iRay Technology Past Earnings Performance
Past criteria checks 1/6
iRay Technology has been growing earnings at an average annual rate of 30.2%, while the Medical Equipment industry saw earnings growing at 5.2% annually. Revenues have been growing at an average rate of 22.4% per year. iRay Technology's return on equity is 13.1%, and it has net margins of 30.5%.
Key information
30.2%
Earnings growth rate
26.1%
EPS growth rate
| Medical Equipment Industry Growth | 16.0% |
| Revenue growth rate | 22.4% |
| Return on equity | 13.1% |
| Net Margin | 30.5% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
iRay Technology Company Limited (SHSE:688301) Soars 25% But It's A Story Of Risk Vs Reward
Sep 28
iRay Technology (SHSE:688301) Might Be Having Difficulty Using Its Capital Effectively
Sep 27iRay Technology's (SHSE:688301) Weak Earnings May Only Reveal A Part Of The Whole Picture
Apr 26iRay Technology Company Limited Just Missed EPS By 12%: Here's What Analysts Think Will Happen Next
Apr 23Are iRay Technology Company Limited (SHSE:688301) Investors Paying Above The Intrinsic Value?
Apr 11Slowing Rates Of Return At iRay Technology (SHSE:688301) Leave Little Room For Excitement
Mar 21With iRay Technology Company Limited (SHSE:688301) It Looks Like You'll Get What You Pay For
Feb 28Revenue & Expenses Breakdown
How iRay Technology 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 | 1,933 | 590 | 225 | 293 |
| 31 Mar 24 | 1,914 | 610 | 205 | 272 |
| 31 Dec 23 | 1,864 | 607 | 203 | 261 |
| 30 Sep 23 | 1,842 | 566 | 191 | 259 |
| 30 Jun 23 | 1,786 | 689 | 185 | 255 |
| 31 Mar 23 | 1,663 | 677 | 185 | 244 |
| 31 Dec 22 | 1,549 | 641 | 163 | 239 |
| 30 Sep 22 | 1,468 | 666 | 144 | 218 |
| 30 Jun 22 | 1,352 | 551 | 131 | 196 |
| 31 Mar 22 | 1,291 | 510 | 116 | 174 |
| 31 Dec 21 | 1,187 | 484 | 124 | 146 |
| 30 Sep 21 | 1,054 | 392 | 92 | 119 |
| 30 Jun 21 | 955 | 322 | 86 | 106 |
| 31 Mar 21 | 872 | 265 | 76 | 99 |
| 31 Dec 20 | 784 | 222 | 66 | 94 |
| 30 Sep 20 | 787 | 218 | 80 | 92 |
| 30 Jun 20 | 730 | 180 | 85 | 88 |
| 31 Mar 20 | 581 | 116 | 85 | 86 |
| 31 Dec 19 | 546 | 96 | 87 | 86 |
| 31 Dec 18 | 439 | 61 | 85 | 67 |
| 31 Dec 17 | 356 | 54 | 71 | 47 |
| 31 Dec 16 | 256 | 43 | 84 | 0 |
| 31 Dec 15 | 213 | 19 | 89 | 0 |
Quality Earnings: 688301 has a high level of non-cash earnings.
Growing Profit Margin: 688301's current net profit margins (30.5%) are lower than last year (38.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688301's earnings have grown significantly by 30.2% per year over the past 5 years.
Accelerating Growth: 688301's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688301 had negative earnings growth (-14.4%) over the past year, making it difficult to compare to the Medical Equipment industry average (-8.6%).
Return on Equity
High ROE: 688301's Return on Equity (13.1%) is considered low.