Suzhou Veichi Electric Past Earnings Performance
Past criteria checks 4/6
Suzhou Veichi Electric has been growing earnings at an average annual rate of 24.9%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 23.8% per year. Suzhou Veichi Electric's return on equity is 11.3%, and it has net margins of 16.1%.
Key information
24.9%
Earnings growth rate
16.9%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 23.8% |
| Return on equity | 11.3% |
| Net Margin | 16.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Suzhou Veichi Electric 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 | 1,516 | 244 | 199 | 201 |
| 30 Jun 24 | 1,451 | 218 | 193 | 188 |
| 31 Mar 24 | 1,348 | 202 | 176 | 179 |
| 31 Dec 23 | 1,305 | 191 | 163 | 163 |
| 30 Sep 23 | 1,186 | 182 | 145 | 143 |
| 30 Jun 23 | 1,090 | 168 | 140 | 130 |
| 31 Mar 23 | 992 | 153 | 124 | 115 |
| 31 Dec 22 | 906 | 140 | 113 | 107 |
| 30 Sep 22 | 869 | 141 | 99 | 92 |
| 30 Jun 22 | 845 | 139 | 89 | 85 |
| 31 Mar 22 | 849 | 135 | 86 | 82 |
| 31 Dec 21 | 819 | 127 | 86 | 76 |
| 30 Sep 21 | 769 | 114 | 80 | 68 |
| 30 Jun 21 | 724 | 103 | 83 | 66 |
| 31 Mar 21 | 664 | 99 | 80 | 61 |
| 31 Dec 20 | 572 | 88 | 71 | 53 |
| 30 Sep 20 | 543 | 80 | 79 | 51 |
| 31 Dec 19 | 446 | 58 | 71 | 43 |
| 31 Dec 18 | 357 | 35 | 68 | 37 |
| 31 Dec 17 | 323 | 32 | 55 | 34 |
Quality Earnings: 688698 has a high level of non-cash earnings.
Growing Profit Margin: 688698's current net profit margins (16.1%) are higher than last year (15.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688698's earnings have grown significantly by 24.9% per year over the past 5 years.
Accelerating Growth: 688698's earnings growth over the past year (34.1%) exceeds its 5-year average (24.9% per year).
Earnings vs Industry: 688698 earnings growth over the past year (34.1%) exceeded the Electrical industry 1.1%.
Return on Equity
High ROE: 688698's Return on Equity (11.3%) is considered low.