Fujian Torch Electron Technology Past Earnings Performance
Past criteria checks 0/6
Fujian Torch Electron Technology's earnings have been declining at an average annual rate of -5.4%, while the Electronic industry saw earnings growing at 3.9% annually. Revenues have been growing at an average rate of 1.9% per year. Fujian Torch Electron Technology's return on equity is 4.2%, and it has net margins of 8.6%.
Key information
-5.4%
Earnings growth rate
-5.5%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | 1.9% |
| Return on equity | 4.2% |
| Net Margin | 8.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Fujian Torch Electron Technology's (SHSE:603678) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 04
Market Participants Recognise Fujian Torch Electron Technology Co., Ltd.'s (SHSE:603678) Earnings Pushing Shares 32% Higher
Oct 14Fujian Torch Electron Technology Co., Ltd.'s (SHSE:603678) Price In Tune With Earnings
Aug 09Fujian Torch Electron Technology's (SHSE:603678) Returns On Capital Not Reflecting Well On The Business
Jul 23After Leaping 25% Fujian Torch Electron Technology Co., Ltd. (SHSE:603678) Shares Are Not Flying Under The Radar
May 09Returns On Capital Signal Tricky Times Ahead For Fujian Torch Electron Technology (SHSE:603678)
Apr 17Fujian Torch Electron Technology's (SHSE:603678) Soft Earnings Don't Show The Whole Picture
Mar 25Further Upside For Fujian Torch Electron Technology Co., Ltd. (SHSE:603678) Shares Could Introduce Price Risks After 27% Bounce
Mar 06Revenue & Expenses Breakdown
How Fujian Torch Electron 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 |
|---|---|---|---|---|
| 30 Sep 24 | 2,941 | 252 | 470 | 125 |
| 30 Jun 24 | 3,353 | 229 | 478 | 138 |
| 31 Mar 24 | 3,514 | 266 | 484 | 147 |
| 31 Dec 23 | 3,504 | 318 | 473 | 145 |
| 30 Sep 23 | 3,436 | 376 | 461 | 128 |
| 30 Jun 23 | 3,176 | 559 | 435 | 118 |
| 31 Mar 23 | 3,357 | 734 | 401 | 109 |
| 31 Dec 22 | 3,559 | 801 | 391 | 107 |
| 30 Sep 22 | 3,974 | 892 | 391 | 113 |
| 30 Jun 22 | 4,283 | 902 | 361 | 114 |
| 31 Mar 22 | 4,424 | 892 | 346 | 113 |
| 31 Dec 21 | 4,734 | 956 | 338 | 108 |
| 30 Sep 21 | 4,779 | 966 | 333 | 96 |
| 30 Jun 21 | 4,569 | 886 | 327 | 87 |
| 31 Mar 21 | 4,205 | 799 | 306 | 75 |
| 31 Dec 20 | 3,656 | 609 | 284 | 68 |
| 30 Sep 20 | 3,317 | 516 | 272 | 67 |
| 30 Jun 20 | 3,008 | 443 | 267 | 60 |
| 31 Mar 20 | 2,710 | 378 | 279 | 58 |
| 31 Dec 19 | 2,569 | 381 | 286 | 56 |
| 30 Sep 19 | 2,309 | 372 | 281 | 15 |
| 30 Jun 19 | 2,144 | 371 | 261 | 21 |
| 31 Mar 19 | 2,113 | 350 | 248 | 28 |
| 31 Dec 18 | 2,024 | 333 | 235 | 36 |
| 30 Sep 18 | 2,008 | 324 | 215 | 71 |
| 30 Jun 18 | 1,991 | 296 | 189 | 69 |
| 31 Mar 18 | 1,947 | 256 | 183 | 51 |
| 31 Dec 17 | 1,888 | 237 | 183 | 36 |
| 30 Sep 17 | 1,713 | 213 | 160 | 16 |
| 30 Jun 17 | 1,652 | 224 | 170 | 0 |
| 31 Mar 17 | 1,547 | 197 | 156 | 0 |
| 31 Dec 16 | 1,503 | 193 | 149 | 0 |
| 30 Sep 16 | 1,393 | 188 | 133 | 0 |
| 30 Jun 16 | 1,249 | 166 | 126 | 0 |
| 31 Mar 16 | 1,148 | 163 | 119 | 0 |
| 31 Dec 15 | 1,084 | 154 | 112 | 0 |
| 30 Sep 15 | 1,018 | 143 | 101 | 0 |
| 30 Jun 15 | 964 | 139 | 100 | 0 |
| 31 Mar 15 | 907 | 140 | 94 | 0 |
| 31 Dec 14 | 891 | 137 | 90 | 0 |
| 30 Sep 14 | 908 | 149 | 84 | 0 |
| 31 Dec 13 | 804 | 121 | 75 | 0 |
Quality Earnings: 603678 has a large one-off gain of CN¥46.0M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 603678's current net profit margins (8.6%) are lower than last year (10.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603678's earnings have declined by 5.4% per year over the past 5 years.
Accelerating Growth: 603678's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603678 had negative earnings growth (-32.8%) over the past year, making it difficult to compare to the Electronic industry average (1.8%).
Return on Equity
High ROE: 603678's Return on Equity (4.2%) is considered low.