Guoguang Electric Past Earnings Performance
Past criteria checks 5/6
Guoguang Electric has been growing earnings at an average annual rate of 18.6%, while the Consumer Durables industry saw earnings growing at 6.1% annually. Revenues have been growing at an average rate of 9.3% per year. Guoguang Electric's return on equity is 9.6%, and it has net margins of 6.3%.
Key information
18.6%
Earnings growth rate
19.2%
EPS growth rate
| Consumer Durables Industry Growth | 8.1% |
| Revenue growth rate | 9.3% |
| Return on equity | 9.6% |
| Net Margin | 6.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Guoguang 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 |
|---|---|---|---|---|
| 31 Mar 24 | 6,115 | 383 | 304 | 346 |
| 31 Dec 23 | 5,933 | 361 | 273 | 319 |
| 30 Sep 23 | 5,716 | 321 | 255 | 266 |
| 30 Jun 23 | 5,870 | 181 | 260 | 273 |
| 31 Mar 23 | 5,959 | 179 | 260 | 269 |
| 01 Jan 23 | 5,994 | 178 | 268 | 274 |
| 30 Sep 22 | 6,089 | 90 | 272 | 292 |
| 30 Jun 22 | 5,250 | -5 | 255 | 275 |
| 31 Mar 22 | 4,830 | -9 | 238 | 263 |
| 01 Jan 22 | 4,815 | 40 | 232 | 252 |
| 30 Sep 21 | 4,661 | 158 | 211 | 250 |
| 30 Jun 21 | 5,025 | 257 | 228 | 234 |
| 31 Mar 21 | 4,704 | 235 | 232 | 220 |
| 31 Dec 20 | 4,254 | 187 | 235 | 206 |
| 30 Sep 20 | 4,070 | 190 | 246 | 189 |
| 30 Jun 20 | 4,125 | 206 | 242 | 183 |
| 31 Mar 20 | 4,364 | 355 | 254 | 191 |
| 31 Dec 19 | 4,446 | 353 | 260 | 190 |
| 30 Sep 19 | 4,407 | 154 | 245 | 190 |
| 30 Jun 19 | 4,109 | -49 | 243 | 207 |
| 31 Mar 19 | 3,898 | -226 | 232 | 202 |
| 31 Dec 18 | 4,042 | -219 | 231 | 207 |
| 30 Sep 18 | 4,445 | -26 | 242 | 195 |
| 30 Jun 18 | 4,325 | 110 | 166 | 267 |
| 31 Mar 18 | 4,256 | 124 | 215 | 221 |
| 31 Dec 17 | 4,049 | 131 | 248 | 181 |
| 30 Sep 17 | 3,442 | 123 | 287 | 130 |
| 30 Jun 17 | 3,074 | 91 | 391 | 0 |
| 31 Mar 17 | 2,881 | 76 | 380 | 0 |
| 31 Dec 16 | 2,569 | 60 | 366 | 0 |
| 30 Sep 16 | 2,379 | 52 | 353 | 0 |
| 30 Jun 16 | 2,236 | 47 | 344 | 0 |
| 31 Mar 16 | 2,158 | 46 | 328 | 0 |
| 31 Dec 15 | 2,231 | 48 | 324 | 0 |
| 30 Sep 15 | 2,130 | 67 | 294 | 0 |
| 30 Jun 15 | 2,097 | 77 | 285 | 0 |
| 31 Mar 15 | 2,078 | 91 | 275 | 0 |
| 31 Dec 14 | 2,016 | 93 | 268 | 0 |
| 30 Sep 14 | 1,978 | 76 | 268 | 0 |
| 30 Jun 14 | 2,007 | 65 | 280 | 0 |
| 31 Mar 14 | 2,029 | 73 | 281 | 0 |
| 31 Dec 13 | 2,021 | 79 | 269 | 0 |
| 30 Sep 13 | 1,978 | 8 | 272 | 0 |
| 30 Jun 13 | 1,831 | -11 | 252 | 0 |
Quality Earnings: 002045 has high quality earnings.
Growing Profit Margin: 002045's current net profit margins (6.3%) are higher than last year (3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002045 has become profitable over the past 5 years, growing earnings by 18.6% per year.
Accelerating Growth: 002045's earnings growth over the past year (113.3%) exceeds its 5-year average (18.6% per year).
Earnings vs Industry: 002045 earnings growth over the past year (113.3%) exceeded the Consumer Durables industry 14%.
Return on Equity
High ROE: 002045's Return on Equity (9.6%) is considered low.