Mingchen HealthLtd Past Earnings Performance
Past criteria checks 1/6
Mingchen HealthLtd has been growing earnings at an average annual rate of 1.7%, while the Personal Products industry saw earnings growing at 7.9% annually. Revenues have been growing at an average rate of 24.6% per year. Mingchen HealthLtd's return on equity is 0.1%, and it has net margins of 0.1%.
Key information
1.7%
Earnings growth rate
1.6%
EPS growth rate
| Personal Products Industry Growth | 7.8% |
| Revenue growth rate | 24.6% |
| Return on equity | 0.1% |
| Net Margin | 0.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Mingchen Health Co.,Ltd.'s (SZSE:002919) Shares Climb 35% But Its Business Is Yet to Catch Up
Aug 15
We Like These Underlying Return On Capital Trends At Mingchen HealthLtd (SZSE:002919)
Aug 07Mingchen Health Co.,Ltd. (SZSE:002919) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
Jun 06Solid Earnings Reflect Mingchen HealthLtd's (SZSE:002919) Strength As A Business
May 05Mingchen Health Co.,Ltd. (SZSE:002919) Might Not Be As Mispriced As It Looks
Apr 17Mingchen HealthLtd's (SZSE:002919) Returns On Capital Are Heading Higher
Feb 27Revenue & Expenses Breakdown
How Mingchen HealthLtd 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 | 1,319 | 1 | 633 | 72 |
| 30 Jun 24 | 1,458 | 31 | 706 | 86 |
| 31 Mar 24 | 1,593 | 81 | 761 | 99 |
| 31 Dec 23 | 1,638 | 70 | 787 | 111 |
| 30 Sep 23 | 1,686 | 210 | 862 | 121 |
| 30 Jun 23 | 1,445 | 98 | 707 | 124 |
| 31 Mar 23 | 1,203 | 58 | 546 | 117 |
| 01 Jan 23 | 945 | 25 | 392 | 110 |
| 30 Sep 22 | 734 | -6 | 182 | 106 |
| 30 Jun 22 | 687 | 62 | 163 | 102 |
| 31 Mar 22 | 676 | 72 | 167 | 101 |
| 01 Jan 22 | 744 | 133 | 159 | 99 |
| 30 Sep 21 | 809 | 176 | 134 | 96 |
| 30 Jun 21 | 843 | 185 | 138 | 84 |
| 31 Mar 21 | 805 | 159 | 131 | 65 |
| 31 Dec 20 | 681 | 102 | 126 | 46 |
| 30 Sep 20 | 604 | 49 | 146 | 24 |
| 30 Jun 20 | 525 | 26 | 145 | 17 |
| 31 Mar 20 | 498 | 21 | 148 | 15 |
| 31 Dec 19 | 517 | 23 | 151 | 16 |
| 30 Sep 19 | 530 | 25 | 156 | 16 |
| 30 Jun 19 | 518 | 23 | 152 | 16 |
| 31 Mar 19 | 539 | 30 | 158 | 16 |
| 31 Dec 18 | 546 | 30 | 159 | 15 |
| 30 Sep 18 | 554 | 38 | 158 | 16 |
| 30 Jun 18 | 597 | 45 | 152 | 24 |
| 31 Mar 18 | 625 | 47 | 161 | 20 |
| 31 Dec 17 | 642 | 49 | 165 | 18 |
| 31 Dec 16 | 596 | 47 | 158 | 0 |
| 31 Dec 15 | 588 | 44 | 153 | 0 |
| 31 Dec 14 | 559 | 32 | 167 | 0 |
Quality Earnings: 002919 has a large one-off loss of CN¥13.5M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 002919's current net profit margins (0.1%) are lower than last year (12.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002919's earnings have grown by 1.7% per year over the past 5 years.
Accelerating Growth: 002919's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002919 had negative earnings growth (-99.4%) over the past year, making it difficult to compare to the Personal Products industry average (-6%).
Return on Equity
High ROE: 002919's Return on Equity (0.1%) is considered low.