Shanghai Weihong Electronic Technology Past Earnings Performance
Past criteria checks 1/6
Shanghai Weihong Electronic Technology has been growing earnings at an average annual rate of 16.6%, while the Electrical industry saw earnings growing at 12.3% annually. Revenues have been growing at an average rate of 19% per year. Shanghai Weihong Electronic Technology's return on equity is 4.5%, and it has net margins of 7.3%.
Key information
16.6%
Earnings growth rate
16.6%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 19.0% |
| Return on equity | 4.5% |
| Net Margin | 7.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Shanghai Weihong Electronic 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 |
|---|---|---|---|---|
| 31 Mar 24 | 446 | 32 | 106 | 125 |
| 31 Dec 23 | 441 | 40 | 99 | 126 |
| 30 Sep 23 | 415 | 60 | 82 | 117 |
| 30 Jun 23 | 394 | 68 | 68 | 108 |
| 31 Mar 23 | 393 | 69 | 66 | 112 |
| 01 Jan 23 | 388 | 51 | 65 | 109 |
| 30 Sep 22 | 399 | 36 | 74 | 114 |
| 30 Jun 22 | 409 | 47 | 74 | 109 |
| 31 Mar 22 | 426 | 47 | 75 | 102 |
| 31 Dec 21 | 413 | 59 | 74 | 96 |
| 30 Sep 21 | 379 | 75 | 65 | 79 |
| 30 Jun 21 | 342 | 78 | 61 | 72 |
| 31 Mar 21 | 263 | 74 | 53 | 64 |
| 31 Dec 20 | 209 | 29 | 51 | 63 |
| 30 Sep 20 | 195 | 49 | 45 | 65 |
| 30 Jun 20 | 176 | 29 | 46 | 68 |
| 31 Mar 20 | 174 | -27 | 73 | 69 |
| 31 Dec 19 | 191 | 66 | 73 | 70 |
| 30 Sep 19 | 200 | -2 | 82 | 70 |
| 30 Jun 19 | 208 | 5 | 82 | 70 |
| 31 Mar 19 | 226 | 29 | 58 | 69 |
| 31 Dec 18 | 229 | -27 | 57 | 66 |
| 30 Sep 18 | 220 | 15 | 55 | 67 |
| 30 Jun 18 | 221 | 41 | 31 | 81 |
| 31 Mar 18 | 208 | 77 | 40 | 66 |
| 31 Dec 17 | 199 | 81 | 49 | 51 |
| 30 Sep 17 | 192 | 78 | 61 | 33 |
| 30 Jun 17 | 172 | 57 | 87 | 0 |
| 31 Mar 17 | 157 | 47 | 78 | 0 |
| 31 Dec 16 | 144 | 44 | 72 | 0 |
| 30 Sep 16 | 132 | 45 | 57 | 0 |
| 30 Jun 16 | 121 | 48 | 52 | 0 |
| 31 Mar 16 | 131 | 55 | 48 | 0 |
| 31 Dec 15 | 131 | 52 | 47 | 0 |
| 31 Dec 14 | 141 | 61 | 43 | 0 |
| 31 Dec 13 | 108 | 45 | 33 | 0 |
Quality Earnings: 300508 has a large one-off loss of CN¥10.8M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 300508's current net profit margins (7.3%) are lower than last year (17.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300508's earnings have grown by 16.6% per year over the past 5 years.
Accelerating Growth: 300508's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 300508 had negative earnings growth (-52.9%) over the past year, making it difficult to compare to the Electrical industry average (0.6%).
Return on Equity
High ROE: 300508's Return on Equity (4.5%) is considered low.