CIMC Safeway Technologies Past Earnings Performance
Past criteria checks 2/6
CIMC Safeway Technologies has been growing earnings at an average annual rate of 14.7%, while the Machinery industry saw earnings growing at 10.4% annually. Revenues have been declining at an average rate of 31.2% per year. CIMC Safeway Technologies's return on equity is 8.9%, and it has net margins of 11%.
Key information
14.7%
Earnings growth rate
12.0%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | -31.2% |
| Return on equity | 8.9% |
| Net Margin | 11.0% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How CIMC Safeway 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 | 3,864 | 425 | 133 | 133 |
| 31 Dec 23 | 4,663 | 596 | 125 | 154 |
| 30 Sep 23 | 5,196 | 635 | 173 | 166 |
| 31 Mar 23 | 5,614 | 769 | 188 | 172 |
| 01 Jan 23 | 5,539 | 708 | 188 | 173 |
| 30 Sep 22 | 5,416 | 660 | 163 | 164 |
| 31 Dec 21 | 4,151 | 310 | 142 | 124 |
| 31 Dec 20 | 2,837 | 251 | 122 | 122 |
| 31 Dec 19 | 4,227 | 378 | 180 | 142 |
| 31 Dec 18 | 4,760 | 504 | 187 | 154 |
Quality Earnings: 301559 has high quality earnings.
Growing Profit Margin: 301559's current net profit margins (11%) are lower than last year (13.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301559's earnings have grown by 14.7% per year over the past 5 years.
Accelerating Growth: 301559's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301559 had negative earnings growth (-44.7%) over the past year, making it difficult to compare to the Machinery industry average (2.3%).
Return on Equity
High ROE: 301559's Return on Equity (8.9%) is considered low.