Shandong Weigao Orthopaedic Device Past Earnings Performance
Past criteria checks 1/6
Shandong Weigao Orthopaedic Device's earnings have been declining at an average annual rate of -27.8%, while the Medical Equipment industry saw earnings growing at 6.1% annually. Revenues have been declining at an average rate of 8.6% per year. Shandong Weigao Orthopaedic Device's return on equity is 4.1%, and it has net margins of 12%.
Key information
-27.8%
Earnings growth rate
-31.0%
EPS growth rate
| Medical Equipment Industry Growth | 16.0% |
| Revenue growth rate | -8.6% |
| Return on equity | 4.1% |
| Net Margin | 12.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Shandong Weigao Orthopaedic Device 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 | 1,284 | 155 | 544 | 135 |
| 30 Jun 24 | 1,229 | 94 | 572 | 132 |
| 31 Mar 24 | 1,242 | 53 | 596 | 132 |
| 31 Dec 23 | 1,284 | 112 | 617 | 130 |
| 30 Sep 23 | 1,594 | 238 | 694 | 114 |
| 30 Jun 23 | 1,654 | 278 | 745 | 119 |
| 31 Mar 23 | 2,060 | 580 | 799 | 125 |
| 31 Dec 22 | 2,058 | 601 | 801 | 118 |
| 30 Sep 22 | 2,129 | 680 | 813 | 130 |
| 30 Jun 22 | 2,268 | 755 | 845 | 131 |
| 31 Mar 22 | 2,120 | 694 | 809 | 117 |
| 31 Dec 21 | 2,154 | 690 | 832 | 121 |
| 30 Sep 21 | 2,133 | 670 | 837 | 104 |
| 30 Jun 21 | 2,087 | 660 | 808 | 100 |
| 31 Mar 21 | 1,958 | 614 | 766 | 89 |
| 31 Dec 20 | 1,824 | 558 | 715 | 82 |
| 31 Dec 19 | 1,574 | 442 | 697 | 74 |
| 31 Dec 18 | 1,211 | 324 | 507 | 48 |
| 31 Dec 17 | 906 | 203 | 356 | 38 |
| 31 Dec 15 | 670 | 220 | 227 | 0 |
| 31 Dec 14 | 602 | 218 | 178 | 0 |
| 31 Dec 13 | 512 | 219 | 152 | 0 |
Quality Earnings: 688161 has high quality earnings.
Growing Profit Margin: 688161's current net profit margins (12%) are lower than last year (14.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688161's earnings have declined by 27.8% per year over the past 5 years.
Accelerating Growth: 688161's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688161 had negative earnings growth (-35.1%) over the past year, making it difficult to compare to the Medical Equipment industry average (-8.8%).
Return on Equity
High ROE: 688161's Return on Equity (4.1%) is considered low.