Qingdao Richmat Intelligence Technology Past Earnings Performance
Past criteria checks 2/6
Qingdao Richmat Intelligence Technology has been growing earnings at an average annual rate of 1.7%, while the Electrical industry saw earnings growing at 12.3% annually. Revenues have been growing at an average rate of 8.4% per year. Qingdao Richmat Intelligence Technology's return on equity is 4.6%, and it has net margins of 6.6%.
Key information
1.7%
Earnings growth rate
-2.4%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 8.4% |
| Return on equity | 4.6% |
| Net Margin | 6.6% |
| Last Earnings Update | 31 Dec 2023 |
Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 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 |
| 31 Dec 22 | 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 high quality earnings.
Growing Profit Margin: 301320's current net profit margins (6.6%) are lower than last year (10.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301320's earnings have grown by 1.7% 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 (-29.7%) over the past year, making it difficult to compare to the Electrical industry average (-0.07%).
Return on Equity
High ROE: 301320's Return on Equity (4.6%) is considered low.