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 -3%.
Return on Equity
High ROE: 688355's Return on Equity (6.4%) is considered low.