HONG RI DA Technology Past Earnings Performance

Past criteria checks 2/6

HONG RI DA Technology's earnings have been declining at an average annual rate of -9%, while the Electronic industry saw earnings growing at 3.9% annually. Revenues have been growing at an average rate of 9.3% per year. HONG RI DA Technology's return on equity is 3.4%, and it has net margins of 4.2%.

Key information

-9.0%

Earnings growth rate

-18.0%

EPS growth rate

Electronic Industry Growth	10.9%
Revenue growth rate	9.3%
Return on equity	3.4%
Net Margin	4.2%
Last Earnings Update	30 Sep 2024

Recent past performance updates

No updates

Recent updates

No 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

XSEC:301285 Revenue, expenses and earnings (CNY Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Sep 24	860	36	96	70
30 Jun 24	812	43	84	63
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	54	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 (4.2%) are lower than last year (4.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 301285's earnings have declined by 9% per year over the past 5 years.

Accelerating Growth: 301285's earnings growth over the past year (15.3%) exceeds its 5-year average (-9% per year).

Earnings vs Industry: 301285 earnings growth over the past year (15.3%) exceeded the Electronic industry 1.9%.

Return on Equity

High ROE: 301285's Return on Equity (3.4%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/25 03:10
End of Day Share Price	2024/12/25 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

HONG RI DA Technology Company Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution