Suzhou Hengmingda Electronic Technology Past Earnings Performance
Past criteria checks 5/6
Suzhou Hengmingda Electronic Technology has been growing earnings at an average annual rate of 15%, while the Electronic industry saw earnings growing at 6.4% annually. Revenues have been growing at an average rate of 29.5% per year. Suzhou Hengmingda Electronic Technology's return on equity is 14.5%, and it has net margins of 16.4%.
Key information
15.0%
Earnings growth rate
8.5%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | 29.5% |
| Return on equity | 14.5% |
| Net Margin | 16.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Suzhou Hengmingda Electronic Technology's (SZSE:002947) Promising Earnings May Rest On Soft Foundations
Apr 08
Does Suzhou Hengmingda Electronic Technology (SZSE:002947) Deserve A Spot On Your Watchlist?
Mar 26Why Investors Shouldn't Be Surprised By Suzhou Hengmingda Electronic Technology Co., Ltd.'s (SZSE:002947) Low P/E
Feb 28Revenue & Expenses BreakdownBeta
How Suzhou Hengmingda Electronic 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 |
|---|---|---|---|---|
| 31 Mar 24 | 1,895 | 310 | 149 | 95 |
| 31 Dec 23 | 1,818 | 281 | 151 | 85 |
| 30 Sep 23 | 1,789 | 237 | 200 | 76 |
| 30 Jun 23 | 1,628 | 207 | 194 | 73 |
| 31 Mar 23 | 1,585 | 200 | 191 | 72 |
| 01 Jan 23 | 1,548 | 193 | 185 | 71 |
| 30 Sep 22 | 1,425 | 203 | 108 | 65 |
| 30 Jun 22 | 1,353 | 79 | 191 | 59 |
| 31 Mar 22 | 1,269 | 48 | 191 | 58 |
| 01 Jan 22 | 1,130 | 31 | 195 | 55 |
| 30 Sep 21 | 917 | 4 | 200 | 52 |
| 30 Jun 21 | 787 | 77 | 108 | 48 |
| 31 Mar 21 | 724 | 94 | 107 | 42 |
| 31 Dec 20 | 644 | 105 | 95 | 38 |
| 30 Sep 20 | 591 | 133 | 91 | 39 |
| 30 Jun 20 | 590 | 164 | 80 | 36 |
| 31 Mar 20 | 576 | 167 | 73 | 32 |
| 31 Dec 19 | 585 | 166 | 79 | 30 |
| 30 Sep 19 | 548 | 155 | 80 | 23 |
| 30 Jun 19 | 518 | 146 | 76 | 24 |
| 31 Mar 19 | 491 | 136 | 73 | 25 |
| 31 Dec 18 | 501 | 126 | 69 | 26 |
| 30 Sep 18 | 503 | 130 | 48 | 44 |
| 31 Mar 18 | 466 | 95 | 57 | 29 |
| 31 Dec 17 | 449 | 99 | 60 | 24 |
| 31 Dec 16 | 318 | 66 | 53 | 0 |
| 31 Dec 15 | 306 | 61 | 35 | 0 |
| 31 Dec 14 | 308 | 81 | 29 | 0 |
Quality Earnings: 002947 has high quality earnings.
Growing Profit Margin: 002947's current net profit margins (16.4%) are higher than last year (12.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002947's earnings have grown by 15% per year over the past 5 years.
Accelerating Growth: 002947's earnings growth over the past year (54.9%) exceeds its 5-year average (15% per year).
Earnings vs Industry: 002947 earnings growth over the past year (54.9%) exceeded the Electronic industry -7.7%.
Return on Equity
High ROE: 002947's Return on Equity (14.5%) is considered low.