Harmonic Drive Systems Past Earnings Performance
Past criteria checks 1/6
Harmonic Drive Systems's earnings have been declining at an average annual rate of -0.2%, while the Machinery industry saw earnings growing at 15% annually. Revenues have been growing at an average rate of 5.7% per year. Harmonic Drive Systems's return on equity is 1.8%, and it has net margins of 3.2%.
Key information
-0.2%
Earnings growth rate
0.03%
EPS growth rate
| Machinery Industry Growth | 10.7% |
| Revenue growth rate | 5.7% |
| Return on equity | 1.8% |
| Net Margin | 3.2% |
| Next Earnings Update | 13 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Harmonic Drive Systems 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 Dec 23 | 60,093 | 1,900 | 10,191 | 3,172 |
| 30 Sep 23 | 66,841 | 4,970 | 10,177 | 3,172 |
| 30 Jun 23 | 70,843 | 6,623 | 10,066 | 3,172 |
| 31 Mar 23 | 71,527 | 7,595 | 9,965 | 3,172 |
| 31 Dec 22 | 68,891 | 7,464 | 9,847 | 2,914 |
| 30 Sep 22 | 64,197 | 7,363 | 9,213 | 2,914 |
| 30 Jun 22 | 60,878 | 6,726 | 8,871 | 2,914 |
| 31 Mar 22 | 57,087 | 6,643 | 8,360 | 2,914 |
| 31 Dec 21 | 51,944 | 5,150 | 8,227 | 2,406 |
| 30 Sep 21 | 45,673 | 2,896 | 7,870 | 2,406 |
| 30 Jun 21 | 39,617 | 1,667 | 7,231 | 2,406 |
| 31 Mar 21 | 37,034 | 662 | 6,965 | 2,406 |
| 31 Dec 20 | 34,552 | -377 | 7,577 | 2,176 |
| 30 Sep 20 | 33,612 | -1,259 | 7,433 | 2,176 |
| 30 Jun 20 | 35,153 | -1,294 | 7,748 | 2,176 |
| 31 Mar 20 | 37,487 | -1,095 | 7,876 | 2,176 |
| 31 Dec 19 | 45,116 | 1,632 | 8,319 | 2,421 |
| 30 Sep 19 | 54,912 | 5,704 | 8,814 | 2,421 |
| 30 Jun 19 | 63,023 | 8,645 | 9,215 | 2,421 |
| 31 Mar 19 | 67,809 | 11,322 | 9,536 | 2,421 |
| 31 Dec 18 | 66,991 | 10,716 | 10,280 | 2,071 |
| 30 Sep 18 | 63,799 | 9,839 | 9,901 | 2,071 |
| 30 Jun 18 | 58,266 | 8,984 | 9,217 | 2,071 |
| 31 Mar 18 | 54,339 | 7,777 | 8,735 | 2,071 |
| 31 Dec 17 | 47,785 | 21,539 | 8,998 | 1,333 |
| 30 Sep 17 | 40,533 | 20,684 | 7,518 | 1,333 |
| 30 Jun 17 | 35,316 | 20,153 | 6,106 | 1,333 |
| 31 Mar 17 | 30,069 | 19,732 | 4,719 | 1,333 |
| 31 Dec 16 | 29,604 | 5,488 | 4,463 | 1,369 |
| 30 Sep 16 | 28,909 | 5,159 | 4,427 | 1,369 |
| 30 Jun 16 | 28,326 | 4,712 | 4,375 | 1,369 |
| 31 Mar 16 | 28,278 | 5,001 | 4,268 | 1,369 |
| 31 Dec 15 | 27,339 | 4,897 | 4,213 | 1,282 |
| 30 Sep 15 | 27,170 | 4,944 | 4,129 | 1,282 |
| 30 Jun 15 | 27,013 | 5,373 | 3,957 | 1,282 |
| 31 Mar 15 | 25,951 | 4,833 | 3,772 | 1,282 |
| 31 Dec 14 | 24,389 | 4,180 | 3,650 | 1,213 |
| 30 Sep 14 | 23,372 | 3,847 | 3,440 | 1,213 |
| 30 Jun 14 | 22,269 | 3,348 | 3,345 | 1,213 |
| 31 Mar 14 | 21,083 | 2,993 | 3,236 | 1,213 |
| 31 Dec 13 | 20,012 | 2,850 | 3,102 | 1,120 |
| 30 Sep 13 | 18,694 | 2,387 | 3,037 | 1,120 |
| 30 Jun 13 | 18,141 | 1,997 | 2,915 | 1,120 |
Quality Earnings: K3R has high quality earnings.
Growing Profit Margin: K3R's current net profit margins (3.2%) are lower than last year (10.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: K3R's earnings have declined by 0.2% per year over the past 5 years.
Accelerating Growth: K3R's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: K3R had negative earnings growth (-74.5%) over the past year, making it difficult to compare to the Machinery industry average (7.9%).
Return on Equity
High ROE: K3R's Return on Equity (1.8%) is considered low.