Hoymiles Power Electronics Inc.

SHSE:688032 Stock Report

Market Cap: CN¥14.7b

Hoymiles Power Electronics Past Earnings Performance

Past criteria checks 1/6

Hoymiles Power Electronics has been growing earnings at an average annual rate of 30.3%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 33.1% per year. Hoymiles Power Electronics's return on equity is 5.5%, and it has net margins of 18.2%.

Key information

30.3%

Earnings growth rate

24.4%

EPS growth rate

Electrical Industry Growth14.0%
Revenue growth rate33.1%
Return on equity5.5%
Net Margin18.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

We Believe That Hoymiles Power Electronics' (SHSE:688032) Weak Earnings Are A Good Indicator Of Underlying Profitability

Nov 07
We Believe That Hoymiles Power Electronics' (SHSE:688032) Weak Earnings Are A Good Indicator Of Underlying Profitability

Hoymiles Power Electronics (SHSE:688032) Posted Weak Earnings But There Is More To Worry About

May 06
Hoymiles Power Electronics (SHSE:688032) Posted Weak Earnings But There Is More To Worry About

Recent updates

We Think Hoymiles Power Electronics (SHSE:688032) Can Stay On Top Of Its Debt

Dec 03
We Think Hoymiles Power Electronics (SHSE:688032) Can Stay On Top Of Its Debt

We Believe That Hoymiles Power Electronics' (SHSE:688032) Weak Earnings Are A Good Indicator Of Underlying Profitability

Nov 07
We Believe That Hoymiles Power Electronics' (SHSE:688032) Weak Earnings Are A Good Indicator Of Underlying Profitability

Why Investors Shouldn't Be Surprised By Hoymiles Power Electronics Inc.'s (SHSE:688032) 26% Share Price Surge

Sep 30
Why Investors Shouldn't Be Surprised By Hoymiles Power Electronics Inc.'s (SHSE:688032) 26% Share Price Surge

Time To Worry? Analysts Are Downgrading Their Hoymiles Power Electronics Inc. (SHSE:688032) Outlook

Sep 02
Time To Worry? Analysts Are Downgrading Their Hoymiles Power Electronics Inc. (SHSE:688032) Outlook

Hoymiles Power Electronics Inc.'s (SHSE:688032) 29% Jump Shows Its Popularity With Investors

Aug 06
Hoymiles Power Electronics Inc.'s (SHSE:688032) 29% Jump Shows Its Popularity With Investors

Hoymiles Power Electronics Inc.'s (SHSE:688032) Stock Retreats 27% But Earnings Haven't Escaped The Attention Of Investors

Jun 21
Hoymiles Power Electronics Inc.'s (SHSE:688032) Stock Retreats 27% But Earnings Haven't Escaped The Attention Of Investors

These 4 Measures Indicate That Hoymiles Power Electronics (SHSE:688032) Is Using Debt Reasonably Well

Jun 03
These 4 Measures Indicate That Hoymiles Power Electronics (SHSE:688032) Is Using Debt Reasonably Well

Hoymiles Power Electronics (SHSE:688032) Posted Weak Earnings But There Is More To Worry About

May 06
Hoymiles Power Electronics (SHSE:688032) Posted Weak Earnings But There Is More To Worry About

Hoymiles Power Electronics Inc.'s (SHSE:688032) 34% Price Boost Is Out Of Tune With Earnings

Mar 04
Hoymiles Power Electronics Inc.'s (SHSE:688032) 34% Price Boost Is Out Of Tune With Earnings

Revenue & Expenses Breakdown

How Hoymiles Power Electronics makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SHSE:688032 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,884342415305
30 Jun 241,869351364282
31 Mar 241,777403309262
31 Dec 232,026512315248
30 Sep 232,008586256189
30 Jun 232,088679248156
31 Mar 231,888622237123
31 Dec 221,53753317997
30 Sep 221,22444214567
30 Jun 2299132511755
31 Mar 2290725710050
31 Dec 217952029046
30 Sep 216961608236
30 Jun 216611547435
31 Mar 215361226630
31 Dec 204951046129
31 Dec 19460817226
31 Dec 18307165615
31 Dec 17249-204713

Quality Earnings: 688032 has a high level of non-cash earnings.

Growing Profit Margin: 688032's current net profit margins (18.2%) are lower than last year (29.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 688032's earnings have grown significantly by 30.3% per year over the past 5 years.

Accelerating Growth: 688032's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 688032 had negative earnings growth (-41.6%) over the past year, making it difficult to compare to the Electrical industry average (1.1%).


Return on Equity

High ROE: 688032's Return on Equity (5.5%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 19:30
End of Day Share Price 2024/12/25 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Hoymiles Power Electronics Inc. is covered by 10 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yufei MiaoChina International Capital Corporation Limited
Yuqi ShiChina International Capital Corporation Limited
Colin LiuChina Renaissance Securities