Qingdao Richmat Intelligence Technology Past Earnings Performance
Past criteria checks 0/6
Qingdao Richmat Intelligence Technology's earnings have been declining at an average annual rate of -9.8%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 6.2% per year. Qingdao Richmat Intelligence Technology's return on equity is 4.6%, and it has net margins of 6.2%.
Key information
-9.8%
Earnings growth rate
-16.6%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 6.2% |
| Return on equity | 4.6% |
| Net Margin | 6.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
We Think That There Are More Issues For Qingdao Richmat Intelligence Technology (SZSE:301320) Than Just Sluggish Earnings
Nov 06
Investors Can Find Comfort In Qingdao Richmat Intelligence Technology's (SZSE:301320) Earnings Quality
May 01Recent updates
We Think That There Are More Issues For Qingdao Richmat Intelligence Technology (SZSE:301320) Than Just Sluggish Earnings
Nov 06Qingdao Richmat Intelligence Technology's (SZSE:301320) Returns On Capital Not Reflecting Well On The Business
Oct 03Returns On Capital At Qingdao Richmat Intelligence Technology (SZSE:301320) Paint A Concerning Picture
Jun 08Investors Can Find Comfort In Qingdao Richmat Intelligence Technology's (SZSE:301320) Earnings Quality
May 01Revenue & Expenses Breakdown
How Qingdao Richmat Intelligence 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 |
|---|---|---|---|---|
| 30 Sep 24 | 784 | 48 | 77 | 53 |
| 30 Jun 24 | 760 | 44 | 73 | 50 |
| 31 Mar 24 | 753 | 47 | 72 | 49 |
| 31 Dec 23 | 716 | 47 | 65 | 47 |
| 30 Sep 23 | 722 | 70 | 61 | 40 |
| 30 Jun 23 | 667 | 67 | 58 | 38 |
| 31 Mar 23 | 655 | 65 | 50 | 39 |
| 01 Jan 23 | 665 | 67 | 49 | 41 |
| 31 Dec 21 | 766 | 73 | 45 | 51 |
| 31 Dec 20 | 624 | 86 | 36 | 30 |
| 31 Dec 19 | 509 | 63 | 40 | 21 |
| 31 Dec 18 | 406 | 43 | 23 | 18 |
Quality Earnings: 301320 has a high level of non-cash earnings.
Growing Profit Margin: 301320's current net profit margins (6.2%) are lower than last year (9.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301320's earnings have declined by 9.8% per year over the past 5 years.
Accelerating Growth: 301320's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301320 had negative earnings growth (-31.3%) over the past year, making it difficult to compare to the Electrical industry average (1.1%).
Return on Equity
High ROE: 301320's Return on Equity (4.6%) is considered low.