Goertek Inc.

SZSE:002241 Stock Report

Market Cap: CN¥85.7b

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 Growth10.9%
Revenue growth rate20.0%
Return on equity7.4%
Net Margin2.7%
Next Earnings Update27 Mar 2025

Recent past performance updates

Solid Earnings May Not Tell The Whole Story For Goertek (SZSE:002241)

Oct 30
Solid Earnings May Not Tell The Whole Story For Goertek (SZSE:002241)

Recent updates

Goertek (SZSE:002241) Will Want To Turn Around Its Return Trends

Dec 23
Goertek (SZSE:002241) Will Want To Turn Around Its Return Trends

Solid Earnings May Not Tell The Whole Story For Goertek (SZSE:002241)

Oct 30
Solid Earnings May Not Tell The Whole Story For Goertek (SZSE:002241)

Insufficient Growth At Goertek Inc. (SZSE:002241) Hampers Share Price

Oct 18
Insufficient Growth At Goertek Inc. (SZSE:002241) Hampers Share Price

Be Wary Of Goertek (SZSE:002241) And Its Returns On Capital

Sep 17
Be Wary Of Goertek (SZSE:002241) And Its Returns On Capital

Does Goertek (SZSE:002241) Have A Healthy Balance Sheet?

Sep 03
Does Goertek (SZSE:002241) Have A Healthy Balance Sheet?

What Does Goertek Inc.'s (SZSE:002241) Share Price Indicate?

Aug 15
What Does Goertek Inc.'s (SZSE:002241) Share Price Indicate?

Investors Appear Satisfied With Goertek Inc.'s (SZSE:002241) Prospects As Shares Rocket 26%

Jul 15
Investors Appear Satisfied With Goertek Inc.'s (SZSE:002241) Prospects As Shares Rocket 26%

Goertek (SZSE:002241) Will Want To Turn Around Its Return Trends

Jun 11
Goertek (SZSE:002241) Will Want To Turn Around Its Return Trends

Getting In Cheap On Goertek Inc. (SZSE:002241) Might Be Difficult

May 27
Getting In Cheap On Goertek Inc. (SZSE:002241) Might Be Difficult

Goertek's (SZSE:002241) Dividend Will Be CN¥0.10

May 27
Goertek's (SZSE:002241) Dividend Will Be CN¥0.10

Is It Time To Consider Buying Goertek Inc. (SZSE:002241)?

May 11
Is It Time To Consider Buying Goertek Inc. (SZSE:002241)?

Goertek's (SZSE:002241) Shareholders Have More To Worry About Than Only Soft Earnings

Apr 03
Goertek's (SZSE:002241) Shareholders Have More To Worry About Than Only Soft Earnings

Goertek Inc. Just Missed EPS By 37%: Here's What Analysts Think Will Happen Next

Mar 31
Goertek Inc. Just Missed EPS By 37%: Here's What Analysts Think Will Happen Next

Calculating The Fair Value Of Goertek Inc. (SZSE:002241)

Mar 18
Calculating The Fair Value Of Goertek Inc. (SZSE:002241)

Revenue & Expenses Breakdown

How Goertek makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SZSE:002241 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2494,2722,5412,8434,712
30 Jun 2493,7841,8912,9054,706
31 Mar 2493,7641,3612,6004,579
31 Dec 2398,5741,0882,7124,716
30 Sep 23104,689-1,1992,5935,078
30 Jun 23106,463922,6265,334
31 Mar 23108,9059542,9545,074
01 Jan 23104,8941,7492,8605,227
30 Sep 2299,5854,7822,7375,168
30 Jun 2291,5374,6232,5654,566
31 Mar 2284,3054,2102,3924,579
01 Jan 2278,2214,2752,4164,170
30 Sep 2175,8024,1642,6073,874
30 Jun 2172,4583,7982,5993,993
31 Mar 2165,2973,5202,4073,793
31 Dec 2057,7432,8482,1283,426
30 Sep 2045,7442,3121,6622,731
30 Jun 2037,1451,5371,3882,113
31 Mar 2035,9161,3711,3141,908
31 Dec 1935,1481,2811,3721,807
30 Sep 1932,4379971,3491,775
30 Jun 1928,9009471,3651,638
31 Mar 1925,4108871,3731,612
31 Dec 1823,7518681,3301,618
30 Sep 1823,7241,6101,4931,340
30 Jun 1823,9891,8658961,880
31 Mar 1825,0562,0241,2261,475
31 Dec 1725,5362,1391,4611,233
30 Sep 1723,9432,0001,793857
30 Jun 1722,7171,8962,5770
31 Mar 1721,1251,7532,4360
31 Dec 1619,2881,6512,2290
30 Sep 1617,1641,4331,9070
30 Jun 1614,7851,2071,7900
31 Mar 1613,9231,1791,6990
31 Dec 1513,6561,2511,6270
30 Sep 1513,4371,4391,4130
30 Jun 1513,4421,5681,3730
31 Mar 1513,0241,6691,3000
31 Dec 1412,6991,6571,2480
30 Sep 1412,1711,5431,2460
30 Jun 1411,0561,4361,0630
31 Mar 1410,5431,3749910

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.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 15:43
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Goertek Inc. is covered by 49 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chia Yi ChenBNP Paribas Securities (Asia)
Robert ChengBofA Global Research
Lin SuCCB International Securities Limited