Guangdong Piano Customized Furniture Past Earnings Performance
Past criteria checks 1/6
Guangdong Piano Customized Furniture's earnings have been declining at an average annual rate of -22.6%, while the Consumer Durables industry saw earnings growing at 5.7% annually. Revenues have been growing at an average rate of 1.1% per year. Guangdong Piano Customized Furniture's return on equity is 5.8%, and it has net margins of 6.2%.
Key information
-22.6%
Earnings growth rate
-24.8%
EPS growth rate
| Consumer Durables Industry Growth | 8.1% |
| Revenue growth rate | 1.1% |
| Return on equity | 5.8% |
| Net Margin | 6.2% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Guangdong Piano Customized Furniture 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 | 1,311 | 82 | 202 | 60 |
| 31 Dec 23 | 1,316 | 86 | 195 | 60 |
| 30 Sep 23 | 1,400 | 104 | 207 | 55 |
| 30 Jun 23 | 1,448 | 127 | 217 | 49 |
| 31 Mar 23 | 1,395 | 131 | 239 | 46 |
| 31 Dec 22 | 1,452 | 154 | 226 | 47 |
| 30 Sep 22 | 1,487 | -787 | 1,191 | 49 |
| 30 Jun 22 | 1,554 | -767 | 1,193 | 48 |
| 31 Mar 22 | 1,713 | -745 | 1,184 | 51 |
| 01 Jan 22 | 1,824 | -729 | 1,200 | 52 |
| 30 Sep 21 | 1,801 | 243 | 276 | 51 |
| 30 Jun 21 | 1,824 | 245 | 252 | 56 |
| 31 Mar 21 | 1,660 | 228 | 202 | 49 |
| 31 Dec 20 | 1,494 | 197 | 198 | 46 |
| 30 Sep 20 | 1,474 | 175 | 204 | 42 |
| 30 Jun 20 | 1,431 | 166 | 230 | 39 |
| 31 Mar 20 | 1,438 | 164 | 265 | 39 |
| 31 Dec 19 | 1,471 | 175 | 266 | 37 |
| 30 Sep 19 | 1,341 | 164 | 244 | 38 |
| 30 Jun 19 | 1,222 | 153 | 224 | 36 |
| 31 Mar 19 | 1,140 | 144 | 206 | 42 |
| 31 Dec 18 | 1,110 | 142 | 206 | 36 |
| 30 Sep 18 | 1,049 | 135 | 202 | 33 |
| 30 Jun 18 | 955 | 117 | 171 | 41 |
| 31 Mar 18 | 904 | 108 | 201 | 0 |
| 31 Dec 17 | 826 | 103 | 154 | 27 |
| 30 Sep 17 | 789 | 113 | 144 | 18 |
| 30 Jun 17 | 734 | 107 | 152 | 0 |
| 31 Mar 17 | 666 | 100 | 140 | 0 |
| 31 Dec 16 | 630 | 88 | 139 | 0 |
| 31 Dec 15 | 512 | 69 | 134 | 0 |
| 31 Dec 14 | 503 | 64 | 132 | 0 |
| 31 Dec 13 | 420 | 55 | 97 | 0 |
Quality Earnings: 002853 has high quality earnings.
Growing Profit Margin: 002853's current net profit margins (6.2%) are lower than last year (9.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002853's earnings have declined by 22.6% per year over the past 5 years.
Accelerating Growth: 002853's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002853 had negative earnings growth (-37.7%) over the past year, making it difficult to compare to the Consumer Durables industry average (14%).
Return on Equity
High ROE: 002853's Return on Equity (5.8%) is considered low.