Suzhou Iron TechnologyLTD Past Earnings Performance
Past criteria checks 0/6
Suzhou Iron TechnologyLTD's earnings have been declining at an average annual rate of -3.7%, while the Medical Equipment industry saw earnings growing at 5.8% annually. Revenues have been growing at an average rate of 5.6% per year. Suzhou Iron TechnologyLTD's return on equity is 1.4%, and it has net margins of 3.5%.
Key information
-3.7%
Earnings growth rate
-11.5%
EPS growth rate
| Medical Equipment Industry Growth | 16.0% |
| Revenue growth rate | 5.6% |
| Return on equity | 1.4% |
| Net Margin | 3.5% |
| Next Earnings Update | 27 Aug 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Suzhou Iron TechnologyLTD 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 | 368 | 13 | 126 | 58 |
| 31 Dec 23 | 364 | 30 | 123 | 55 |
| 30 Sep 23 | 439 | 87 | 106 | 51 |
| 30 Jun 23 | 474 | 100 | 112 | 50 |
| 31 Mar 23 | 485 | 105 | 107 | 49 |
| 31 Dec 22 | 477 | 102 | 105 | 45 |
| 30 Sep 22 | 484 | 117 | 109 | 41 |
| 30 Jun 22 | 425 | 107 | 97 | 41 |
| 31 Mar 22 | 392 | 89 | 106 | 39 |
| 31 Dec 21 | 389 | 96 | 105 | 40 |
| 30 Sep 21 | 361 | 83 | 94 | 40 |
| 30 Jun 21 | 350 | 77 | 93 | 36 |
| 31 Mar 21 | 340 | 84 | 88 | 34 |
| 31 Dec 20 | 310 | 72 | 81 | 32 |
| 31 Dec 19 | 291 | 54 | 85 | 23 |
| 31 Dec 18 | 239 | 51 | 72 | 20 |
| 31 Dec 17 | 196 | 40 | 54 | 20 |
| 31 Dec 16 | 164 | 22 | 48 | 15 |
Quality Earnings: 688329 has a large one-off gain of CN¥5.0M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 688329's current net profit margins (3.5%) are lower than last year (21.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688329's earnings have declined by 3.7% per year over the past 5 years.
Accelerating Growth: 688329's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688329 had negative earnings growth (-87.6%) over the past year, making it difficult to compare to the Medical Equipment industry average (4.5%).
Return on Equity
High ROE: 688329's Return on Equity (1.4%) is considered low.