Guangdong AVCiT Technology Holding Past Earnings Performance
Past criteria checks 3/6
Guangdong AVCiT Technology Holding has been growing earnings at an average annual rate of 3.1%, while the Communications industry saw earnings growing at 11.8% annually. Revenues have been growing at an average rate of 4.2% per year. Guangdong AVCiT Technology Holding's return on equity is 8.2%, and it has net margins of 41.8%.
Key information
3.1%
Earnings growth rate
-13.5%
EPS growth rate
| Communications Industry Growth | 12.8% |
| Revenue growth rate | 4.2% |
| Return on equity | 8.2% |
| Net Margin | 41.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Guangdong AVCiT Technology Holding (SZSE:001229) Might Be Having Difficulty Using Its Capital Effectively
Oct 16
Guangdong AVCiT Technology Holding's (SZSE:001229) Profits May Not Reveal Underlying Issues
Sep 10Guangdong AVCiT Technology Holding's (SZSE:001229) Returns On Capital Not Reflecting Well On The Business
Mar 08Revenue & Expenses Breakdown
How Guangdong AVCiT Technology Holding 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 | 189 | 79 | 55 | 19 |
| 30 Jun 24 | 191 | 84 | 58 | 19 |
| 31 Mar 24 | 200 | 85 | 62 | 19 |
| 31 Dec 23 | 212 | 87 | 66 | 19 |
| 30 Sep 23 | 209 | 87 | 63 | 18 |
| 30 Jun 23 | 202 | 82 | 64 | 18 |
| 31 Mar 23 | 198 | 86 | 58 | 18 |
| 01 Jan 23 | 196 | 85 | 57 | 18 |
| 30 Sep 22 | 222 | 95 | 59 | 19 |
| 30 Jun 22 | 240 | 103 | 56 | 19 |
| 31 Mar 22 | 241 | 98 | 57 | 18 |
| 01 Jan 22 | 236 | 97 | 55 | 17 |
| 31 Dec 20 | 164 | 76 | 41 | 14 |
| 31 Dec 19 | 122 | 56 | 33 | 12 |
| 31 Dec 18 | 100 | 42 | 29 | 9 |
Quality Earnings: 001229 has high quality earnings.
Growing Profit Margin: 001229's current net profit margins (41.8%) are higher than last year (41.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 001229's earnings have grown by 3.1% per year over the past 5 years.
Accelerating Growth: 001229's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 001229 had negative earnings growth (-9%) over the past year, making it difficult to compare to the Communications industry average (-3%).
Return on Equity
High ROE: 001229's Return on Equity (8.2%) is considered low.