Suzhou Mingzhi Technology Past Earnings Performance
Past criteria checks 3/6
Suzhou Mingzhi Technology's earnings have been declining at an average annual rate of -30.3%, while the Metals and Mining industry saw earnings growing at 9.8% annually. Revenues have been declining at an average rate of 3.8% per year. Suzhou Mingzhi Technology's return on equity is 6.4%, and it has net margins of 10.9%.
Key information
-30.3%
Earnings growth rate
-38.3%
EPS growth rate
| Metals and Mining Industry Growth | 13.1% |
| Revenue growth rate | -3.8% |
| Return on equity | 6.4% |
| Net Margin | 10.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
We Think That There Are Issues Underlying Suzhou Mingzhi Technology's (SHSE:688355) Earnings
Nov 06
We Think That There Are More Issues For Suzhou Mingzhi Technology (SHSE:688355) Than Just Sluggish Earnings
Apr 25Recent updates
Subdued Growth No Barrier To Suzhou Mingzhi Technology Co., Ltd. (SHSE:688355) With Shares Advancing 31%
Nov 11We Think That There Are Issues Underlying Suzhou Mingzhi Technology's (SHSE:688355) Earnings
Nov 06Suzhou Mingzhi Technology (SHSE:688355) Will Be Hoping To Turn Its Returns On Capital Around
Oct 25Pinning Down Suzhou Mingzhi Technology Co., Ltd.'s (SHSE:688355) P/E Is Difficult Right Now
Aug 30Suzhou Mingzhi Technology Co., Ltd.'s (SHSE:688355) 26% Share Price Surge Not Quite Adding Up
May 20We Think That There Are More Issues For Suzhou Mingzhi Technology (SHSE:688355) Than Just Sluggish Earnings
Apr 25A Look At The Fair Value Of Suzhou Mingzhi Technology Co., Ltd. (SHSE:688355)
Apr 17Revenues Tell The Story For Suzhou Mingzhi Technology Co., Ltd. (SHSE:688355) As Its Stock Soars 28%
Mar 08Revenue & Expenses Breakdown
How Suzhou Mingzhi 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 | 622 | 68 | 95 | 64 |
| 30 Jun 24 | 597 | 48 | 96 | 60 |
| 31 Mar 24 | 547 | 21 | 100 | 60 |
| 31 Dec 23 | 533 | 15 | 101 | 64 |
| 30 Sep 23 | 498 | 12 | 102 | 52 |
| 30 Jun 23 | 563 | 40 | 100 | 51 |
| 31 Mar 23 | 560 | 32 | 97 | 56 |
| 31 Dec 22 | 613 | 37 | 96 | 54 |
| 30 Sep 22 | 700 | 83 | 82 | 53 |
| 30 Jun 22 | 677 | 82 | 86 | 48 |
| 31 Mar 22 | 714 | 109 | 88 | 38 |
| 31 Dec 21 | 714 | 123 | 89 | 32 |
| 30 Sep 21 | 678 | 103 | 90 | 32 |
| 30 Jun 21 | 687 | 112 | 89 | 29 |
| 31 Mar 21 | 658 | 128 | 82 | 28 |
| 31 Dec 20 | 612 | 118 | 78 | 27 |
| 31 Dec 19 | 590 | 74 | 88 | 25 |
| 31 Dec 18 | 471 | 28 | 104 | 27 |
Quality Earnings: 688355 has a large one-off gain of CN¥17.0M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 688355's current net profit margins (10.9%) are higher than last year (2.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688355's earnings have declined by 30.3% per year over the past 5 years.
Accelerating Growth: 688355's earnings growth over the past year (476.6%) exceeds its 5-year average (-30.3% per year).
Earnings vs Industry: 688355 earnings growth over the past year (476.6%) exceeded the Metals and Mining industry -2.3%.
Return on Equity
High ROE: 688355's Return on Equity (6.4%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 01:42 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Suzhou Mingzhi Technology Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yi Liu | Citic Securities Co., Ltd. |