Mingyue Optical LensLtd Past Earnings Performance
Past criteria checks 3/6
Mingyue Optical LensLtd has been growing earnings at an average annual rate of 26.8%, while the Medical Equipment industry saw earnings growing at 7.7% annually. Revenues have been growing at an average rate of 12% per year. Mingyue Optical LensLtd's return on equity is 10.9%, and it has net margins of 21.4%.
Key information
26.8%
Earnings growth rate
16.9%
EPS growth rate
| Medical Equipment Industry Growth | 16.0% |
| Revenue growth rate | 12.0% |
| Return on equity | 10.9% |
| Net Margin | 21.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
We Think You Should Be Aware Of Some Concerning Factors In Mingyue Optical LensLtd's (SZSE:301101) Earnings
May 01
Mingyue Optical LensLtd (SZSE:301101) Will Want To Turn Around Its Return Trends
Apr 12Mingyue Optical Lens Co.,Ltd.'s (SZSE:301101) Popularity With Investors Is Under Threat From Overpricing
Mar 05Revenue & Expenses BreakdownBeta
How Mingyue Optical LensLtd 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 | 769 | 165 | 238 | 29 |
| 31 Dec 23 | 749 | 158 | 226 | 28 |
| 30 Sep 23 | 731 | 171 | 219 | 24 |
| 30 Jun 23 | 703 | 164 | 197 | 25 |
| 31 Mar 23 | 658 | 149 | 183 | 23 |
| 01 Jan 23 | 623 | 136 | 176 | 22 |
| 30 Sep 22 | 620 | 115 | 170 | 20 |
| 30 Jun 22 | 590 | 100 | 174 | 18 |
| 31 Mar 22 | 592 | 91 | 183 | 18 |
| 01 Jan 22 | 576 | 82 | 184 | 18 |
| 30 Sep 21 | 576 | 87 | 323 | 31 |
| 30 Jun 21 | 565 | 83 | 182 | 19 |
| 31 Mar 21 | 536 | 72 | 179 | 18 |
| 31 Dec 20 | 540 | 70 | 181 | 17 |
| 30 Sep 20 | 537 | 64 | 162 | 16 |
| 31 Dec 19 | 553 | 70 | 161 | 16 |
| 31 Dec 18 | 509 | 33 | 145 | 15 |
| 31 Dec 17 | 426 | 17 | 113 | 15 |
Quality Earnings: 301101 has high quality earnings.
Growing Profit Margin: 301101's current net profit margins (21.4%) are lower than last year (22.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301101's earnings have grown significantly by 26.8% per year over the past 5 years.
Accelerating Growth: 301101's earnings growth over the past year (10.4%) is below its 5-year average (26.8% per year).
Earnings vs Industry: 301101 earnings growth over the past year (10.4%) exceeded the Medical Equipment industry -0.5%.
Return on Equity
High ROE: 301101's Return on Equity (10.9%) is considered low.