HONG RI DA Technology Past Earnings Performance
Past criteria checks 3/6
HONG RI DA Technology's earnings have been declining at an average annual rate of -10.3%, while the Electronic industry saw earnings growing at 6.4% annually. Revenues have been growing at an average rate of 39.8% per year. HONG RI DA Technology's return on equity is 4.2%, and it has net margins of 5.8%.
Key information
-10.3%
Earnings growth rate
-18.6%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | 39.8% |
| Return on equity | 4.2% |
| Net Margin | 5.8% |
| Next Earnings Update | 10 Aug 2024 |
Recent past performance updates
Revenue & 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 |
|---|---|---|---|---|
| 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 | 55 | 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 (5.8%) are higher than last year (4.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301285's earnings have declined by 10.3% per year over the past 5 years.
Accelerating Growth: 301285's earnings growth over the past year (70.2%) exceeds its 5-year average (-10.3% per year).
Earnings vs Industry: 301285 earnings growth over the past year (70.2%) exceeded the Electronic industry -7.7%.
Return on Equity
High ROE: 301285's Return on Equity (4.2%) is considered low.