Shenzhen Mindray Bio-Medical Electronics Past Earnings Performance
Past criteria checks 5/6
Shenzhen Mindray Bio-Medical Electronics has been growing earnings at an average annual rate of 21.2%, while the Medical Equipment industry saw earnings growing at 7.7% annually. Revenues have been growing at an average rate of 18.3% per year. Shenzhen Mindray Bio-Medical Electronics's return on equity is 33.4%, and it has net margins of 33.9%.
Key information
21.2%
Earnings growth rate
20.9%
EPS growth rate
| Medical Equipment Industry Growth | 16.0% |
| Revenue growth rate | 18.3% |
| Return on equity | 33.4% |
| Net Margin | 33.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Shenzhen Mindray Bio-Medical Electronics 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 | 35,940 | 12,171 | 7,618 | 3,528 |
| 31 Dec 23 | 34,932 | 11,582 | 7,471 | 3,433 |
| 30 Sep 23 | 34,374 | 11,339 | 7,053 | 3,344 |
| 30 Jun 23 | 33,486 | 10,762 | 7,069 | 3,424 |
| 31 Mar 23 | 31,787 | 10,073 | 6,601 | 3,071 |
| 01 Jan 23 | 30,366 | 9,607 | 6,159 | 2,923 |
| 30 Sep 22 | 29,174 | 9,441 | 5,654 | 2,982 |
| 30 Jun 22 | 27,847 | 8,945 | 5,387 | 2,813 |
| 31 Mar 22 | 26,432 | 8,392 | 5,264 | 2,640 |
| 01 Jan 22 | 25,270 | 8,002 | 5,098 | 2,524 |
| 30 Sep 21 | 24,354 | 7,957 | 4,688 | 2,148 |
| 30 Jun 21 | 23,240 | 7,548 | 4,603 | 2,027 |
| 31 Mar 21 | 22,066 | 7,059 | 4,577 | 1,976 |
| 31 Dec 20 | 21,026 | 6,658 | 4,539 | 1,869 |
| 30 Sep 20 | 20,240 | 6,373 | 4,740 | 1,732 |
| 30 Jun 20 | 18,915 | 5,765 | 4,672 | 1,664 |
| 31 Mar 20 | 17,391 | 4,988 | 4,651 | 1,603 |
| 31 Dec 19 | 16,556 | 4,681 | 4,380 | 1,466 |
| 30 Sep 19 | 15,853 | 4,494 | 4,267 | 1,382 |
| 30 Jun 19 | 15,151 | 4,217 | 4,181 | 1,333 |
| 31 Mar 19 | 14,423 | 3,918 | 4,036 | 1,331 |
| 31 Dec 18 | 13,753 | 3,719 | 3,937 | 1,267 |
| 30 Sep 18 | 13,109 | 3,492 | 3,808 | 1,233 |
| 31 Dec 17 | 11,174 | 2,589 | 3,387 | 1,018 |
| 31 Dec 16 | 9,032 | 1,600 | 4,185 | 0 |
| 31 Dec 15 | 8,013 | 910 | 3,916 | 0 |
| 31 Dec 14 | 7,836 | 1,360 | 3,733 | 0 |
Quality Earnings: 300760 has high quality earnings.
Growing Profit Margin: 300760's current net profit margins (33.9%) are higher than last year (31.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300760's earnings have grown significantly by 21.2% per year over the past 5 years.
Accelerating Growth: 300760's earnings growth over the past year (20.8%) is below its 5-year average (21.2% per year).
Earnings vs Industry: 300760 earnings growth over the past year (20.8%) exceeded the Medical Equipment industry -0.5%.
Return on Equity
High ROE: 300760's Return on Equity (33.4%) is considered high.