Techshine Electronics Co.,Ltd.

SZSE:301379 Stock Report

Market Cap: CN¥2.6b

Techshine ElectronicsLtd Past Earnings Performance

Past criteria checks 1/6

Techshine ElectronicsLtd has been growing earnings at an average annual rate of 20%, while the Electronic industry saw earnings growing at 6.4% annually. Revenues have been growing at an average rate of 0.8% per year. Techshine ElectronicsLtd's return on equity is 8%, and it has net margins of 8.4%.

Key information

20.0%

Earnings growth rate

14.3%

EPS growth rate

Electronic Industry Growth10.9%
Revenue growth rate0.8%
Return on equity8.0%
Net Margin8.4%
Next Earnings Update30 Aug 2024

Recent past performance updates

Earnings Troubles May Signal Larger Issues for Techshine ElectronicsLtd (SZSE:301379) Shareholders

May 06
Earnings Troubles May Signal Larger Issues for Techshine ElectronicsLtd (SZSE:301379) Shareholders

Recent updates

Techshine ElectronicsLtd's (SZSE:301379) Dividend Will Be Reduced To CN¥0.40

Jun 16
Techshine ElectronicsLtd's (SZSE:301379) Dividend Will Be Reduced To CN¥0.40

Earnings Troubles May Signal Larger Issues for Techshine ElectronicsLtd (SZSE:301379) Shareholders

May 06
Earnings Troubles May Signal Larger Issues for Techshine ElectronicsLtd (SZSE:301379) Shareholders

Techshine ElectronicsLtd (SZSE:301379) Might Be Having Difficulty Using Its Capital Effectively

Apr 01
Techshine ElectronicsLtd (SZSE:301379) Might Be Having Difficulty Using Its Capital Effectively

Revenue & Expenses Breakdown

How Techshine ElectronicsLtd makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:301379 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 241,2721069859
31 Dec 231,2671079456
30 Sep 231,2451128257
30 Jun 231,2461227856
31 Mar 231,2611227655
01 Jan 231,2331187054
01 Jan 221,089976037
31 Dec 20615484322
31 Dec 19561384222
31 Dec 18507354122

Quality Earnings: 301379 has a high level of non-cash earnings.

Growing Profit Margin: 301379's current net profit margins (8.4%) are lower than last year (9.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 301379's earnings have grown by 20% per year over the past 5 years.

Accelerating Growth: 301379's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 301379 had negative earnings growth (-13.1%) over the past year, making it difficult to compare to the Electronic industry average (-7.7%).


Return on Equity

High ROE: 301379's Return on Equity (8%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.