Shanghai Rychen Technologies Past Earnings Performance
Past criteria checks 0/6
Shanghai Rychen Technologies's earnings have been declining at an average annual rate of -16.7%, while the Machinery industry saw earnings growing at 10.4% annually. Revenues have been declining at an average rate of 23.4% per year. Shanghai Rychen Technologies's return on equity is 1.1%, and it has net margins of 4.1%.
Key information
-16.7%
Earnings growth rate
-21.8%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | -23.4% |
| Return on equity | 1.1% |
| Net Margin | 4.1% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Shanghai Rychen Technologies 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 | 346 | 14 | 80 | 37 |
| 31 Dec 23 | 341 | 31 | 75 | 38 |
| 30 Sep 23 | 338 | 21 | 81 | 39 |
| 30 Jun 23 | 390 | 32 | 79 | 37 |
| 31 Mar 23 | 452 | 58 | 80 | 35 |
| 31 Dec 22 | 439 | 50 | 75 | 33 |
| 30 Sep 22 | 460 | 80 | 69 | 32 |
| 01 Jan 22 | 408 | 83 | 66 | 29 |
| 31 Dec 20 | 298 | 68 | 44 | 19 |
| 31 Dec 19 | 197 | 36 | 39 | 14 |
| 31 Dec 18 | 144 | 31 | 28 | 11 |
Quality Earnings: 301273 has a high level of non-cash earnings.
Growing Profit Margin: 301273's current net profit margins (4.1%) are lower than last year (12.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301273's earnings have declined by 16.7% per year over the past 5 years.
Accelerating Growth: 301273's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301273 had negative earnings growth (-75.6%) over the past year, making it difficult to compare to the Machinery industry average (2.6%).
Return on Equity
High ROE: 301273's Return on Equity (1.1%) is considered low.