SEC Electric Machinery Co., Ltd.

SHSE:603988 Stock Report

Market Cap: CN¥2.3b

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 -31.1%, while the Electrical industry saw earnings growing at 12.3% annually. Revenues have been growing at an average rate of 7.6% per year. SEC Electric Machinery's return on equity is 3.2%, and it has net margins of 3.1%.

Key information

-31.1%

Earnings growth rate

-31.3%

EPS growth rate

Electrical Industry Growth14.0%
Revenue growth rate7.6%
Return on equity3.2%
Net Margin3.1%
Last Earnings Update31 Mar 2024

Recent past performance updates

SEC Electric Machinery's (SHSE:603988) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Apr 05
SEC Electric Machinery's (SHSE:603988) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Recent updates

SEC Electric Machinery (SHSE:603988) Will Be Hoping To Turn Its Returns On Capital Around

Apr 24
SEC Electric Machinery (SHSE:603988) Will Be Hoping To Turn Its Returns On Capital Around

SEC Electric Machinery's (SHSE:603988) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Apr 05
SEC Electric Machinery's (SHSE:603988) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Revenues Not Telling The Story For SEC Electric Machinery Co., Ltd. (SHSE:603988)

Mar 06
Revenues Not Telling The Story For SEC Electric Machinery Co., Ltd. (SHSE:603988)

Revenue & Expenses Breakdown
Beta

How SEC Electric Machinery makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SHSE:603988 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 246862110124
31 Dec 237574310827
30 Sep 238312510738
30 Jun 238222711337
31 Mar 238474210839
31 Dec 228605211234
30 Sep 228206910527
30 Jun 22860269927
31 Mar 22871-111125
31 Dec 218194010827
30 Sep 217991010326
30 Jun 218543011929
31 Mar 218771299229
31 Dec 208561718829
30 Sep 208462329129
30 Jun 207202677025
31 Mar 205971917522
31 Dec 196081137421
30 Sep 19481638217
30 Jun 19467587315
31 Mar 19487628115
31 Dec 18429487514
30 Sep 18421487111
30 Jun 18373426416
31 Mar 18310305514
31 Dec 17308335611
30 Sep 1726923528
30 Jun 1725823640
31 Mar 1724722640
31 Dec 1623424650
30 Sep 1625832700
30 Jun 1626438710
31 Mar 1626439700
31 Dec 1527643710
30 Sep 1526847650
30 Jun 1527847650
31 Mar 1533363710
31 Dec 1433154730
30 Sep 1436362740
31 Dec 1338060690

Quality Earnings: 603988 has high quality earnings.

Growing Profit Margin: 603988's current net profit margins (3.1%) are lower than last year (4.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 603988's earnings have declined by 31.1% 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 (-49.2%) over the past year, making it difficult to compare to the Electrical industry average (0.6%).


Return on Equity

High ROE: 603988's Return on Equity (3.2%) is considered low.


Return on Assets


Return on Capital Employed


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