Shenzhen Longsys Electronics Past Earnings Performance
Past criteria checks 1/6
Shenzhen Longsys Electronics's earnings have been declining at an average annual rate of -28.9%, while the Tech industry saw earnings growing at 11.9% annually. Revenues have been growing at an average rate of 17.5% per year. Shenzhen Longsys Electronics's return on equity is 8.6%, and it has net margins of 3.6%.
Key information
-28.9%
Earnings growth rate
-30.1%
EPS growth rate
| Tech Industry Growth | 13.5% |
| Revenue growth rate | 17.5% |
| Return on equity | 8.6% |
| Net Margin | 3.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Shenzhen Longsys Electronics 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 | 16,814 | 612 | 1,363 | 890 |
| 30 Jun 24 | 15,457 | 362 | 1,238 | 822 |
| 31 Mar 24 | 13,096 | -163 | 1,094 | 722 |
| 31 Dec 23 | 10,125 | -828 | 923 | 594 |
| 30 Sep 23 | 8,281 | -1,019 | 685 | 494 |
| 30 Jun 23 | 7,133 | -893 | 602 | 437 |
| 31 Mar 23 | 7,481 | -370 | 509 | 372 |
| 01 Jan 23 | 8,330 | 73 | 479 | 356 |
| 30 Sep 22 | 8,698 | 274 | 465 | 376 |
| 30 Jun 22 | 9,351 | 703 | 447 | 338 |
| 31 Mar 22 | 9,428 | 835 | 441 | 326 |
| 31 Dec 21 | 9,749 | 1,013 | 445 | 322 |
| 31 Dec 20 | 7,276 | 276 | 438 | 219 |
| 31 Dec 19 | 5,721 | 128 | 352 | 90 |
| 31 Dec 18 | 4,228 | -57 | 245 | 79 |
Quality Earnings: 301308 has a high level of non-cash earnings.
Growing Profit Margin: 301308 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301308's earnings have declined by 28.9% per year over the past 5 years.
Accelerating Growth: 301308 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 301308 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Tech industry (6.8%).
Return on Equity
High ROE: 301308's Return on Equity (8.6%) is considered low.