HONG RI DA Technology Past Earnings Performance
Past criteria checks 2/6
HONG RI DA Technology's earnings have been declining at an average annual rate of -9%, while the Electronic industry saw earnings growing at 3.9% annually. Revenues have been growing at an average rate of 9.3% per year. HONG RI DA Technology's return on equity is 3.4%, and it has net margins of 4.2%.
Key information
-9.0%
Earnings growth rate
-18.0%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | 9.3% |
| Return on equity | 3.4% |
| Net Margin | 4.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
HONG RI DA Technology's (SZSE:301285) Earnings Are Built On Soft Foundations
Nov 05
HONG RI DA Technology's (SZSE:301285) Earnings May Just Be The Starting Point
Apr 30Recent updates
We Think HONG RI DA Technology (SZSE:301285) Is Taking Some Risk With Its Debt
Nov 27HONG RI DA Technology's (SZSE:301285) Earnings Are Built On Soft Foundations
Nov 05Investors Could Be Concerned With HONG RI DA Technology's (SZSE:301285) Returns On Capital
Oct 29HONG RI DA Technology (SZSE:301285) May Have Issues Allocating Its Capital
Jul 04HONG RI DA Technology (SZSE:301285) Has A Pretty Healthy Balance Sheet
Jun 06HONG RI DA Technology's (SZSE:301285) Earnings May Just Be The Starting Point
Apr 30Subdued Growth No Barrier To HONG RI DA Technology Company Limited (SZSE:301285) With Shares Advancing 30%
Mar 03Revenue & Expenses Breakdown
How HONG RI DA 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 | 860 | 36 | 96 | 70 |
| 30 Jun 24 | 812 | 43 | 84 | 63 |
| 31 Mar 24 | 756 | 43 | 76 | 52 |
| 31 Dec 23 | 721 | 31 | 66 | 47 |
| 30 Sep 23 | 648 | 31 | 56 | 42 |
| 30 Jun 23 | 585 | 27 | 54 | 41 |
| 31 Mar 23 | 540 | 26 | 45 | 39 |
| 01 Jan 23 | 594 | 49 | 47 | 38 |
| 30 Sep 22 | 629 | 65 | 46 | 35 |
| 01 Jan 22 | 618 | 63 | 43 | 34 |
| 31 Dec 20 | 605 | 60 | 41 | 34 |
| 31 Dec 19 | 482 | 38 | 40 | 25 |
| 31 Dec 18 | 487 | 25 | 41 | 21 |
Quality Earnings: 301285 has a high level of non-cash earnings.
Growing Profit Margin: 301285's current net profit margins (4.2%) are lower than last year (4.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301285's earnings have declined by 9% per year over the past 5 years.
Accelerating Growth: 301285's earnings growth over the past year (15.3%) exceeds its 5-year average (-9% per year).
Earnings vs Industry: 301285 earnings growth over the past year (15.3%) exceeded the Electronic industry 1.8%.
Return on Equity
High ROE: 301285's Return on Equity (3.4%) is considered low.