Ningbo Tianyi Medical Appliance Past Earnings Performance
Past criteria checks 0/6
Ningbo Tianyi Medical Appliance's earnings have been declining at an average annual rate of -2.1%, while the Medical Equipment industry saw earnings growing at 7.7% annually. Revenues have been declining at an average rate of 4.3% per year. Ningbo Tianyi Medical Appliance's return on equity is 4%, and it has net margins of 14.2%.
Key information
-2.1%
Earnings growth rate
-11.0%
EPS growth rate
| Medical Equipment Industry Growth | 16.0% |
| Revenue growth rate | -4.3% |
| Return on equity | 4.0% |
| Net Margin | 14.2% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Ningbo Tianyi Medical Appliance 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 | 389 | 55 | 85 | 33 |
| 31 Dec 23 | 381 | 64 | 75 | 31 |
| 30 Sep 23 | 396 | 59 | 62 | 30 |
| 30 Jun 23 | 406 | 94 | 54 | 28 |
| 31 Mar 23 | 407 | 90 | 50 | 29 |
| 01 Jan 23 | 399 | 86 | 49 | 28 |
| 30 Sep 22 | 396 | 109 | 41 | 23 |
| 30 Jun 22 | 409 | 95 | 38 | 24 |
| 31 Mar 22 | 416 | 76 | 35 | 23 |
| 01 Jan 22 | 415 | 78 | 34 | 20 |
| 31 Dec 20 | 379 | 87 | 32 | 16 |
| 31 Dec 19 | 316 | 63 | 39 | 16 |
| 31 Dec 18 | 258 | 45 | 34 | 9 |
| 31 Dec 17 | 240 | 62 | 35 | 0 |
| 31 Dec 16 | 223 | 50 | 37 | 0 |
| 31 Dec 15 | 163 | 30 | 26 | 0 |
| 31 Dec 14 | 135 | 24 | 19 | 0 |
Quality Earnings: 301097 has a high level of non-cash earnings.
Growing Profit Margin: 301097's current net profit margins (14.2%) are lower than last year (22.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301097's earnings have declined by 2.1% per year over the past 5 years.
Accelerating Growth: 301097's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301097 had negative earnings growth (-39%) over the past year, making it difficult to compare to the Medical Equipment industry average (-0.5%).
Return on Equity
High ROE: 301097's Return on Equity (4%) is considered low.