Shenzhen Megmeet Electrical Past Earnings Performance
Past criteria checks 2/6
Shenzhen Megmeet Electrical has been growing earnings at an average annual rate of 15.1%, while the Electrical industry saw earnings growing at 12.3% annually. Revenues have been growing at an average rate of 18.1% per year. Shenzhen Megmeet Electrical's return on equity is 12.9%, and it has net margins of 8.6%.
Key information
15.1%
Earnings growth rate
13.3%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 18.1% |
| Return on equity | 12.9% |
| Net Margin | 8.6% |
| Next Earnings Update | 30 Aug 2024 |
Recent past performance updates
Recent updates
Is Shenzhen Megmeet Electrical (SZSE:002851) A Risky Investment?
Jun 05
The Market Lifts Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Shares 27% But It Can Do More
May 21Shenzhen Megmeet Electrical's (SZSE:002851) Profits May Be Overstating Its True Earnings Potential
May 06Is Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Trading At A 49% Discount?
Apr 25Some Investors May Be Worried About Shenzhen Megmeet Electrical's (SZSE:002851) Returns On Capital
Apr 08Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Surges 27% Yet Its Low P/E Is No Reason For Excitement
Mar 04Revenue & Expenses Breakdown
How Shenzhen Megmeet Electrical 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 | 7,025 | 607 | 586 | 798 |
| 31 Dec 23 | 6,754 | 629 | 549 | 752 |
| 30 Sep 23 | 6,368 | 651 | 482 | 704 |
| 30 Jun 23 | 6,059 | 638 | 427 | 673 |
| 31 Mar 23 | 5,845 | 560 | 388 | 652 |
| 01 Jan 23 | 5,478 | 473 | 361 | 617 |
| 30 Sep 22 | 5,220 | 372 | 353 | 568 |
| 30 Jun 22 | 4,923 | 418 | 358 | 519 |
| 31 Mar 22 | 4,459 | 381 | 339 | 484 |
| 01 Jan 22 | 4,156 | 389 | 330 | 451 |
| 30 Sep 21 | 3,842 | 445 | 270 | 424 |
| 30 Jun 21 | 3,773 | 444 | 250 | 398 |
| 31 Mar 21 | 3,606 | 427 | 242 | 386 |
| 31 Dec 20 | 3,376 | 403 | 226 | 361 |
| 30 Sep 20 | 3,364 | 364 | 242 | 360 |
| 30 Jun 20 | 3,441 | 353 | 244 | 347 |
| 31 Mar 20 | 3,446 | 360 | 225 | 336 |
| 31 Dec 19 | 3,560 | 361 | 222 | 330 |
| 30 Sep 19 | 3,435 | 355 | 235 | 295 |
| 30 Jun 19 | 3,023 | 299 | 205 | 287 |
| 31 Mar 19 | 2,783 | 236 | 221 | 265 |
| 31 Dec 18 | 2,394 | 202 | 206 | 252 |
| 30 Sep 18 | 2,081 | 155 | 71 | 356 |
| 30 Jun 18 | 1,894 | 136 | 107 | 284 |
| 31 Mar 18 | 1,619 | 126 | 114 | 223 |
| 31 Dec 17 | 1,494 | 117 | 138 | 173 |
| 30 Sep 17 | 1,383 | 115 | 276 | 0 |
| 30 Jun 17 | 1,275 | 113 | 250 | 0 |
| 31 Mar 17 | 1,210 | 112 | 240 | 0 |
| 31 Dec 16 | 1,154 | 110 | 227 | 0 |
| 31 Dec 15 | 813 | 57 | 171 | 0 |
| 31 Dec 14 | 635 | 38 | 126 | 0 |
| 31 Dec 13 | 530 | 24 | 116 | 0 |
Quality Earnings: 002851 has a high level of non-cash earnings.
Growing Profit Margin: 002851's current net profit margins (8.6%) are lower than last year (9.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002851's earnings have grown by 15.1% per year over the past 5 years.
Accelerating Growth: 002851's earnings growth over the past year (8.3%) is below its 5-year average (15.1% per year).
Earnings vs Industry: 002851 earnings growth over the past year (8.3%) exceeded the Electrical industry 0.6%.
Return on Equity
High ROE: 002851's Return on Equity (12.9%) is considered low.