NOVA Technology Past Earnings Performance
Past criteria checks 0/6
NOVA Technology's earnings have been declining at an average annual rate of -19%, while the Telecom industry saw earnings growing at 13.4% annually. Revenues have been growing at an average rate of 5.3% per year. NOVA Technology's return on equity is 3.2%, and it has net margins of 4.7%.
Key information
-19.0%
Earnings growth rate
-27.3%
EPS growth rate
| Telecom Industry Growth | -7.7% |
| Revenue growth rate | 5.3% |
| Return on equity | 3.2% |
| Net Margin | 4.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
NOVA Technology's (SZSE:300921) Earnings Quality Is Low
May 01
NOVA Technology Corporation Limited's (SZSE:300921) Popularity With Investors Under Threat As Stock Sinks 26%
Apr 23There Are Reasons To Feel Uneasy About NOVA Technology's (SZSE:300921) Returns On Capital
Apr 01There's Reason For Concern Over NOVA Technology Corporation Limited's (SZSE:300921) Massive 25% Price Jump
Mar 04Revenue & Expenses BreakdownBeta
How NOVA Technology 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 | 636 | 30 | 122 | 59 |
| 31 Dec 23 | 604 | 38 | 123 | 58 |
| 30 Sep 23 | 592 | 25 | 134 | 64 |
| 30 Jun 23 | 582 | 43 | 127 | 60 |
| 31 Mar 23 | 579 | 53 | 119 | 58 |
| 31 Dec 22 | 567 | 57 | 114 | 56 |
| 30 Sep 22 | 566 | 62 | 109 | 52 |
| 30 Jun 22 | 579 | 63 | 106 | 54 |
| 31 Mar 22 | 577 | 59 | 104 | 55 |
| 01 Jan 22 | 577 | 63 | 99 | 52 |
| 30 Sep 21 | 549 | 70 | 91 | 46 |
| 30 Jun 21 | 518 | 66 | 85 | 40 |
| 31 Mar 21 | 506 | 72 | 80 | 35 |
| 31 Dec 20 | 495 | 76 | 75 | 33 |
| 30 Sep 20 | 510 | 78 | 132 | 56 |
| 30 Jun 20 | 504 | 80 | 75 | 33 |
| 31 Mar 20 | 499 | 77 | 76 | 32 |
| 31 Dec 19 | 502 | 72 | 78 | 32 |
| 31 Dec 18 | 421 | 55 | 73 | 28 |
| 31 Dec 17 | 382 | 32 | 67 | 24 |
| 31 Dec 16 | 357 | 22 | 64 | 17 |
Quality Earnings: 300921 has a high level of non-cash earnings.
Growing Profit Margin: 300921's current net profit margins (4.7%) are lower than last year (9.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300921's earnings have declined by 19% per year over the past 5 years.
Accelerating Growth: 300921's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 300921 had negative earnings growth (-43.5%) over the past year, making it difficult to compare to the Telecom industry average (7.5%).
Return on Equity
High ROE: 300921's Return on Equity (3.2%) is considered low.