Goertek Past Earnings Performance
Past criteria checks 1/6
Goertek's earnings have been declining at an average annual rate of -6.9%, while the Electronic industry saw earnings growing at 3.9% annually. Revenues have been growing at an average rate of 20% per year. Goertek's return on equity is 7.4%, and it has net margins of 2.7%.
Key information
-6.9%
Earnings growth rate
-7.8%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | 20.0% |
| Return on equity | 7.4% |
| Net Margin | 2.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Solid Earnings May Not Tell The Whole Story For Goertek (SZSE:002241)
Oct 30
Insufficient Growth At Goertek Inc. (SZSE:002241) Hampers Share Price
Oct 18Be Wary Of Goertek (SZSE:002241) And Its Returns On Capital
Sep 17Does Goertek (SZSE:002241) Have A Healthy Balance Sheet?
Sep 03What Does Goertek Inc.'s (SZSE:002241) Share Price Indicate?
Aug 15Investors Appear Satisfied With Goertek Inc.'s (SZSE:002241) Prospects As Shares Rocket 26%
Jul 15Goertek (SZSE:002241) Will Want To Turn Around Its Return Trends
Jun 11Getting In Cheap On Goertek Inc. (SZSE:002241) Might Be Difficult
May 27Goertek's (SZSE:002241) Dividend Will Be CN¥0.10
May 27Is It Time To Consider Buying Goertek Inc. (SZSE:002241)?
May 11Goertek's (SZSE:002241) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 03Goertek Inc. Just Missed EPS By 37%: Here's What Analysts Think Will Happen Next
Mar 31Calculating The Fair Value Of Goertek Inc. (SZSE:002241)
Mar 18Revenue & Expenses Breakdown
How Goertek 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 | 94,272 | 2,541 | 2,843 | 4,712 |
| 30 Jun 24 | 93,784 | 1,891 | 2,905 | 4,706 |
| 31 Mar 24 | 93,764 | 1,361 | 2,600 | 4,579 |
| 31 Dec 23 | 98,574 | 1,088 | 2,712 | 4,716 |
| 30 Sep 23 | 104,689 | -1,199 | 2,593 | 5,078 |
| 30 Jun 23 | 106,463 | 92 | 2,626 | 5,334 |
| 31 Mar 23 | 108,905 | 954 | 2,954 | 5,074 |
| 01 Jan 23 | 104,894 | 1,749 | 2,860 | 5,227 |
| 30 Sep 22 | 99,585 | 4,782 | 2,737 | 5,168 |
| 30 Jun 22 | 91,537 | 4,623 | 2,565 | 4,566 |
| 31 Mar 22 | 84,305 | 4,210 | 2,392 | 4,579 |
| 01 Jan 22 | 78,221 | 4,275 | 2,416 | 4,170 |
| 30 Sep 21 | 75,802 | 4,164 | 2,607 | 3,874 |
| 30 Jun 21 | 72,458 | 3,798 | 2,599 | 3,993 |
| 31 Mar 21 | 65,297 | 3,520 | 2,407 | 3,793 |
| 31 Dec 20 | 57,743 | 2,848 | 2,128 | 3,426 |
| 30 Sep 20 | 45,744 | 2,312 | 1,662 | 2,731 |
| 30 Jun 20 | 37,145 | 1,537 | 1,388 | 2,113 |
| 31 Mar 20 | 35,916 | 1,371 | 1,314 | 1,908 |
| 31 Dec 19 | 35,148 | 1,281 | 1,372 | 1,807 |
| 30 Sep 19 | 32,437 | 997 | 1,349 | 1,775 |
| 30 Jun 19 | 28,900 | 947 | 1,365 | 1,638 |
| 31 Mar 19 | 25,410 | 887 | 1,373 | 1,612 |
| 31 Dec 18 | 23,751 | 868 | 1,330 | 1,618 |
| 30 Sep 18 | 23,724 | 1,610 | 1,493 | 1,340 |
| 30 Jun 18 | 23,989 | 1,865 | 896 | 1,880 |
| 31 Mar 18 | 25,056 | 2,024 | 1,226 | 1,475 |
| 31 Dec 17 | 25,536 | 2,139 | 1,461 | 1,233 |
| 30 Sep 17 | 23,943 | 2,000 | 1,793 | 857 |
| 30 Jun 17 | 22,717 | 1,896 | 2,577 | 0 |
| 31 Mar 17 | 21,125 | 1,753 | 2,436 | 0 |
| 31 Dec 16 | 19,288 | 1,651 | 2,229 | 0 |
| 30 Sep 16 | 17,164 | 1,433 | 1,907 | 0 |
| 30 Jun 16 | 14,785 | 1,207 | 1,790 | 0 |
| 31 Mar 16 | 13,923 | 1,179 | 1,699 | 0 |
| 31 Dec 15 | 13,656 | 1,251 | 1,627 | 0 |
| 30 Sep 15 | 13,437 | 1,439 | 1,413 | 0 |
| 30 Jun 15 | 13,442 | 1,568 | 1,373 | 0 |
| 31 Mar 15 | 13,024 | 1,669 | 1,300 | 0 |
| 31 Dec 14 | 12,699 | 1,657 | 1,248 | 0 |
| 30 Sep 14 | 12,171 | 1,543 | 1,246 | 0 |
| 30 Jun 14 | 11,056 | 1,436 | 1,063 | 0 |
| 31 Mar 14 | 10,543 | 1,374 | 991 | 0 |
| 31 Dec 13 | 10,049 | 1,307 | 912 | 0 |
Quality Earnings: 002241 has a large one-off gain of CN¥447.8M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 002241 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002241's earnings have declined by 6.9% per year over the past 5 years.
Accelerating Growth: 002241 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 002241 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (1.8%).
Return on Equity
High ROE: 002241's Return on Equity (7.4%) is considered low.