Shenzhen Minglida Precision Technology Past Earnings Performance
Past criteria checks 1/6
Shenzhen Minglida Precision Technology has been growing earnings at an average annual rate of 30.4%, while the Machinery industry saw earnings growing at 10.6% annually. Revenues have been growing at an average rate of 35.7% per year. Shenzhen Minglida Precision Technology's return on equity is 8.1%, and it has net margins of 5.7%.
Key information
30.4%
Earnings growth rate
27.5%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 35.7% |
| Return on equity | 8.1% |
| Net Margin | 5.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Shenzhen Minglida Precision 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 | 3,653 | 208 | 181 | 184 |
| 31 Dec 23 | 4,070 | 320 | 184 | 197 |
| 30 Sep 23 | 4,280 | 474 | 189 | 192 |
| 30 Jun 23 | 4,008 | 474 | 170 | 179 |
| 31 Mar 23 | 3,614 | 439 | 161 | 158 |
| 01 Jan 23 | 3,219 | 403 | 140 | 133 |
| 30 Sep 22 | 2,672 | 267 | 119 | 108 |
| 30 Jun 22 | 2,348 | 215 | 105 | 88 |
| 31 Mar 22 | 2,044 | 174 | 93 | 75 |
| 01 Jan 22 | 1,838 | 148 | 89 | 69 |
| 30 Sep 21 | 1,672 | 151 | 81 | 61 |
| 30 Jun 21 | 1,621 | 155 | 78 | 57 |
| 31 Mar 21 | 1,555 | 165 | 77 | 57 |
| 31 Dec 20 | 1,516 | 171 | 76 | 58 |
| 31 Dec 19 | 1,361 | 94 | 113 | 67 |
| 31 Dec 18 | 942 | 62 | 84 | 62 |
| 31 Dec 17 | 737 | 26 | 88 | 37 |
Quality Earnings: 301268 has a large one-off gain of CN¥37.8M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 301268's current net profit margins (5.7%) are lower than last year (12.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301268's earnings have grown significantly by 30.4% per year over the past 5 years.
Accelerating Growth: 301268's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301268 had negative earnings growth (-52.7%) over the past year, making it difficult to compare to the Machinery industry average (2.1%).
Return on Equity
High ROE: 301268's Return on Equity (8.1%) is considered low.