Zhejiang Akcome New Energy TechnologyLtd Past Earnings Performance
Past criteria checks 0/6
Zhejiang Akcome New Energy TechnologyLtd's earnings have been declining at an average annual rate of -5.8%, while the Semiconductor industry saw earnings growing at 20% annually. Revenues have been growing at an average rate of 5% per year.
Key information
-5.8%
Earnings growth rate
-4.1%
EPS growth rate
| Semiconductor Industry Growth | 27.3% |
| Revenue growth rate | 5.0% |
| Return on equity | -50.0% |
| Net Margin | -26.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Zhejiang Akcome New Energy TechnologyLtd 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 | 4,053 | -1,072 | 338 | 70 |
| 31 Dec 23 | 4,662 | -826 | 318 | 79 |
| 30 Sep 23 | 6,084 | -541 | 346 | 78 |
| 30 Jun 23 | 7,099 | -628 | 347 | 76 |
| 31 Mar 23 | 6,944 | -778 | 347 | 81 |
| 31 Dec 22 | 6,691 | -834 | 308 | 73 |
| 30 Sep 22 | 4,828 | -558 | 242 | 69 |
| 30 Jun 22 | 3,677 | -499 | 267 | 60 |
| 31 Mar 22 | 3,073 | -435 | 249 | 49 |
| 01 Jan 22 | 2,531 | -406 | 292 | 39 |
| 30 Sep 21 | 2,612 | -115 | 267 | 37 |
| 30 Jun 21 | 2,547 | -77 | 253 | 35 |
| 31 Mar 21 | 2,767 | 15 | 282 | 37 |
| 31 Dec 20 | 3,019 | 17 | 257 | 38 |
| 30 Sep 20 | 3,760 | -1,649 | 412 | 43 |
| 30 Jun 20 | 4,341 | -1,618 | 436 | 44 |
| 31 Mar 20 | 4,652 | -1,614 | 467 | 37 |
| 31 Dec 19 | 5,126 | -1,612 | 488 | 41 |
| 30 Sep 19 | 4,981 | 31 | 413 | 38 |
| 30 Jun 19 | 4,884 | 79 | 397 | 41 |
| 31 Mar 19 | 5,025 | 111 | 385 | 46 |
| 31 Dec 18 | 4,852 | 116 | 384 | 42 |
| 30 Sep 18 | 4,960 | 93 | 380 | 39 |
| 30 Jun 18 | 5,173 | 132 | 358 | 50 |
| 31 Mar 18 | 5,112 | 118 | 344 | 37 |
| 31 Dec 17 | 4,856 | 113 | 329 | 31 |
| 30 Sep 17 | 4,514 | 215 | 293 | 22 |
| 30 Jun 17 | 3,897 | 148 | 298 | 0 |
| 31 Mar 17 | 3,865 | 136 | 281 | 0 |
| 31 Dec 16 | 3,899 | 141 | 283 | 0 |
| 30 Sep 16 | 4,997 | 107 | 332 | 0 |
| 30 Jun 16 | 5,068 | 117 | 338 | 0 |
| 31 Mar 16 | 4,479 | 126 | 304 | 0 |
| 31 Dec 15 | 4,259 | 122 | 291 | 0 |
| 30 Sep 15 | 3,444 | 108 | 228 | 0 |
| 30 Jun 15 | 3,370 | 104 | 205 | 0 |
| 31 Mar 15 | 3,138 | 95 | 199 | 0 |
| 31 Dec 14 | 3,003 | 92 | 199 | 0 |
| 30 Sep 14 | 2,483 | 81 | 178 | 0 |
| 30 Jun 14 | 2,220 | 40 | 186 | 0 |
| 31 Mar 14 | 2,042 | 13 | 182 | 0 |
| 31 Dec 13 | 1,931 | 8 | 171 | 0 |
| 30 Sep 13 | 1,528 | -17 | 180 | 0 |
| 30 Jun 13 | 1,527 | -15 | 167 | 0 |
Quality Earnings: 002610 is currently unprofitable.
Growing Profit Margin: 002610 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002610 is unprofitable, and losses have increased over the past 5 years at a rate of 5.8% per year.
Accelerating Growth: Unable to compare 002610's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 002610 is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-6.3%).
Return on Equity
High ROE: 002610 has a negative Return on Equity (-50.03%), as it is currently unprofitable.