State Grid Information & Communication Past Earnings Performance
Past criteria checks 2/6
State Grid Information & Communication has been growing earnings at an average annual rate of 13.1%, while the IT industry saw earnings growing at 3.8% annually. Revenues have been growing at an average rate of 1.1% per year. State Grid Information & Communication's return on equity is 12.1%, and it has net margins of 10.4%.
Key information
13.1%
Earnings growth rate
11.5%
EPS growth rate
| IT Industry Growth | 7.5% |
| Revenue growth rate | 1.1% |
| Return on equity | 12.1% |
| Net Margin | 10.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How State Grid Information & Communication 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 | 7,369 | 768 | 575 | 289 |
| 31 Dec 23 | 7,673 | 828 | 573 | 291 |
| 30 Sep 23 | 6,920 | 725 | 653 | 233 |
| 30 Jun 23 | 7,494 | 820 | 632 | 208 |
| 31 Mar 23 | 7,739 | 825 | 644 | 206 |
| 31 Dec 22 | 7,615 | 802 | 627 | 190 |
| 30 Sep 22 | 7,830 | 725 | 594 | 213 |
| 30 Jun 22 | 7,532 | 691 | 586 | 173 |
| 31 Mar 22 | 7,596 | 682 | 609 | 158 |
| 31 Dec 21 | 7,466 | 677 | 613 | 152 |
| 30 Sep 21 | 7,070 | 686 | 586 | 213 |
| 30 Jun 21 | 7,194 | 656 | 595 | 244 |
| 31 Mar 21 | 7,146 | 609 | 563 | 249 |
| 31 Dec 20 | 7,011 | 607 | 580 | 237 |
| 30 Sep 20 | 7,210 | 457 | 656 | 234 |
| 30 Jun 20 | 7,518 | 463 | 695 | 211 |
| 31 Mar 20 | 7,593 | 477 | 701 | 207 |
| 31 Dec 19 | 7,765 | 487 | 674 | 224 |
| 31 Dec 18 | 6,559 | 408 | 523 | 197 |
| 31 Mar 15 | 846 | 160 | 69 | 0 |
| 31 Dec 14 | 830 | 156 | 71 | 0 |
| 30 Sep 14 | 763 | 87 | 61 | 0 |
| 30 Jun 14 | 709 | -42 | 65 | 0 |
| 31 Mar 14 | 731 | -168 | 66 | 0 |
| 31 Dec 13 | 772 | -162 | 66 | 0 |
| 30 Sep 13 | 825 | -148 | 80 | 0 |
| 30 Jun 13 | 878 | -46 | 79 | 0 |
Quality Earnings: 600131 has high quality earnings.
Growing Profit Margin: 600131's current net profit margins (10.4%) are lower than last year (10.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600131's earnings have grown by 13.1% per year over the past 5 years.
Accelerating Growth: 600131's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600131 had negative earnings growth (-6.8%) over the past year, making it difficult to compare to the IT industry average (-4.6%).
Return on Equity
High ROE: 600131's Return on Equity (12.1%) is considered low.