Sumitomo Heavy Industries Past Earnings Performance
Past criteria checks 3/6
Sumitomo Heavy Industries's earnings have been declining at an average annual rate of -6.3%, while the Machinery industry saw earnings growing at 15% annually. Revenues have been growing at an average rate of 5.2% per year. Sumitomo Heavy Industries's return on equity is 5.2%, and it has net margins of 3%.
Key information
-6.3%
Earnings growth rate
-6.3%
EPS growth rate
| Machinery Industry Growth | 10.7% |
| Revenue growth rate | 5.2% |
| Return on equity | 5.2% |
| Net Margin | 3.0% |
| Next Earnings Update | 07 Aug 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Sumitomo Heavy Industries 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 | 1,081,533 | 32,742 | 156,220 | 24,660 |
| 31 Dec 22 | 1,138,790 | 7,709 | 168,567 | 23,175 |
| 30 Sep 22 | 1,074,590 | 45,342 | 153,694 | 20,143 |
| 30 Jun 22 | 1,041,920 | 45,104 | 146,648 | 20,143 |
| 31 Mar 22 | 943,979 | 44,053 | 126,136 | 20,143 |
| 31 Dec 21 | 930,302 | 34,437 | 125,066 | 19,434 |
| 30 Sep 21 | 903,401 | 33,611 | 121,166 | 19,434 |
| 30 Jun 21 | 884,675 | 33,421 | 116,747 | 19,434 |
| 31 Mar 21 | 849,065 | 26,764 | 114,672 | 19,434 |
| 31 Dec 20 | 838,679 | 30,575 | 115,089 | 18,753 |
| 30 Sep 20 | 831,494 | 27,236 | 115,134 | 18,753 |
| 30 Jun 20 | 840,966 | 26,503 | 117,554 | 18,753 |
| 31 Mar 20 | 864,490 | 32,807 | 118,717 | 18,753 |
| 31 Dec 19 | 882,038 | 37,471 | 120,242 | 16,836 |
| 30 Sep 19 | 904,087 | 40,725 | 120,382 | 16,836 |
| 30 Jun 19 | 904,554 | 43,686 | 119,507 | 16,836 |
| 31 Mar 19 | 903,051 | 45,650 | 118,063 | 16,836 |
| 31 Dec 18 | 882,508 | 45,213 | 119,170 | 14,805 |
| 30 Sep 18 | 859,367 | 36,253 | 116,800 | 14,805 |
| 30 Jun 18 | 826,404 | 36,925 | 112,403 | 14,805 |
| 31 Mar 18 | 791,025 | 34,660 | 108,716 | 14,805 |
| 31 Dec 17 | 751,370 | 30,314 | 108,962 | 11,276 |
| 30 Sep 17 | 711,819 | 40,280 | 103,069 | 11,276 |
| 30 Jun 17 | 689,329 | 37,117 | 101,015 | 11,276 |
| 31 Mar 17 | 674,328 | 33,613 | 99,068 | 11,276 |
| 31 Dec 16 | 688,580 | 37,840 | 96,163 | 12,299 |
| 30 Sep 16 | 696,149 | 34,777 | 98,887 | 12,299 |
| 30 Jun 16 | 700,441 | 33,817 | 99,687 | 12,299 |
| 31 Mar 16 | 700,838 | 33,133 | 99,159 | 12,299 |
| 31 Dec 15 | 690,739 | 21,610 | 98,427 | 11,415 |
| 30 Sep 15 | 683,287 | 23,527 | 96,340 | 11,415 |
| 30 Jun 15 | 679,128 | 24,680 | 93,115 | 11,415 |
| 31 Mar 15 | 667,099 | 24,348 | 91,363 | 11,415 |
| 31 Dec 14 | 658,052 | 28,539 | 87,765 | 10,718 |
| 30 Sep 14 | 648,597 | 26,794 | 85,480 | 10,718 |
| 30 Jun 14 | 635,880 | 21,377 | 86,633 | 10,718 |
| 31 Mar 14 | 615,271 | 17,891 | 85,342 | 10,718 |
| 31 Dec 13 | 591,690 | 6,679 | 86,154 | 9,835 |
| 30 Sep 13 | 565,623 | -601 | 84,816 | 9,835 |
| 30 Jun 13 | 559,629 | 1,189 | 80,593 | 9,835 |
Quality Earnings: SSM1 has a large one-off loss of ¥20.5B impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: SSM1's current net profit margins (3%) are higher than last year (0.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SSM1's earnings have declined by 6.3% per year over the past 5 years.
Accelerating Growth: SSM1's earnings growth over the past year (324.7%) exceeds its 5-year average (-6.3% per year).
Earnings vs Industry: SSM1 earnings growth over the past year (324.7%) exceeded the Machinery industry 7.9%.
Return on Equity
High ROE: SSM1's Return on Equity (5.2%) is considered low.