Guangdong Mingyang ElectricLtd Past Earnings Performance
Past criteria checks 4/6
Guangdong Mingyang ElectricLtd has been growing earnings at an average annual rate of 44.4%, while the Electrical industry saw earnings growing at 11.6% annually. Revenues have been growing at an average rate of 38.4% per year. Guangdong Mingyang ElectricLtd's return on equity is 13.1%, and it has net margins of 10.6%.
Key information
44.4%
Earnings growth rate
54.4%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 38.4% |
| Return on equity | 13.1% |
| Net Margin | 10.6% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Guangdong Mingyang ElectricLtd 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 Jun 24 | 5,518 | 583 | 432 | 189 |
| 31 Mar 24 | 5,276 | 544 | 420 | 183 |
| 31 Dec 23 | 4,948 | 498 | 394 | 161 |
| 30 Sep 23 | 4,552 | 414 | 366 | 148 |
| 30 Jun 23 | 3,986 | 332 | 316 | 125 |
| 31 Mar 23 | 3,559 | 296 | 319 | 126 |
| 01 Jan 23 | 3,236 | 265 | 256 | 105 |
| 30 Sep 22 | 2,665 | 216 | 206 | 80 |
| 30 Jun 22 | 2,502 | 189 | 203 | 81 |
| 31 Mar 22 | 2,074 | 141 | 138 | 54 |
| 31 Dec 21 | 2,030 | 161 | 172 | 67 |
| 31 Dec 20 | 1,665 | 178 | 158 | 60 |
| 31 Dec 19 | 1,032 | -63 | 248 | 42 |
| 31 Dec 18 | 256 | 20 | 14 | 8 |
Quality Earnings: 301291 has a high level of non-cash earnings.
Growing Profit Margin: 301291's current net profit margins (10.6%) are higher than last year (8.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301291 has become profitable over the past 5 years, growing earnings by 44.4% per year.
Accelerating Growth: 301291's earnings growth over the past year (75.7%) exceeds its 5-year average (44.4% per year).
Earnings vs Industry: 301291 earnings growth over the past year (75.7%) exceeded the Electrical industry 5.1%.
Return on Equity
High ROE: 301291's Return on Equity (13.1%) is considered low.