Foshan Golden Milky Way Intelligent Equipment Past Earnings Performance
Past criteria checks 1/6
Foshan Golden Milky Way Intelligent Equipment has been growing earnings at an average annual rate of 29.7%, while the Machinery industry saw earnings growing at 9.5% annually. Revenues have been growing at an average rate of 33.3% per year. Foshan Golden Milky Way Intelligent Equipment's return on equity is 2.6%, and it has net margins of 2.7%.
Key information
29.7%
Earnings growth rate
24.4%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 33.3% |
| Return on equity | 2.6% |
| Net Margin | 2.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Foshan Golden Milky Way Intelligent Equipment 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 | 2,124 | 58 | 242 | 108 |
| 31 Dec 23 | 2,252 | 94 | 244 | 110 |
| 30 Sep 23 | 2,427 | 128 | 202 | 110 |
| 30 Jun 23 | 2,167 | 107 | 196 | 102 |
| 31 Mar 23 | 2,025 | 97 | 172 | 98 |
| 01 Jan 23 | 1,819 | 67 | 158 | 88 |
| 30 Sep 22 | 1,669 | 58 | 179 | 83 |
| 30 Jun 22 | 1,531 | 42 | 158 | 75 |
| 31 Mar 22 | 1,282 | 32 | 147 | 62 |
| 01 Jan 22 | 1,150 | 30 | 141 | 59 |
| 30 Sep 21 | 994 | 30 | 114 | 45 |
| 30 Jun 21 | 822 | 32 | 106 | 39 |
| 31 Mar 21 | 693 | 19 | 98 | 37 |
| 31 Dec 20 | 594 | 13 | 85 | 35 |
| 30 Sep 20 | 508 | 6 | 91 | 35 |
| 30 Jun 20 | 464 | 1 | 90 | 34 |
| 31 Mar 20 | 498 | 20 | 88 | 33 |
| 31 Dec 19 | 600 | 42 | 90 | 32 |
| 30 Sep 19 | 678 | 45 | 103 | 30 |
| 30 Jun 19 | 690 | 48 | 87 | 30 |
| 31 Mar 19 | 680 | 47 | 87 | 31 |
| 31 Dec 18 | 642 | 46 | 85 | 34 |
| 30 Sep 18 | 642 | 48 | 74 | 28 |
| 30 Jun 18 | 592 | 53 | 61 | 36 |
| 31 Mar 18 | 542 | 48 | 59 | 27 |
| 31 Dec 17 | 490 | 47 | 58 | 19 |
| 30 Sep 17 | 390 | 62 | 53 | 16 |
| 30 Jun 17 | 331 | 48 | 61 | 0 |
| 31 Mar 17 | 332 | 55 | 58 | 0 |
| 31 Dec 16 | 293 | 43 | 53 | 0 |
| 31 Dec 15 | 181 | 24 | 43 | 0 |
| 31 Dec 14 | 164 | 27 | 36 | 0 |
| 31 Dec 13 | 156 | 28 | 29 | 0 |
Quality Earnings: 300619 has a high level of non-cash earnings.
Growing Profit Margin: 300619's current net profit margins (2.7%) are lower than last year (4.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300619's earnings have grown significantly by 29.7% per year over the past 5 years.
Accelerating Growth: 300619's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 300619 had negative earnings growth (-40.4%) over the past year, making it difficult to compare to the Machinery industry average (4.2%).
Return on Equity
High ROE: 300619's Return on Equity (2.6%) is considered low.