Shenzhen Xinyuren Technology Past Earnings Performance
Past criteria checks 1/6
Shenzhen Xinyuren Technology has been growing earnings at an average annual rate of 29.2%, while the Machinery industry saw earnings growing at 8.7% annually. Revenues have been declining at an average rate of 30.9% per year. Shenzhen Xinyuren Technology's return on equity is 3.1%, and it has net margins of 4.2%.
Key information
29.2%
Earnings growth rate
28.4%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | -30.9% |
| Return on equity | 3.1% |
| Net Margin | 4.2% |
| Next Earnings Update | 30 Oct 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Shenzhen Xinyuren Technology 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 |
|---|---|---|---|---|
| 30 Jun 24 | 547 | 23 | 112 | 74 |
| 31 Mar 24 | 577 | 48 | 99 | 73 |
| 31 Dec 23 | 594 | 58 | 87 | 66 |
| 30 Sep 23 | 761 | 109 | 60 | 56 |
| 30 Jun 23 | 791 | 101 | 46 | 52 |
| 31 Mar 23 | 663 | 67 | 46 | 50 |
| 31 Dec 22 | 669 | 67 | 52 | 51 |
| 31 Dec 21 | 537 | 60 | 53 | 41 |
| 31 Dec 20 | 240 | 14 | 39 | 24 |
| 31 Dec 19 | 128 | -26 | 31 | 23 |
Quality Earnings: 688573 has a high level of non-cash earnings.
Growing Profit Margin: 688573's current net profit margins (4.2%) are lower than last year (12.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688573's earnings have grown significantly by 29.2% per year over the past 5 years.
Accelerating Growth: 688573's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688573 had negative earnings growth (-77%) over the past year, making it difficult to compare to the Machinery industry average (-2.9%).
Return on Equity
High ROE: 688573's Return on Equity (3.1%) is considered low.