Xi'an NovaStar Tech Past Earnings Performance
Past criteria checks 4/6
Xi'an NovaStar Tech has been growing earnings at an average annual rate of 32.1%, while the Electronic industry saw earnings growing at 6.4% annually. Revenues have been growing at an average rate of 40.5% per year. Xi'an NovaStar Tech's return on equity is 17.1%, and it has net margins of 20.3%.
Key information
32.1%
Earnings growth rate
29.8%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | 40.5% |
| Return on equity | 17.1% |
| Net Margin | 20.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Xi'an NovaStar Tech 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 | 3,180 | 645 | 594 | 480 |
| 31 Dec 23 | 3,054 | 607 | 558 | 442 |
| 30 Sep 23 | 2,813 | 518 | 510 | 403 |
| 30 Jun 23 | 2,571 | 428 | 482 | 364 |
| 31 Mar 23 | 2,263 | 335 | 412 | 336 |
| 01 Jan 23 | 2,174 | 308 | 402 | 319 |
| 01 Oct 22 | 2,024 | 270 | 387 | 288 |
| 30 Jun 22 | 1,873 | 232 | 364 | 257 |
| 31 Mar 22 | 1,729 | 222 | 339 | 235 |
| 31 Dec 21 | 1,584 | 212 | 321 | 213 |
| 31 Dec 20 | 985 | 111 | 217 | 156 |
| 31 Dec 19 | 1,213 | 238 | 256 | 145 |
Quality Earnings: 301589 has a high level of non-cash earnings.
Growing Profit Margin: 301589's current net profit margins (20.3%) are higher than last year (14.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301589's earnings have grown significantly by 32.1% per year over the past 5 years.
Accelerating Growth: 301589's earnings growth over the past year (92.4%) exceeds its 5-year average (32.1% per year).
Earnings vs Industry: 301589 earnings growth over the past year (92.4%) exceeded the Electronic industry -7.7%.
Return on Equity
High ROE: 301589's Return on Equity (17.1%) is considered low.