Gotion High-techLtd Past Earnings Performance

Past criteria checks 3/6

Gotion High-techLtd's earnings have been declining at an average annual rate of -11.4%, while the Electrical industry saw earnings growing at 26.3% annually. Revenues have been growing at an average rate of 42.8% per year. Gotion High-techLtd's return on equity is 2.1%, and it has net margins of 1.5%.

Key information

-11.4%

Earnings growth rate

-23.4%

EPS growth rate

Electrical Industry Growth	30.3%
Revenue growth rate	42.8%
Return on equity	2.1%
Net Margin	1.5%
Next Earnings Update	20 Apr 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Gotion High-techLtd makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:24U0 Revenue, expenses and earnings (CNY Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Sep 23	30,404	454	2,798	2,129
30 Jun 23	29,653	456	2,843	2,187
31 Mar 23	26,312	355	2,586	1,993
31 Dec 22	23,052	312	2,194	1,793
30 Sep 22	19,058	184	2,072	1,327
30 Jun 22	15,443	118	1,608	906
31 Mar 22	12,980	86	1,397	757
01 Jan 22	10,356	102	1,258	644
30 Sep 21	8,371	132	907	554
30 Jun 21	7,854	162	942	588
31 Mar 21	7,287	164	980	521
31 Dec 20	6,724	150	987	499
30 Sep 20	3,885	-442	1,044	436
30 Jun 20	3,774	-264	900	423
31 Mar 20	3,936	-117	916	426
31 Dec 19	4,959	51	907	437
30 Sep 19	6,182	500	827	437
30 Jun 19	6,127	466	863	389
31 Mar 19	5,819	621	865	327
31 Dec 18	5,127	580	850	347
30 Sep 18	5,180	857	773	340
30 Jun 18	5,048	858	777	467
31 Mar 18	4,790	797	743	423
31 Dec 17	4,838	838	804	334
30 Sep 17	5,090	933	843	206
30 Jun 17	4,755	943	987	0
31 Mar 17	4,691	927	1,038	0
31 Dec 16	4,758	1,031	1,038	0
30 Sep 16	4,669	990	988	0
30 Jun 16	4,253	897	877	0
31 Mar 16	3,696	820	693	0
31 Dec 15	2,745	585	525	0
30 Sep 15	2,014	490	353	0
30 Jun 15	1,554	402	250	0
31 Mar 15	1,062	287	188	0
31 Dec 14	1,014	251	197	0

Quality Earnings: 24U0 has a high level of non-cash earnings.

Growing Profit Margin: 24U0's current net profit margins (1.5%) are higher than last year (1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 24U0's earnings have declined by 11.4% per year over the past 5 years.

Accelerating Growth: 24U0's earnings growth over the past year (146.5%) exceeds its 5-year average (-11.4% per year).

Earnings vs Industry: 24U0 earnings growth over the past year (146.5%) exceeded the Electrical industry 12.2%.

Return on Equity

High ROE: 24U0's Return on Equity (2.1%) 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	2024/02/04 22:28
End of Day Share Price	2023/11/07 00:00
Earnings	2023/09/30
Annual Earnings	2022/12/31

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

Gotion High-tech Co.,Ltd. is covered by 32 analysts. 15 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
Cheng Shen	BOCI Research Ltd.
Zhen Xiong Lye	CFRA Equity Research
Bo Hua Wu	Changjiang Securities Co. LTD.