Wave Cyber (Shanghai)Co Past Earnings Performance
Past criteria checks 3/6
Wave Cyber (Shanghai)Co's earnings have been declining at an average annual rate of -12.1%, while the Machinery industry saw earnings growing at 10.4% annually. Revenues have been growing at an average rate of 0.1% per year. Wave Cyber (Shanghai)Co's return on equity is 5.4%, and it has net margins of 11.3%.
Key information
-12.1%
Earnings growth rate
-22.5%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 0.1% |
| Return on equity | 5.4% |
| Net Margin | 11.3% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Wave Cyber (Shanghai)Co 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 | 371 | 42 | 57 | 28 |
| 31 Dec 23 | 384 | 46 | 50 | 27 |
| 30 Sep 23 | 362 | 47 | 45 | 25 |
| 30 Jun 23 | 360 | 47 | 47 | 26 |
| 31 Mar 23 | 327 | 39 | 43 | 23 |
| 31 Dec 22 | 308 | 31 | 46 | 21 |
| 30 Sep 22 | 338 | 32 | 43 | 23 |
| 30 Jun 22 | 328 | 26 | 46 | 23 |
| 31 Mar 22 | 355 | 33 | 46 | 24 |
| 31 Dec 21 | 379 | 50 | 44 | 24 |
| 30 Sep 21 | 370 | 59 | 45 | 24 |
| 30 Jun 21 | 365 | 60 | 39 | 23 |
| 31 Mar 21 | 357 | 61 | 38 | 22 |
| 31 Dec 20 | 314 | 47 | 38 | 21 |
| 31 Dec 19 | 361 | 66 | 48 | 24 |
| 31 Dec 18 | 328 | 54 | 40 | 21 |
| 31 Dec 17 | 300 | 47 | 40 | 18 |
Quality Earnings: 688718 has high quality earnings.
Growing Profit Margin: 688718's current net profit margins (11.3%) are lower than last year (11.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688718's earnings have declined by 12.1% per year over the past 5 years.
Accelerating Growth: 688718's earnings growth over the past year (8.5%) exceeds its 5-year average (-12.1% per year).
Earnings vs Industry: 688718 earnings growth over the past year (8.5%) exceeded the Machinery industry 2.3%.
Return on Equity
High ROE: 688718's Return on Equity (5.4%) is considered low.