Chongqing VDL Electronics Past Earnings Performance
Past criteria checks 3/6
Chongqing VDL Electronics's earnings have been declining at an average annual rate of -45.3%, while the Electrical industry saw earnings growing at 12.2% annually. Revenues have been growing at an average rate of 10.2% per year. Chongqing VDL Electronics's return on equity is 2.2%, and it has net margins of 3.5%.
Key information
-45.3%
Earnings growth rate
-49.8%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 10.2% |
| Return on equity | 2.2% |
| Net Margin | 3.5% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses Breakdown
How Chongqing VDL Electronics 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 | 1,035 | 36 | 104 | 102 |
| 31 Dec 23 | 972 | 24 | 93 | 96 |
| 30 Sep 23 | 910 | -15 | 90 | 95 |
| 30 Jun 23 | 926 | -9 | 89 | 90 |
| 31 Mar 23 | 925 | 18 | 80 | 81 |
| 01 Jan 23 | 922 | 43 | 82 | 76 |
| 30 Sep 22 | 887 | 60 | 75 | 78 |
| 30 Jun 22 | 844 | 82 | 66 | 78 |
| 31 Mar 22 | 778 | 94 | 61 | 74 |
| 01 Jan 22 | 799 | 101 | 62 | 75 |
| 31 Mar 21 | 746 | 155 | 56 | 59 |
| 31 Dec 20 | 639 | 118 | 56 | 50 |
| 31 Dec 19 | 421 | 64 | 47 | 33 |
| 31 Dec 18 | 236 | 40 | 30 | 15 |
Quality Earnings: 301121 has a large one-off gain of CN¥34.5M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 301121's current net profit margins (3.5%) are higher than last year (2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301121's earnings have declined by 45.3% per year over the past 5 years.
Accelerating Growth: 301121's earnings growth over the past year (99%) exceeds its 5-year average (-45.3% per year).
Earnings vs Industry: 301121 earnings growth over the past year (99%) exceeded the Electrical industry -1.1%.
Return on Equity
High ROE: 301121's Return on Equity (2.2%) is considered low.