Shenzhen EXC-LED TechnologyLtd Past Earnings Performance
Past criteria checks 0/6
Shenzhen EXC-LED TechnologyLtd's earnings have been declining at an average annual rate of -50%, while the Electrical industry saw earnings growing at 12.3% annually. Revenues have been declining at an average rate of 3.7% per year. Shenzhen EXC-LED TechnologyLtd's return on equity is 1%, and it has net margins of 1.5%.
Key information
-50.0%
Earnings growth rate
-57.4%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | -3.7% |
| Return on equity | 1.0% |
| Net Margin | 1.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Shenzhen EXC-LED 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 | 1,068 | 16 | 268 | 50 |
| 31 Dec 23 | 1,067 | 34 | 258 | 48 |
| 30 Sep 23 | 996 | 14 | 251 | 47 |
| 30 Jun 23 | 959 | 19 | 244 | 48 |
| 31 Mar 23 | 936 | 29 | 224 | 48 |
| 01 Jan 23 | 905 | 36 | 211 | 51 |
| 30 Sep 22 | 881 | 23 | 200 | 62 |
| 30 Jun 22 | 914 | 0 | 207 | 70 |
| 31 Mar 22 | 1,132 | 34 | 223 | 78 |
| 01 Jan 22 | 1,132 | 38 | 228 | 77 |
| 30 Sep 21 | 1,255 | 70 | 216 | 73 |
| 30 Jun 21 | 1,166 | 93 | 198 | 61 |
| 31 Mar 21 | 946 | 70 | 173 | 52 |
| 31 Dec 20 | 994 | 99 | 154 | 45 |
| 30 Sep 20 | 881 | 105 | 140 | 44 |
| 30 Jun 20 | 966 | 117 | 155 | 45 |
| 31 Mar 20 | 1,035 | 127 | 164 | 43 |
| 31 Dec 19 | 1,129 | 137 | 182 | 43 |
| 31 Dec 18 | 885 | 105 | 133 | 39 |
| 31 Dec 17 | 549 | 55 | 96 | 30 |
| 31 Dec 16 | 258 | 24 | 48 | 17 |
Quality Earnings: 300889 has a large one-off gain of CN¥18.3M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 300889's current net profit margins (1.5%) are lower than last year (3.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300889's earnings have declined by 50% per year over the past 5 years.
Accelerating Growth: 300889's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 300889 had negative earnings growth (-42.8%) over the past year, making it difficult to compare to the Electrical industry average (0.6%).
Return on Equity
High ROE: 300889's Return on Equity (1%) is considered low.