Assure Tech (Hangzhou) Past Earnings Performance
Past criteria checks 1/6
Assure Tech (Hangzhou)'s earnings have been declining at an average annual rate of -12.9%, while the Medical Equipment industry saw earnings growing at 6.1% annually. Revenues have been declining at an average rate of 9.6% per year. Assure Tech (Hangzhou)'s return on equity is 1.8%, and it has net margins of 15.3%.
Key information
-12.9%
Earnings growth rate
-16.5%
EPS growth rate
| Medical Equipment Industry Growth | 16.0% |
| Revenue growth rate | -9.6% |
| Return on equity | 1.8% |
| Net Margin | 15.3% |
| Next Earnings Update | 28 Nov 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Assure Tech (Hangzhou) 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 | 590 | 90 | 103 | 114 |
| 30 Jun 24 | 547 | 90 | 110 | 107 |
| 31 Mar 24 | 511 | 161 | 109 | 101 |
| 31 Dec 23 | 503 | 142 | 109 | 105 |
| 30 Sep 23 | 355 | 99 | -98 | -294 |
| 30 Jun 23 | 440 | 334 | -85 | -277 |
| 31 Mar 23 | 813 | 414 | 39 | -202 |
| 31 Dec 22 | 6,166 | 3,045 | 555 | 329 |
| 30 Sep 22 | 7,034 | 3,587 | 767 | 731 |
| 30 Jun 22 | 7,025 | 3,414 | 734 | 705 |
| 31 Mar 22 | 6,873 | 3,338 | 598 | 619 |
| 31 Dec 21 | 1,589 | 739 | 72 | 70 |
| 30 Sep 21 | 1,412 | 680 | 54 | 65 |
| 30 Jun 21 | 1,386 | 679 | 56 | 61 |
| 31 Mar 21 | 1,237 | 646 | 52 | 57 |
| 31 Dec 20 | 1,200 | 649 | 52 | 58 |
| 31 Dec 19 | 210 | 54 | 28 | 16 |
| 31 Dec 18 | 164 | 33 | 27 | 12 |
| 31 Dec 17 | 111 | -6 | 50 | 8 |
Quality Earnings: 688075 has high quality earnings.
Growing Profit Margin: 688075's current net profit margins (15.3%) are lower than last year (28%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688075's earnings have declined by 12.9% per year over the past 5 years.
Accelerating Growth: 688075's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688075 had negative earnings growth (-8.9%) over the past year, making it difficult to compare to the Medical Equipment industry average (-8.8%).
Return on Equity
High ROE: 688075's Return on Equity (1.8%) is considered low.