Xi'an NovaStar Tech Past Earnings Performance
Past criteria checks 3/6
Xi'an NovaStar Tech has been growing earnings at an average annual rate of 32.3%, while the Electronic industry saw earnings growing at 3.9% annually. Revenues have been growing at an average rate of 23.8% per year. Xi'an NovaStar Tech's return on equity is 17.9%, and it has net margins of 19.8%.
Key information
32.3%
Earnings growth rate
28.1%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | 23.8% |
| Return on equity | 17.9% |
| Net Margin | 19.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Sep 24 | 3,282 | 649 | 634 | 528 |
| 30 Jun 24 | 3,288 | 696 | 617 | 506 |
| 31 Mar 24 | 3,180 | 645 | 594 | 480 |
| 31 Dec 23 | 3,054 | 607 | 558 | 442 |
| 30 Sep 23 | 2,765 | 515 | 490 | 389 |
| 30 Jun 23 | 2,571 | 428 | 462 | 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 (19.8%) are higher than last year (18.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301589's earnings have grown significantly by 32.3% per year over the past 5 years.
Accelerating Growth: 301589's earnings growth over the past year (26.1%) is below its 5-year average (32.3% per year).
Earnings vs Industry: 301589 earnings growth over the past year (26.1%) exceeded the Electronic industry 1.8%.
Return on Equity
High ROE: 301589's Return on Equity (17.9%) is considered low.