Ningbo Sunrise Elc TechnologyLtd Past Earnings Performance
Past criteria checks 5/6
Ningbo Sunrise Elc TechnologyLtd has been growing earnings at an average annual rate of 18.3%, while the Electronic industry saw earnings growing at 6.4% annually. Revenues have been growing at an average rate of 17.4% per year. Ningbo Sunrise Elc TechnologyLtd's return on equity is 18.4%, and it has net margins of 14.2%.
Key information
18.3%
Earnings growth rate
17.1%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | 17.4% |
| Return on equity | 18.4% |
| Net Margin | 14.2% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Ningbo Sunrise Elc TechnologyLtd's (SZSE:002937) Solid Earnings May Rest On Weak Foundations
Apr 23
Ningbo Sunrise Elc Technology Co.,Ltd's (SZSE:002937) Price Is Right But Growth Is Lacking After Shares Rocket 33%
Mar 07These 4 Measures Indicate That Ningbo Sunrise Elc TechnologyLtd (SZSE:002937) Is Using Debt Safely
Feb 27Revenue & Expenses BreakdownBeta
How Ningbo Sunrise Elc TechnologyLtd 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 | 2,025 | 288 | 169 | 78 |
| 31 Dec 23 | 2,006 | 267 | 154 | 73 |
| 30 Sep 23 | 1,989 | 265 | 171 | 74 |
| 30 Jun 23 | 1,979 | 257 | 179 | 75 |
| 31 Mar 23 | 1,892 | 237 | 175 | 74 |
| 01 Jan 23 | 1,767 | 219 | 163 | 70 |
| 30 Sep 22 | 1,616 | 168 | 142 | 68 |
| 30 Jun 22 | 1,424 | 128 | 126 | 64 |
| 31 Mar 22 | 1,294 | 110 | 117 | 57 |
| 01 Jan 22 | 1,252 | 113 | 124 | 57 |
| 30 Sep 21 | 1,204 | 123 | 132 | 54 |
| 30 Jun 21 | 1,164 | 132 | 123 | 50 |
| 31 Mar 21 | 1,141 | 140 | 116 | 50 |
| 31 Dec 20 | 1,040 | 127 | 106 | 48 |
| 30 Sep 20 | 997 | 126 | 103 | 50 |
| 30 Jun 20 | 978 | 126 | 102 | 53 |
| 31 Mar 20 | 979 | 124 | 105 | 53 |
| 31 Dec 19 | 1,023 | 138 | 108 | 53 |
| 30 Sep 19 | 1,035 | 135 | 117 | 51 |
| 30 Jun 19 | 1,046 | 132 | 123 | 49 |
| 31 Mar 19 | 1,059 | 134 | 122 | 46 |
| 31 Dec 18 | 1,018 | 110 | 115 | 43 |
| 30 Sep 18 | 979 | 97 | 100 | 46 |
| 31 Dec 17 | 878 | 84 | 85 | 39 |
| 31 Dec 16 | 724 | 68 | 80 | 31 |
| 31 Dec 15 | 688 | 41 | 76 | 29 |
| 31 Dec 14 | 729 | 32 | 117 | 0 |
Quality Earnings: 002937 has high quality earnings.
Growing Profit Margin: 002937's current net profit margins (14.2%) are higher than last year (12.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002937's earnings have grown by 18.3% per year over the past 5 years.
Accelerating Growth: 002937's earnings growth over the past year (21.6%) exceeds its 5-year average (18.3% per year).
Earnings vs Industry: 002937 earnings growth over the past year (21.6%) exceeded the Electronic industry -8%.
Return on Equity
High ROE: 002937's Return on Equity (18.4%) is considered low.