Damon Technology GroupLtd Past Earnings Performance
Past criteria checks 2/6
Damon Technology GroupLtd has been growing earnings at an average annual rate of 6.6%, while the Machinery industry saw earnings growing at 9.6% annually. Revenues have been growing at an average rate of 8.2% per year. Damon Technology GroupLtd's return on equity is 6.4%, and it has net margins of 6.4%.
Key information
6.6%
Earnings growth rate
-0.04%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 8.2% |
| Return on equity | 6.4% |
| Net Margin | 6.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Damon Technology GroupLtd's (SHSE:688360) Shareholders May Want To Dig Deeper Than Statutory Profit
Apr 26
Damon Technology GroupLtd (SHSE:688360) May Have Issues Allocating Its Capital
Apr 16Damon Technology Group Co.,Ltd. (SHSE:688360) Stock Catapults 32% Though Its Price And Business Still Lag The Market
Mar 06Revenue & Expenses Breakdown
How Damon Technology GroupLtd 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 | 1,367 | 87 | 174 | 74 |
| 31 Dec 23 | 1,384 | 88 | 157 | 70 |
| 30 Sep 23 | 1,491 | 85 | 162 | 62 |
| 30 Jun 23 | 1,511 | 83 | 164 | 62 |
| 31 Mar 23 | 1,515 | 86 | 155 | 61 |
| 31 Dec 22 | 1,530 | 82 | 156 | 65 |
| 30 Sep 22 | 1,420 | 87 | 158 | 71 |
| 30 Jun 22 | 1,538 | 85 | 166 | 73 |
| 31 Mar 22 | 1,596 | 93 | 157 | 76 |
| 31 Dec 21 | 1,483 | 77 | 143 | 71 |
| 30 Sep 21 | 1,341 | 98 | 104 | 69 |
| 30 Jun 21 | 1,042 | 91 | 89 | 59 |
| 31 Mar 21 | 874 | 69 | 106 | 55 |
| 31 Dec 20 | 767 | 66 | 105 | 49 |
| 30 Sep 20 | 769 | 73 | 109 | 48 |
| 30 Jun 20 | 792 | 64 | 113 | 49 |
| 31 Mar 20 | 789 | 68 | 101 | 44 |
| 31 Dec 19 | 789 | 64 | 105 | 42 |
| 31 Dec 18 | 722 | 58 | 97 | 33 |
| 31 Dec 17 | 605 | 41 | 91 | 22 |
| 31 Dec 16 | 402 | 23 | 83 | 0 |
| 30 Sep 16 | 398 | 26 | 80 | 0 |
| 30 Jun 16 | 413 | 31 | 79 | 0 |
| 31 Mar 16 | 407 | 29 | 79 | 0 |
| 31 Dec 15 | 381 | 25 | 80 | 0 |
| 30 Sep 15 | 371 | 21 | 76 | 0 |
| 30 Jun 15 | 360 | 17 | 73 | 0 |
| 31 Mar 15 | 360 | 15 | 73 | 0 |
| 31 Dec 14 | 360 | 13 | 73 | 0 |
| 30 Sep 14 | 365 | 14 | 71 | 0 |
| 30 Jun 14 | 370 | 14 | 73 | 0 |
| 31 Mar 14 | 345 | 12 | 70 | 0 |
| 31 Dec 13 | 319 | 9 | 67 | 0 |
| 31 Oct 13 | 262 | 9 | 55 | 0 |
Quality Earnings: 688360 has a large one-off gain of CN¥26.1M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 688360's current net profit margins (6.4%) are higher than last year (5.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688360's earnings have grown by 6.6% per year over the past 5 years.
Accelerating Growth: 688360's earnings growth over the past year (1.4%) is below its 5-year average (6.6% per year).
Earnings vs Industry: 688360 earnings growth over the past year (1.4%) did not outperform the Machinery industry 2.8%.
Return on Equity
High ROE: 688360's Return on Equity (6.4%) is considered low.