Guangdong Mingyang ElectricLtd Past Earnings Performance
Past criteria checks 4/6
Guangdong Mingyang ElectricLtd has been growing earnings at an average annual rate of 43%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 31.6% per year. Guangdong Mingyang ElectricLtd's return on equity is 13.9%, and it has net margins of 10.8%.
Key information
43.0%
Earnings growth rate
50.5%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 31.6% |
| Return on equity | 13.9% |
| Net Margin | 10.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Guangdong Mingyang ElectricLtd (SZSE:301291) Has A Pretty Healthy Balance Sheet
Oct 22
Impressive Earnings May Not Tell The Whole Story For Guangdong Mingyang ElectricLtd (SZSE:301291)
Sep 03Are Guangdong Mingyang Electric Co.,Ltd. (SZSE:301291) Investors Paying Above The Intrinsic Value?
Aug 24Slowing Rates Of Return At Guangdong Mingyang ElectricLtd (SZSE:301291) Leave Little Room For Excitement
Jul 27Does Guangdong Mingyang ElectricLtd (SZSE:301291) Have A Healthy Balance Sheet?
Jul 05Revenue & Expenses Breakdown
How Guangdong Mingyang ElectricLtd 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 |
|---|---|---|---|---|
| 30 Sep 24 | 5,727 | 617 | 436 | 195 |
| 30 Jun 24 | 5,518 | 583 | 432 | 189 |
| 31 Mar 24 | 5,276 | 544 | 420 | 183 |
| 31 Dec 23 | 4,948 | 498 | 394 | 161 |
| 30 Sep 23 | 4,557 | 413 | 367 | 149 |
| 30 Jun 23 | 3,986 | 332 | 316 | 125 |
| 31 Mar 23 | 3,559 | 296 | 319 | 126 |
| 01 Jan 23 | 3,236 | 265 | 256 | 105 |
| 30 Sep 22 | 2,665 | 216 | 206 | 80 |
| 30 Jun 22 | 2,502 | 189 | 203 | 81 |
| 31 Mar 22 | 2,074 | 141 | 138 | 54 |
| 31 Dec 21 | 2,030 | 161 | 172 | 67 |
| 31 Dec 20 | 1,665 | 178 | 158 | 60 |
| 31 Dec 19 | 1,032 | -63 | 248 | 42 |
| 31 Dec 18 | 256 | 20 | 14 | 8 |
Quality Earnings: 301291 has a high level of non-cash earnings.
Growing Profit Margin: 301291's current net profit margins (10.8%) are higher than last year (9.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301291 has become profitable over the past 5 years, growing earnings by 43% per year.
Accelerating Growth: 301291's earnings growth over the past year (49.4%) exceeds its 5-year average (43% per year).
Earnings vs Industry: 301291 earnings growth over the past year (49.4%) exceeded the Electrical industry 1.1%.
Return on Equity
High ROE: 301291's Return on Equity (13.9%) is considered low.