Bear Electric ApplianceLtd Past Earnings Performance
Past criteria checks 1/6
Bear Electric ApplianceLtd has been growing earnings at an average annual rate of 10%, while the Consumer Durables industry saw earnings growing at 5.7% annually. Revenues have been growing at an average rate of 13% per year. Bear Electric ApplianceLtd's return on equity is 15%, and it has net margins of 9.3%.
Key information
10.0%
Earnings growth rate
6.4%
EPS growth rate
| Consumer Durables Industry Growth | 8.1% |
| Revenue growth rate | 13.0% |
| Return on equity | 15.0% |
| Net Margin | 9.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
There Are Some Reasons To Suggest That Bear Electric ApplianceLtd's (SZSE:002959) Earnings Are A Poor Reflection Of Profitability
Apr 15
Bear Electric Appliance Co.,Ltd. (SZSE:002959) Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Apr 10Lacklustre Performance Is Driving Bear Electric Appliance Co.,Ltd.'s (SZSE:002959) Low P/E
Feb 27Revenue & Expenses BreakdownBeta
How Bear Electric ApplianceLtd 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 | 4,655 | 431 | 1,094 | 149 |
| 31 Dec 23 | 4,712 | 445 | 1,080 | 143 |
| 30 Sep 23 | 4,737 | 461 | 1,135 | 148 |
| 30 Jun 23 | 4,611 | 475 | 1,047 | 143 |
| 31 Mar 23 | 4,392 | 447 | 939 | 139 |
| 01 Jan 23 | 4,118 | 386 | 879 | 137 |
| 30 Sep 22 | 3,940 | 335 | 798 | 132 |
| 30 Jun 22 | 3,821 | 293 | 767 | 133 |
| 31 Mar 22 | 3,676 | 298 | 745 | 129 |
| 01 Jan 22 | 3,606 | 283 | 719 | 130 |
| 30 Sep 21 | 3,527 | 295 | 613 | 125 |
| 30 Jun 21 | 3,576 | 313 | 626 | 125 |
| 31 Mar 21 | 3,828 | 415 | 613 | 116 |
| 31 Dec 20 | 3,660 | 428 | 558 | 105 |
| 30 Sep 20 | 3,465 | 422 | 590 | 96 |
| 30 Jun 20 | 3,217 | 395 | 530 | 83 |
| 31 Mar 20 | 2,797 | 315 | 482 | 80 |
| 31 Dec 19 | 2,688 | 268 | 487 | 77 |
| 30 Sep 19 | 2,444 | 234 | 457 | 67 |
| 31 Mar 19 | 2,203 | 199 | 387 | 57 |
| 31 Dec 18 | 2,041 | 186 | 359 | 47 |
| 31 Dec 17 | 1,647 | 147 | 329 | 0 |
| 31 Dec 16 | 1,054 | 106 | 196 | 0 |
| 31 Dec 15 | 725 | 72 | 143 | 0 |
Quality Earnings: 002959 has a high level of non-cash earnings.
Growing Profit Margin: 002959's current net profit margins (9.3%) are lower than last year (10.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002959's earnings have grown by 10% per year over the past 5 years.
Accelerating Growth: 002959's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002959 had negative earnings growth (-3.5%) over the past year, making it difficult to compare to the Consumer Durables industry average (14%).
Return on Equity
High ROE: 002959's Return on Equity (15%) is considered low.