Chongqing Millison Technologies Past Earnings Performance
Past criteria checks 1/6
Chongqing Millison Technologies has been growing earnings at an average annual rate of 30.1%, while the Metals and Mining industry saw earnings growing at 11.6% annually. Revenues have been declining at an average rate of 4.4% per year. Chongqing Millison Technologies's return on equity is 2.6%, and it has net margins of 2.8%.
Key information
30.1%
Earnings growth rate
9.1%
EPS growth rate
| Metals and Mining Industry Growth | 13.1% |
| Revenue growth rate | -4.4% |
| Return on equity | 2.6% |
| Net Margin | 2.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Chongqing Millison Technologies 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 |
|---|---|---|---|---|
| 31 Mar 24 | 3,137 | 86 | 190 | 145 |
| 31 Dec 23 | 3,189 | 136 | 173 | 148 |
| 30 Sep 23 | 3,277 | 240 | 156 | 169 |
| 30 Jun 23 | 3,355 | 265 | 152 | 154 |
| 31 Mar 23 | 3,280 | 240 | 135 | 143 |
| 01 Jan 23 | 3,170 | 224 | 136 | 135 |
| 30 Sep 22 | 2,890 | 146 | 138 | 116 |
| 30 Jun 22 | 2,696 | 123 | 129 | 112 |
| 31 Mar 22 | 2,489 | 111 | 121 | 103 |
| 31 Dec 21 | 2,281 | 99 | 114 | 94 |
| 31 Dec 20 | 1,834 | 93 | 128 | 85 |
| 31 Dec 19 | 1,376 | -25 | 129 | 75 |
| 31 Dec 18 | 1,115 | -25 | 125 | 50 |
Quality Earnings: 301307 has a large one-off gain of CN¥15.7M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 301307's current net profit margins (2.8%) are lower than last year (7.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301307 has become profitable over the past 5 years, growing earnings by 30.1% per year.
Accelerating Growth: 301307's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301307 had negative earnings growth (-64%) over the past year, making it difficult to compare to the Metals and Mining industry average (-0.4%).
Return on Equity
High ROE: 301307's Return on Equity (2.6%) is considered low.