 | 847 | 42 | 111 | 39 |
| 31 Dec 22 | 860 | 52 | 112 | 34 |
| 30 Sep 22 | 820 | 69 | 105 | 27 |
| 30 Jun 22 | 860 | 26 | 99 | 27 |
| 31 Mar 22 | 871 | -1 | 111 | 25 |
| 31 Dec 21 | 819 | 40 | 108 | 27 |
| 30 Sep 21 | 799 | 10 | 103 | 26 |
| 30 Jun 21 | 854 | 30 | 119 | 29 |
| 31 Mar 21 | 877 | 129 | 92 | 29 |
| 31 Dec 20 | 856 | 171 | 88 | 29 |
| 30 Sep 20 | 846 | 232 | 91 | 29 |
| 30 Jun 20 | 720 | 267 | 70 | 25 |
| 31 Mar 20 | 597 | 191 | 75 | 22 |
| 31 Dec 19 | 608 | 113 | 74 | 21 |
| 30 Sep 19 | 481 | 63 | 82 | 17 |
| 30 Jun 19 | 467 | 58 | 73 | 15 |
| 31 Mar 19 | 487 | 62 | 81 | 15 |
| 31 Dec 18 | 429 | 48 | 75 | 14 |
| 30 Sep 18 | 421 | 48 | 71 | 11 |
| 30 Jun 18 | 373 | 42 | 64 | 16 |
| 31 Mar 18 | 310 | 30 | 55 | 14 |
| 31 Dec 17 | 308 | 33 | 56 | 11 |
| 30 Sep 17 | 269 | 23 | 52 | 8 |
| 30 Jun 17 | 258 | 23 | 64 | 0 |
| 31 Mar 17 | 247 | 22 | 64 | 0 |
| 31 Dec 16 | 234 | 24 | 65 | 0 |
| 30 Sep 16 | 258 | 32 | 70 | 0 |
| 30 Jun 16 | 264 | 38 | 71 | 0 |
| 31 Mar 16 | 264 | 39 | 70 | 0 |
| 31 Dec 15 | 276 | 43 | 71 | 0 |
| 30 Sep 15 | 268 | 47 | 65 | 0 |
| 30 Jun 15 | 278 | 47 | 65 | 0 |
| 31 Mar 15 | 333 | 63 | 71 | 0 |
| 31 Dec 14 | 331 | 54 | 73 | 0 |
| 30 Sep 14 | 363 | 62 | 74 | 0 |
| 31 Dec 13 | 380 | 60 | 69 | 0 |
Quality Earnings: 603988 has a large one-off loss of CN¥6.5M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 603988's current net profit margins (2.9%) are higher than last year (2.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603988's earnings have declined by 44.8% per year over the past 5 years.
Accelerating Growth: 603988's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603988 had negative earnings growth (-14.4%) over the past year, making it difficult to compare to the Electrical industry average (1.1%).
Return on Equity
High ROE: 603988's Return on Equity (2.9%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 01:06 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
SEC Electric Machinery Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Dan Dan Zheng | Huatai Research |