Maxvision Technology Past Earnings Performance
Past criteria checks 0/6
Maxvision Technology's earnings have been declining at an average annual rate of -10.4%, while the Electronic industry saw earnings growing at 3.9% annually. Revenues have been growing at an average rate of 12% per year. Maxvision Technology's return on equity is 5.9%, and it has net margins of 10.3%.
Key information
-10.4%
Earnings growth rate
-16.9%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | 12.0% |
| Return on equity | 5.9% |
| Net Margin | 10.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Is Now An Opportune Moment To Examine Maxvision Technology Corp. (SZSE:002990)?
Dec 03
Maxvision Technology's (SZSE:002990) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 07Maxvision Technology Corp.'s (SZSE:002990) P/E Is On The Mark
Sep 20Investors Continue Waiting On Sidelines For Maxvision Technology Corp. (SZSE:002990)
Jun 07Maxvision Technology (SZSE:002990) Will Pay A Larger Dividend Than Last Year At CN¥0.40
May 12Maxvision Technology's (SZSE:002990) Earnings Are Of Questionable Quality
Apr 26Should You Investigate Maxvision Technology Corp. (SZSE:002990) At CN¥21.93?
Apr 16Some Investors May Be Worried About Maxvision Technology's (SZSE:002990) Returns On Capital
Mar 21Maxvision Technology Corp.'s (SZSE:002990) 29% Jump Shows Its Popularity With Investors
Mar 04Maxvision Technology (SZSE:002990) Has A Rock Solid Balance Sheet
Feb 27Revenue & Expenses Breakdown
How Maxvision 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 |
|---|---|---|---|---|
| 30 Sep 24 | 1,341 | 138 | 256 | 148 |
| 30 Jun 24 | 1,402 | 159 | 258 | 148 |
| 31 Mar 24 | 1,453 | 183 | 254 | 147 |
| 31 Dec 23 | 1,573 | 198 | 267 | 146 |
| 30 Sep 23 | 1,381 | 184 | 221 | 141 |
| 30 Jun 23 | 1,204 | 144 | 229 | 142 |
| 31 Mar 23 | 1,145 | 116 | 206 | 146 |
| 01 Jan 23 | 989 | 97 | 191 | 149 |
| 30 Sep 22 | 1,084 | 100 | 205 | 154 |
| 30 Jun 22 | 1,191 | 132 | 199 | 150 |
| 31 Mar 22 | 1,209 | 196 | 175 | 137 |
| 01 Jan 22 | 1,127 | 179 | 159 | 127 |
| 30 Sep 21 | 1,095 | 232 | 147 | 111 |
| 30 Jun 21 | 1,021 | 236 | 129 | 102 |
| 31 Mar 21 | 959 | 215 | 126 | 92 |
| 31 Dec 20 | 935 | 224 | 116 | 80 |
| 30 Sep 20 | 931 | 231 | 104 | 71 |
| 30 Jun 20 | 890 | 230 | 90 | 64 |
| 31 Mar 20 | 783 | 206 | 102 | 78 |
| 31 Dec 19 | 807 | 213 | 78 | 62 |
| 31 Dec 18 | 507 | 142 | 63 | 40 |
| 31 Dec 17 | 334 | 71 | 53 | 28 |
| 31 Dec 16 | 241 | 47 | 42 | 26 |
Quality Earnings: 002990 has a high level of non-cash earnings.
Growing Profit Margin: 002990's current net profit margins (10.3%) are lower than last year (13.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002990's earnings have declined by 10.4% per year over the past 5 years.
Accelerating Growth: 002990's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002990 had negative earnings growth (-24.7%) over the past year, making it difficult to compare to the Electronic industry average (1.9%).
Return on Equity
High ROE: 002990's Return on Equity (5.9%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 17:43 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Maxvision Technology Corp. is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yuping Liu | China Merchants Securities Co. Ltd. |
| Lei Yan | Ping An Securities Co. Ltd. |
| Yongjian Yi | Ping An Securities Co. Ltd. |