Hiecise Precision EquipmentLtd Past Earnings Performance
Past criteria checks 1/6
Hiecise Precision EquipmentLtd's earnings have been declining at an average annual rate of -1.6%, while the Machinery industry saw earnings growing at 7.3% annually. Revenues have been growing at an average rate of 6.3% per year. Hiecise Precision EquipmentLtd's return on equity is 5.1%, and it has net margins of 18.9%.
Key information
-1.6%
Earnings growth rate
-5.1%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 6.3% |
| Return on equity | 5.1% |
| Net Margin | 18.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Hiecise Precision EquipmentLtd 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 | 422 | 80 | 36 | 37 |
| 30 Jun 24 | 456 | 112 | 32 | 37 |
| 31 Mar 24 | 501 | 130 | 29 | 34 |
| 31 Dec 23 | 479 | 118 | 28 | 34 |
| 30 Sep 23 | 444 | 121 | 38 | 34 |
| 30 Jun 23 | 428 | 73 | 77 | 36 |
| 31 Mar 23 | 353 | 38 | 75 | 35 |
| 01 Jan 23 | 336 | 47 | 78 | 33 |
| 30 Sep 22 | 325 | 25 | 82 | 35 |
| 30 Jun 22 | 314 | 40 | 61 | 31 |
| 31 Mar 22 | 371 | 69 | 60 | 30 |
| 01 Jan 22 | 409 | 77 | 62 | 29 |
| 30 Sep 21 | 445 | 102 | 59 | 23 |
| 30 Jun 21 | 440 | 107 | 62 | 22 |
| 31 Mar 21 | 350 | 75 | 69 | 20 |
| 31 Dec 20 | 231 | 34 | 62 | 19 |
| 30 Sep 20 | 202 | 30 | 50 | 18 |
| 30 Jun 20 | 273 | 73 | 42 | 17 |
| 31 Mar 20 | 328 | 96 | 37 | 17 |
| 31 Dec 19 | 425 | 141 | 38 | 17 |
| 30 Sep 19 | 449 | 160 | 30 | 17 |
| 30 Jun 19 | 446 | 147 | 30 | 18 |
| 31 Mar 19 | 429 | 148 | 25 | 17 |
| 31 Dec 18 | 401 | 138 | 28 | 17 |
| 31 Dec 17 | 251 | 55 | 47 | 14 |
| 31 Dec 16 | 203 | 43 | 26 | 13 |
| 31 Dec 15 | 202 | 55 | 23 | 12 |
Quality Earnings: 300809 has high quality earnings.
Growing Profit Margin: 300809's current net profit margins (18.9%) are lower than last year (27.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300809's earnings have declined by 1.6% per year over the past 5 years.
Accelerating Growth: 300809's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 300809 had negative earnings growth (-34.3%) over the past year, making it difficult to compare to the Machinery industry average (-0.4%).
Return on Equity
High ROE: 300809's Return on Equity (5.1%) is considered low.