Xiamen Solex High-tech Industries Past Earnings Performance
Past criteria checks 5/6
Xiamen Solex High-tech Industries has been growing earnings at an average annual rate of 7.5%, while the Building industry saw earnings growing at 5.3% annually. Revenues have been growing at an average rate of 14.7% per year. Xiamen Solex High-tech Industries's return on equity is 16.8%, and it has net margins of 13.7%.
Key information
7.4%
Earnings growth rate
6.7%
EPS growth rate
| Building Industry Growth | 7.0% |
| Revenue growth rate | 14.7% |
| Return on equity | 16.8% |
| Net Margin | 13.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Xiamen Solex High-tech Industries 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 | 3,060 | 420 | 373 | 207 |
| 31 Dec 23 | 2,983 | 352 | 379 | 204 |
| 30 Sep 23 | 2,888 | 336 | 398 | 193 |
| 30 Jun 23 | 2,864 | 226 | 396 | 193 |
| 31 Mar 23 | 2,992 | 232 | 399 | 194 |
| 31 Dec 22 | 3,181 | 261 | 409 | 192 |
| 30 Sep 22 | 3,465 | 321 | 431 | 199 |
| 30 Jun 22 | 3,487 | 322 | 419 | 191 |
| 31 Mar 22 | 3,239 | 300 | 397 | 181 |
| 31 Dec 21 | 2,977 | 301 | 362 | 170 |
| 30 Sep 21 | 2,655 | 288 | 319 | 152 |
| 30 Jun 21 | 2,401 | 296 | 297 | 145 |
| 31 Mar 21 | 2,242 | 309 | 274 | 136 |
| 31 Dec 20 | 2,035 | 270 | 264 | 129 |
| 30 Sep 20 | 1,859 | 260 | 253 | 128 |
| 30 Jun 20 | 1,782 | 230 | 247 | 122 |
| 31 Mar 20 | 1,723 | 221 | 233 | 119 |
| 31 Dec 19 | 1,739 | 234 | 226 | 117 |
| 30 Sep 19 | 1,700 | 237 | 205 | 112 |
| 30 Jun 19 | 1,679 | 257 | 194 | 99 |
| 31 Mar 19 | 1,662 | 237 | 189 | 95 |
| 31 Dec 18 | 1,759 | 236 | 193 | 96 |
| 31 Dec 17 | 1,735 | 156 | 217 | 96 |
| 31 Dec 16 | 1,467 | 212 | 165 | 85 |
| 31 Dec 15 | 1,345 | 127 | 232 | 0 |
Quality Earnings: 603992 has high quality earnings.
Growing Profit Margin: 603992's current net profit margins (13.7%) are higher than last year (7.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603992's earnings have grown by 7.5% per year over the past 5 years.
Accelerating Growth: 603992's earnings growth over the past year (81%) exceeds its 5-year average (7.5% per year).
Earnings vs Industry: 603992 earnings growth over the past year (81%) exceeded the Building industry 8%.
Return on Equity
High ROE: 603992's Return on Equity (16.8%) is considered low.