Double Medical Technology Past Earnings Performance
Past criteria checks 1/6
Double Medical Technology's earnings have been declining at an average annual rate of -32.1%, while the Medical Equipment industry saw earnings growing at 6.1% annually. Revenues have been growing at an average rate of 3.9% per year. Double Medical Technology's return on equity is 7.1%, and it has net margins of 10.4%.
Key information
-32.1%
Earnings growth rate
-32.6%
EPS growth rate
| Medical Equipment Industry Growth | 16.0% |
| Revenue growth rate | 3.9% |
| Return on equity | 7.1% |
| Net Margin | 10.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Double 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 | 1,937 | 201 | 754 | 308 |
| 30 Jun 24 | 1,748 | 104 | 717 | 296 |
| 31 Mar 24 | 1,569 | 62 | 700 | 282 |
| 31 Dec 23 | 1,533 | 59 | 690 | 285 |
| 30 Sep 23 | 1,325 | -22 | 655 | 263 |
| 30 Jun 23 | 1,356 | 6 | 723 | 280 |
| 31 Mar 23 | 1,394 | 39 | 755 | 273 |
| 31 Dec 22 | 1,434 | 93 | 786 | 257 |
| 30 Sep 22 | 1,924 | 432 | 878 | 244 |
| 30 Jun 22 | 1,976 | 536 | 836 | 203 |
| 31 Mar 22 | 2,050 | 654 | 804 | 183 |
| 01 Jan 22 | 1,994 | 673 | 763 | 167 |
| 30 Sep 21 | 1,782 | 632 | 674 | 152 |
| 30 Jun 21 | 1,761 | 658 | 640 | 139 |
| 31 Mar 21 | 1,732 | 647 | 618 | 134 |
| 31 Dec 20 | 1,587 | 606 | 574 | 128 |
| 30 Sep 20 | 1,497 | 550 | 572 | 118 |
| 30 Jun 20 | 1,387 | 522 | 535 | 113 |
| 31 Mar 20 | 1,270 | 472 | 502 | 107 |
| 31 Dec 19 | 1,257 | 465 | 467 | 100 |
| 30 Sep 19 | 1,097 | 431 | 361 | 88 |
| 30 Jun 19 | 964 | 404 | 279 | 77 |
| 31 Mar 19 | 835 | 386 | 201 | 69 |
| 31 Dec 18 | 772 | 371 | 167 | 65 |
| 30 Sep 18 | 698 | 368 | 144 | 59 |
| 30 Jun 18 | 670 | 339 | 110 | 84 |
| 31 Mar 18 | 620 | 308 | 109 | 67 |
| 31 Dec 17 | 594 | 296 | 109 | 54 |
| 30 Sep 17 | 560 | 261 | 112 | 40 |
| 31 Dec 16 | 463 | 219 | 131 | 0 |
| 31 Dec 15 | 392 | 189 | 97 | 0 |
| 31 Dec 14 | 299 | 139 | 76 | 0 |
Quality Earnings: 002901 has a large one-off gain of CN¥47.5M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 002901 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002901's earnings have declined by 32.1% per year over the past 5 years.
Accelerating Growth: 002901 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 002901 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Medical Equipment industry (-8.8%).
Return on Equity
High ROE: 002901's Return on Equity (7.1%) is considered low.