Dongguan Aohai Technology Past Earnings Performance
Past criteria checks 3/6
Dongguan Aohai Technology has been growing earnings at an average annual rate of 19.6%, while the Tech industry saw earnings growing at 13% annually. Revenues have been growing at an average rate of 17.9% per year. Dongguan Aohai Technology's return on equity is 8.8%, and it has net margins of 9.5%.
Key information
19.6%
Earnings growth rate
9.9%
EPS growth rate
| Tech Industry Growth | 13.5% |
| Revenue growth rate | 17.9% |
| Return on equity | 8.8% |
| Net Margin | 9.5% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Dongguan Aohai 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 Jun 23 | 4,302 | 407 | 305 | 270 |
| 31 Mar 23 | 4,385 | 422 | 271 | 257 |
| 31 Dec 22 | 4,467 | 438 | 237 | 244 |
| 30 Sep 22 | 4,514 | 431 | 222 | 232 |
| 30 Jun 22 | 4,562 | 425 | 208 | 220 |
| 31 Mar 22 | 4,403 | 383 | 208 | 214 |
| 01 Jan 22 | 4,245 | 342 | 208 | 207 |
| 01 Oct 21 | 3,957 | 351 | 189 | 197 |
| 30 Jun 21 | 3,669 | 360 | 169 | 187 |
| 31 Mar 21 | 3,307 | 344 | 150 | 165 |
| 31 Dec 20 | 2,945 | 329 | 130 | 143 |
| 30 Sep 20 | 2,711 | 301 | 125 | 120 |
| 30 Jun 20 | 2,477 | 273 | 119 | 98 |
| 31 Mar 20 | 2,396 | 247 | 121 | 99 |
| 31 Dec 19 | 2,316 | 222 | 123 | 100 |
| 31 Dec 18 | 1,661 | 114 | 89 | 73 |
| 31 Dec 17 | 1,153 | 51 | 129 | 56 |
| 31 Dec 16 | 1,012 | 160 | 76 | 46 |
Quality Earnings: 002993 has high quality earnings.
Growing Profit Margin: 002993's current net profit margins (9.5%) are higher than last year (9.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002993's earnings have grown by 19.6% per year over the past 5 years.
Accelerating Growth: 002993's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002993 had negative earnings growth (-4.2%) over the past year, making it difficult to compare to the Tech industry average (1.5%).
Return on Equity
High ROE: 002993's Return on Equity (8.8%) is considered low.