SHENZHEN TOPRAYSOLARLtd Past Earnings Performance
Past criteria checks 0/6
SHENZHEN TOPRAYSOLARLtd's earnings have been declining at an average annual rate of -4.9%, while the Semiconductor industry saw earnings growing at 22.9% annually. Revenues have been growing at an average rate of 1.8% per year. SHENZHEN TOPRAYSOLARLtd's return on equity is 0.6%, and it has net margins of 2.1%.
Key information
-4.9%
Earnings growth rate
-7.8%
EPS growth rate
| Semiconductor Industry Growth | 27.3% |
| Revenue growth rate | 1.8% |
| Return on equity | 0.6% |
| Net Margin | 2.1% |
| Next Earnings Update | 30 Apr 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How SHENZHEN TOPRAYSOLARLtd 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 Dec 23 | 1,127 | 23 | 155 | 21 |
| 30 Sep 23 | 1,093 | 50 | 159 | 19 |
| 30 Jun 23 | 1,068 | 52 | 153 | 23 |
| 31 Mar 23 | 1,169 | 98 | 137 | 26 |
| 31 Dec 22 | 1,323 | 96 | 124 | 25 |
| 30 Sep 22 | 1,348 | 132 | 125 | 29 |
| 30 Jun 22 | 1,444 | 105 | 119 | 24 |
| 31 Mar 22 | 1,460 | 140 | 126 | 23 |
| 01 Jan 22 | 1,424 | 195 | 133 | 25 |
| 30 Sep 21 | 1,461 | 194 | 80 | 29 |
| 30 Jun 21 | 1,456 | 228 | 97 | 26 |
| 31 Mar 21 | 1,539 | 162 | 110 | 23 |
| 31 Dec 20 | 1,361 | 166 | 113 | 22 |
| 30 Sep 20 | 1,317 | 146 | 161 | 12 |
| 30 Jun 20 | 1,246 | 128 | 153 | 12 |
| 31 Mar 20 | 1,025 | 141 | 133 | 7 |
| 31 Dec 19 | 1,054 | 78 | 129 | 6 |
| 30 Sep 19 | 1,098 | 89 | 132 | -2 |
| 30 Jun 19 | 1,083 | 79 | 129 | -1 |
| 31 Mar 19 | 1,147 | 90 | 134 | 2 |
| 31 Dec 18 | 1,121 | 89 | 134 | 4 |
| 30 Sep 18 | 1,074 | 115 | 140 | 11 |
| 30 Jun 18 | 1,170 | 129 | 132 | 16 |
| 31 Mar 18 | 1,368 | 138 | 123 | 14 |
| 31 Dec 17 | 1,515 | 163 | 136 | 9 |
| 30 Sep 17 | 1,371 | 165 | 118 | 6 |
| 30 Jun 17 | 1,330 | 158 | 119 | 0 |
| 31 Mar 17 | 1,143 | 133 | 129 | 0 |
| 31 Dec 16 | 1,142 | 129 | 137 | 0 |
| 30 Sep 16 | 1,297 | 85 | 163 | 0 |
| 30 Jun 16 | 1,139 | 77 | 164 | 0 |
| 31 Mar 16 | 911 | 52 | 145 | 0 |
| 31 Dec 15 | 728 | 31 | 122 | 0 |
| 30 Sep 15 | 513 | 15 | 105 | 0 |
| 30 Jun 15 | 441 | -2 | 105 | 0 |
| 31 Mar 15 | 462 | -3 | 116 | 0 |
| 31 Dec 14 | 546 | -5 | 113 | 0 |
| 30 Sep 14 | 955 | 5 | 121 | 0 |
| 30 Jun 14 | 1,080 | 6 | 122 | 0 |
| 31 Mar 14 | 1,124 | 5 | 116 | 0 |
| 31 Dec 13 | 1,018 | 4 | 114 | 0 |
| 30 Sep 13 | 683 | 2 | 76 | 0 |
| 30 Jun 13 | 572 | -1 | 70 | 0 |
Quality Earnings: 002218 has a large one-off loss of CN¥13.7M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 002218's current net profit margins (2.1%) are lower than last year (7.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002218's earnings have declined by 4.9% per year over the past 5 years.
Accelerating Growth: 002218's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002218 had negative earnings growth (-76%) over the past year, making it difficult to compare to the Semiconductor industry average (-6.7%).
Return on Equity
High ROE: 002218's Return on Equity (0.6%) is considered low.