Shenzhen MinDe Electronics Technology Past Earnings Performance
Past criteria checks 1/6
Shenzhen MinDe Electronics Technology has been growing earnings at an average annual rate of 4.4%, while the Electronic industry saw earnings growing at 6.4% annually. Revenues have been growing at an average rate of 10.2% per year. Shenzhen MinDe Electronics Technology's return on equity is 0.7%, and it has net margins of 1.7%.
Key information
4.4%
Earnings growth rate
2.6%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | 10.2% |
| Return on equity | 0.7% |
| Net Margin | 1.7% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Shenzhen MinDe Electronics 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 | 392 | 7 | 46 | 25 |
| 31 Dec 23 | 400 | 13 | 45 | 26 |
| 30 Sep 23 | 439 | 55 | 44 | 27 |
| 30 Jun 23 | 497 | 71 | 43 | 26 |
| 31 Mar 23 | 503 | 82 | 40 | 25 |
| 31 Dec 22 | 518 | 90 | 38 | 25 |
| 30 Sep 22 | 548 | 77 | 37 | 23 |
| 30 Jun 22 | 548 | 83 | 36 | 23 |
| 31 Mar 22 | 548 | 77 | 36 | 24 |
| 01 Jan 22 | 546 | 76 | 35 | 23 |
| 30 Sep 21 | 538 | 75 | 33 | 21 |
| 30 Jun 21 | 490 | 60 | 35 | 20 |
| 31 Mar 21 | 441 | 57 | 36 | 18 |
| 31 Dec 20 | 403 | 52 | 35 | 16 |
| 30 Sep 20 | 353 | 41 | 37 | 16 |
| 30 Jun 20 | 298 | 36 | 37 | 14 |
| 31 Mar 20 | 296 | 37 | 36 | 17 |
| 31 Dec 19 | 305 | 36 | 39 | 17 |
| 30 Sep 19 | 257 | 36 | 41 | 16 |
| 30 Jun 19 | 309 | 47 | 41 | 21 |
| 31 Mar 19 | 303 | 52 | 41 | 19 |
| 31 Dec 18 | 275 | 53 | 36 | 19 |
| 30 Sep 18 | 238 | 55 | 26 | 18 |
| 30 Jun 18 | 156 | 46 | 16 | 15 |
| 31 Mar 18 | 125 | 41 | 13 | 11 |
| 31 Dec 17 | 123 | 40 | 13 | 9 |
| 30 Sep 17 | 117 | 43 | 14 | 6 |
| 30 Jun 17 | 125 | 47 | 19 | 0 |
| 31 Mar 17 | 125 | 47 | 18 | 0 |
| 31 Dec 16 | 122 | 46 | 17 | 0 |
| 31 Dec 15 | 126 | 46 | 18 | 0 |
| 31 Dec 14 | 88 | 28 | 20 | 0 |
| 31 Dec 13 | 72 | 22 | 13 | 0 |
Quality Earnings: 300656 has a large one-off loss of CN¥65.1M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 300656's current net profit margins (1.7%) are lower than last year (16.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300656's earnings have grown by 4.4% per year over the past 5 years.
Accelerating Growth: 300656's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 300656 had negative earnings growth (-91.7%) over the past year, making it difficult to compare to the Electronic industry average (-8%).
Return on Equity
High ROE: 300656's Return on Equity (0.7%) is considered low.