State Power Rixin Technology Past Earnings Performance
Past criteria checks 3/6
State Power Rixin Technology has been growing earnings at an average annual rate of 17.5%, while the Software industry saw earnings declining at 3.2% annually. Revenues have been growing at an average rate of 19.7% per year. State Power Rixin Technology's return on equity is 7.5%, and it has net margins of 18.1%.
Key information
17.5%
Earnings growth rate
8.1%
EPS growth rate
| Software Industry Growth | 4.6% |
| Revenue growth rate | 19.7% |
| Return on equity | 7.5% |
| Net Margin | 18.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How State Power Rixin 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 |
|---|---|---|---|---|
| 31 Mar 24 | 477 | 86 | 182 | 87 |
| 31 Dec 23 | 456 | 84 | 175 | 85 |
| 30 Sep 23 | 462 | 89 | 173 | 83 |
| 30 Jun 23 | 408 | 79 | 153 | 76 |
| 31 Mar 23 | 381 | 72 | 141 | 68 |
| 01 Jan 23 | 360 | 67 | 132 | 61 |
| 30 Sep 22 | 325 | 67 | 112 | 50 |
| 30 Jun 22 | 322 | 64 | 103 | 46 |
| 31 Mar 22 | 301 | 56 | 94 | 42 |
| 31 Dec 21 | 300 | 59 | 91 | 39 |
| 30 Jun 21 | 296 | 55 | 83 | 32 |
| 31 Mar 21 | 272 | 55 | 76 | 30 |
| 31 Dec 20 | 248 | 54 | 70 | 27 |
| 31 Dec 19 | 169 | 36 | 59 | 26 |
| 31 Dec 18 | 151 | 21 | 55 | 26 |
| 31 Dec 17 | 143 | 23 | 49 | 21 |
Quality Earnings: 301162 has a large one-off gain of CN¥17.9M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 301162's current net profit margins (18.1%) are lower than last year (18.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301162's earnings have grown by 17.5% per year over the past 5 years.
Accelerating Growth: 301162's earnings growth over the past year (19.4%) exceeds its 5-year average (17.5% per year).
Earnings vs Industry: 301162 earnings growth over the past year (19.4%) exceeded the Software industry 0.8%.
Return on Equity
High ROE: 301162's Return on Equity (7.5%) is considered low.