Ningbo Kangqiang Electronics Past Earnings Performance
Past criteria checks 4/6
Ningbo Kangqiang Electronics's earnings have been declining at an average annual rate of -1.7%, while the Semiconductor industry saw earnings growing at 14.2% annually. Revenues have been growing at an average rate of 4.8% per year. Ningbo Kangqiang Electronics's return on equity is 7.4%, and it has net margins of 5.1%.
Key information
-1.7%
Earnings growth rate
-2.0%
EPS growth rate
| Semiconductor Industry Growth | 27.3% |
| Revenue growth rate | 4.8% |
| Return on equity | 7.4% |
| Net Margin | 5.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Subdued Growth No Barrier To Ningbo Kangqiang Electronics Co., Ltd (SZSE:002119) With Shares Advancing 31%
Nov 12
Ningbo Kangqiang Electronics Co., Ltd's (SZSE:002119) Business Is Yet to Catch Up With Its Share Price
Sep 28Some Confidence Is Lacking In Ningbo Kangqiang Electronics Co., Ltd's (SZSE:002119) P/E
Jun 13Ningbo Kangqiang Electronics' (SZSE:002119) Anemic Earnings Might Be Worse Than You Think
Apr 01Optimistic Investors Push Ningbo Kangqiang Electronics Co., Ltd (SZSE:002119) Shares Up 31% But Growth Is Lacking
Mar 06Revenue & Expenses Breakdown
How Ningbo Kangqiang Electronics 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 | 1,957 | 100 | 101 | 72 |
| 30 Jun 24 | 1,908 | 82 | 94 | 72 |
| 31 Mar 24 | 1,823 | 80 | 94 | 72 |
| 31 Dec 23 | 1,780 | 81 | 93 | 73 |
| 30 Sep 23 | 1,703 | 65 | 83 | 71 |
| 30 Jun 23 | 1,614 | 70 | 80 | 71 |
| 31 Mar 23 | 1,649 | 91 | 78 | 75 |
| 01 Jan 23 | 1,703 | 102 | 78 | 74 |
| 30 Sep 22 | 1,844 | 153 | 75 | 77 |
| 30 Jun 22 | 2,074 | 188 | 85 | 82 |
| 31 Mar 22 | 2,162 | 189 | 88 | 82 |
| 31 Dec 21 | 2,195 | 181 | 96 | 80 |
| 30 Sep 21 | 2,131 | 141 | 112 | 71 |
| 30 Jun 21 | 1,950 | 107 | 114 | 63 |
| 31 Mar 21 | 1,746 | 99 | 117 | 61 |
| 31 Dec 20 | 1,549 | 88 | 106 | 62 |
| 30 Sep 20 | 1,471 | 85 | 108 | 63 |
| 30 Jun 20 | 1,422 | 96 | 101 | 66 |
| 31 Mar 20 | 1,378 | 78 | 96 | 64 |
| 31 Dec 19 | 1,418 | 93 | 100 | 65 |
| 30 Sep 19 | 1,364 | 94 | 99 | 63 |
| 30 Jun 19 | 1,392 | 89 | 96 | 61 |
| 31 Mar 19 | 1,458 | 89 | 95 | 63 |
| 31 Dec 18 | 1,483 | 80 | 92 | 61 |
| 30 Sep 18 | 1,511 | 73 | 98 | 61 |
| 30 Jun 18 | 1,459 | 70 | 68 | 82 |
| 31 Mar 18 | 1,378 | 68 | 77 | 65 |
| 31 Dec 17 | 1,304 | 64 | 90 | 51 |
| 30 Sep 17 | 1,232 | 68 | 101 | 36 |
| 30 Jun 17 | 1,221 | 59 | 145 | 0 |
| 31 Mar 17 | 1,205 | 50 | 137 | 0 |
| 31 Dec 16 | 1,197 | 44 | 132 | 0 |
| 30 Sep 16 | 1,159 | 22 | 117 | 0 |
| 30 Jun 16 | 1,071 | 3 | 104 | 0 |
| 31 Mar 16 | 1,032 | -50 | 114 | 0 |
| 31 Dec 15 | 1,021 | -57 | 113 | 0 |
| 30 Sep 15 | 1,172 | -48 | 115 | 0 |
| 30 Jun 15 | 1,279 | -41 | 118 | 0 |
| 31 Mar 15 | 1,304 | 3 | 113 | 0 |
| 31 Dec 14 | 1,329 | 2 | 114 | 0 |
| 30 Sep 14 | 1,264 | 5 | 116 | 0 |
| 30 Jun 14 | 1,233 | 10 | 118 | 0 |
| 31 Mar 14 | 1,258 | 14 | 111 | 0 |
| 31 Dec 13 | 1,271 | 17 | 104 | 0 |
Quality Earnings: 002119 has high quality earnings.
Growing Profit Margin: 002119's current net profit margins (5.1%) are higher than last year (3.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002119's earnings have declined by 1.7% per year over the past 5 years.
Accelerating Growth: 002119's earnings growth over the past year (53.9%) exceeds its 5-year average (-1.7% per year).
Earnings vs Industry: 002119 earnings growth over the past year (53.9%) exceeded the Semiconductor industry 12.1%.
Return on Equity
High ROE: 002119's Return on Equity (7.4%) is considered low.