Hitevision Past Earnings Performance

Past criteria checks 2/6

Hitevision has been growing earnings at an average annual rate of 13.4%, while the Electronic industry saw earnings growing at 3.9% annually. Revenues have been declining at an average rate of 2.9% per year. Hitevision's return on equity is 7.6%, and it has net margins of 7.4%.

Key information

13.4%

Earnings growth rate

11.1%

EPS growth rate

Electronic Industry Growth10.9%
Revenue growth rate-2.9%
Return on equity7.6%
Net Margin7.4%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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


Earnings and Revenue History

XSEC:002955 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 243,625268650189
30 Jun 243,882329651187
31 Mar 243,827325659185
31 Dec 233,929323689187
30 Sep 233,966312675200
30 Jun 234,030417661210
31 Mar 234,297378661227
01 Jan 234,549396649226
30 Sep 225,237414657251
30 Jun 225,825265716265
31 Mar 225,921203694244
01 Jan 225,811169679244
30 Sep 215,603163623205
30 Jun 214,976141600186
31 Mar 214,486136589187
31 Dec 203,99482592187
30 Sep 203,916127679162
30 Jun 203,950169660173
31 Mar 204,522248680183
31 Dec 194,830314663171
30 Sep 194,543291600203
30 Jun 194,590343564178
31 Mar 194,415334520167
31 Dec 184,378336500169
31 Dec 173,617204402129
31 Dec 162,72162382108
31 Dec 151,849542890

Quality Earnings: 002955 has high quality earnings.

Growing Profit Margin: 002955's current net profit margins (7.4%) are lower than last year (7.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002955's earnings have grown by 13.4% per year over the past 5 years.

Accelerating Growth: 002955's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 002955 had negative earnings growth (-14.3%) over the past year, making it difficult to compare to the Electronic industry average (1.9%).


Return on Equity

High ROE: 002955's Return on Equity (7.6%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 16:23
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hitevision Co., Ltd. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ya JiangCitic Securities Co., Ltd.
Jing FangMinsheng Securities Co.
Zhang LiuTianfeng Securities Brokerage Co., Ltd