CareRay Digital Medical Technology Past Earnings Performance
Past criteria checks 4/6
CareRay Digital Medical Technology's earnings have been declining at an average annual rate of -42.9%, while the Medical Equipment industry saw earnings growing at 6.1% annually. Revenues have been declining at an average rate of 6.3% per year. CareRay Digital Medical Technology's return on equity is 2.9%, and it has net margins of 8.6%.
Key information
-42.9%
Earnings growth rate
-49.2%
EPS growth rate
| Medical Equipment Industry Growth | 16.0% |
| Revenue growth rate | -6.3% |
| Return on equity | 2.9% |
| Net Margin | 8.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How CareRay Digital Medical 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 Sep 24 | 288 | 25 | 62 | 40 |
| 30 Jun 24 | 292 | 24 | 59 | 42 |
| 31 Mar 24 | 277 | 23 | 56 | 43 |
| 31 Dec 23 | 274 | 15 | 58 | 45 |
| 30 Sep 23 | 243 | 1 | 52 | 46 |
| 30 Jun 23 | 215 | -4 | 52 | 46 |
| 31 Mar 23 | 217 | -5 | 54 | 46 |
| 31 Dec 22 | 205 | -6 | 53 | 45 |
| 30 Sep 22 | 234 | 18 | 60 | 44 |
| 30 Jun 22 | 265 | 36 | 57 | 41 |
| 31 Mar 22 | 291 | 55 | 53 | 36 |
| 31 Dec 21 | 342 | 85 | 50 | 32 |
| 30 Sep 21 | 361 | 93 | 41 | 29 |
| 30 Jun 21 | 394 | 102 | 41 | 28 |
| 31 Mar 21 | 386 | 95 | 39 | 26 |
| 31 Dec 20 | 339 | 75 | 39 | 26 |
| 30 Sep 20 | 325 | 64 | 46 | 24 |
| 31 Dec 19 | 235 | 48 | 44 | 19 |
| 31 Dec 18 | 213 | 49 | 40 | 13 |
| 31 Dec 17 | 198 | 22 | 39 | 13 |
Quality Earnings: 688607 has high quality earnings.
Growing Profit Margin: 688607's current net profit margins (8.6%) are higher than last year (0.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688607's earnings have declined by 42.9% per year over the past 5 years.
Accelerating Growth: 688607's earnings growth over the past year (1860.7%) exceeds its 5-year average (-42.9% per year).
Earnings vs Industry: 688607 earnings growth over the past year (1860.7%) exceeded the Medical Equipment industry -8.8%.
Return on Equity
High ROE: 688607's Return on Equity (2.9%) is considered low.