SBT Ultrasonic TechnologyLtd Past Earnings Performance
Past criteria checks 1/6
SBT Ultrasonic TechnologyLtd has been growing earnings at an average annual rate of 13.2%, while the Machinery industry saw earnings growing at 10.4% annually. Revenues have been declining at an average rate of 18.5% per year. SBT Ultrasonic TechnologyLtd's return on equity is 2.1%, and it has net margins of 7.6%.
Key information
13.2%
Earnings growth rate
-17.5%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | -18.5% |
| Return on equity | 2.1% |
| Net Margin | 7.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How SBT Ultrasonic TechnologyLtd 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 | 483 | 37 | 143 | 129 |
| 31 Dec 23 | 525 | 67 | 135 | 117 |
| 30 Sep 23 | 590 | 101 | 129 | 109 |
| 30 Jun 23 | 625 | 119 | 119 | 97 |
| 31 Mar 23 | 593 | 123 | 107 | 86 |
| 31 Dec 22 | 522 | 111 | 102 | 75 |
| 30 Sep 22 | 489 | 107 | 76 | 67 |
| 30 Jun 22 | 433 | 92 | 72 | 58 |
| 31 Mar 22 | 371 | 71 | 59 | 49 |
| 31 Dec 21 | 371 | 69 | 53 | 46 |
| 31 Dec 20 | 265 | 89 | 36 | 33 |
| 31 Dec 19 | 134 | 10 | 29 | 20 |
| 31 Dec 18 | 109 | 24 | 29 | 16 |
Quality Earnings: 688392 has a large one-off gain of CN¥22.0M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 688392's current net profit margins (7.6%) are lower than last year (20.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688392's earnings have grown by 13.2% per year over the past 5 years.
Accelerating Growth: 688392's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688392 had negative earnings growth (-70.1%) over the past year, making it difficult to compare to the Machinery industry average (2.3%).
Return on Equity
High ROE: 688392's Return on Equity (2.1%) is considered low.