Modern Dental Group Past Earnings Performance

Past criteria checks 4/6

Modern Dental Group has been growing earnings at an average annual rate of 26.1%, while the Medical Equipment industry saw earnings declining at 1.1% annually. Revenues have been growing at an average rate of 8.1% per year. Modern Dental Group's return on equity is 15%, and it has net margins of 12.5%.

Key information

26.1%

Earnings growth rate

26.6%

EPS growth rate

Medical Equipment Industry Growth	4.3%
Revenue growth rate	8.1%
Return on equity	15.0%
Net Margin	12.5%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Modern Dental Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:1MD Revenue, expenses and earnings (HKD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	3,272	408	1,194
31 Mar 24	3,222	406	1,178
31 Dec 23	3,172	404	1,162
30 Sep 23	3,088	368	1,132
30 Jun 23	3,003	332	1,102
31 Mar 23	2,917	276	1,089
31 Dec 22	2,830	220	1,077
30 Sep 22	2,866	221	1,105
30 Jun 22	2,902	221	1,132
31 Mar 22	2,929	291	1,094
31 Dec 21	2,955	361	1,057
30 Sep 21	2,865	424	990
30 Jun 21	2,774	487	923
31 Mar 21	2,482	297	878
31 Dec 20	2,190	108	833
30 Sep 20	2,148	21	845
30 Jun 20	2,105	-65	856
31 Mar 20	2,252	48	883
31 Dec 19	2,400	162	910
30 Sep 19	2,361	134	910
30 Jun 19	2,322	107	911
31 Mar 19	2,319	96	908
31 Dec 18	2,315	85	906
30 Sep 18	2,300	111	889
30 Jun 18	2,284	137	873
31 Mar 18	2,233	146	862
31 Dec 17	2,181	155	851
30 Sep 17	2,066	136	810
30 Jun 17	1,950	116	769
31 Mar 17	1,796	109	712
31 Dec 16	1,642	101	655
30 Sep 16	1,575	97	632
30 Jun 16	1,509	93	608
31 Mar 16	1,462	87	592
31 Dec 15	1,416	82	576
30 Sep 15	1,368	93	552
30 Jun 15	1,320	104	527
31 Mar 15	1,256	112	489
31 Dec 14	1,192	120	450
31 Dec 13	778	114	225

Quality Earnings: 1MD has high quality earnings.

Growing Profit Margin: 1MD's current net profit margins (12.5%) are higher than last year (11%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 1MD's earnings have grown significantly by 26.1% per year over the past 5 years.

Accelerating Growth: 1MD's earnings growth over the past year (23%) is below its 5-year average (26.1% per year).

Earnings vs Industry: 1MD earnings growth over the past year (23%) exceeded the Medical Equipment industry 10.1%.

Modern Dental Group Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

First half 2024 earnings released: EPS: HK$0.23 (vs HK$0.22 in 1H 2023)

Modern Dental Group Limited to Report First Half, 2024 Results on Aug 29, 2024

Full year 2023 earnings released: EPS: HK$0.42 (vs HK$0.23 in FY 2022)

Full year 2023 earnings released: EPS: HK$0.42 (vs HK$0.23 in FY 2022)

Modern Dental Group Limited to Report Fiscal Year 2023 Results on Mar 26, 2024

First half 2023 earnings released: EPS: HK$0.22 (vs HK$0.10 in 1H 2022)

Recent updates

First half 2024 earnings released: EPS: HK$0.23 (vs HK$0.22 in 1H 2023)

Modern Dental Group Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on 10 October 2024

Modern Dental Group Limited to Report First Half, 2024 Results on Aug 29, 2024

Upcoming dividend of HK$0.09 per share

Modern Dental Group Limited, Annual General Meeting, May 30, 2024

Full year 2023 earnings released: EPS: HK$0.42 (vs HK$0.23 in FY 2022)

Full year 2023 earnings released: EPS: HK$0.42 (vs HK$0.23 in FY 2022)

Modern Dental Group Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 28 June 2024

Modern Dental Group Limited to Report Fiscal Year 2023 Results on Mar 26, 2024

Upcoming dividend of HK$0.06 per share at 2.5% yield

First half 2023 earnings released: EPS: HK$0.22 (vs HK$0.10 in 1H 2022)

Modern Dental Group Limited Announces Ordinary Interim (Semi-Annual) Dividend or the Six Months Ended 30 June 2023, Payment Date 10 October 2023

Modern Dental Group Limited to Report First Half, 2023 Results on Aug 29, 2023

New minor risk - Share price stability

Upcoming dividend of HK$0.044 per share at 3.5% yield

Now 23% undervalued after recent price drop

Full year 2022 earnings released: EPS: HK$0.23 (vs HK$0.38 in FY 2021)

Now 21% undervalued

Now 20% undervalued

Less than half of directors are independent

Upcoming dividend of HK$0.037 per share

First half 2022 earnings released: EPS: HK$0.10 (vs HK$0.25 in 1H 2021)

Modern Dental Group Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable on 11 October 2022

Modern Dental Group Limited to Report First Half, 2022 Results on Aug 30, 2022

Modern Dental Group Limited Provides Group Earnings Guidance for the Six Months Ended 30 June 2022

Modern Dental Group Limited Announces Resignation of Ngai Chi Ho, Alwin as Vice-Chairman of the Board, an Executive Director and the Chief Operating Officer, Effective July 1, 2022

Upcoming dividend of HK$0.044 per share

Less than half of directors are independent

Modern Dental Group Limited, Annual General Meeting, May 24, 2022

Full year 2021 earnings released: EPS: HK$0.38 (vs HK$0.11 in FY 2020)

Modern Dental Group Limited Announces Final Dividend for the Year Ended 31 December 2021, Payment Date is 22 June 2022

First half 2021 earnings released: EPS HK$0.25 (vs HK$0.14 loss in 1H 2020)

Independent Non-Executive Director recently bought €86k worth of stock

Upcoming dividend of HK$0.13 per share

First half 2021 earnings released: EPS HK$0.25 (vs HK$0.14 loss in 1H 2020)

Investor sentiment improved over the past week

Independent Non-Executive Director recently bought €73k worth of stock

Modern Dental Group Limited (SEHK : 3600) acquired Swift Dental Laboratory for AUD 1.3 million.

Independent Non-Executive Director Ho Ching Wong has left the company

Upcoming dividend of HK$0.07 per share

Full year 2020 earnings released: EPS HK$0.11 (vs HK$0.17 in FY 2019)

Modern Dental Group Limited Recommends Final Dividend for the Year Ended December 31, 2020, Payable on June 28, 2021

Full year 2020 earnings released: EPS HK$0.11 (vs HK$0.17 in FY 2019)

Modern Dental Group Limited to Report Fiscal Year 2020 Results on Mar 30, 2021

First half earnings released

Modern Dental Group Limited Announce Not to Recommend the Payment of an Interim Dividend for the Six Months Ended 30 June 2020

First half earnings released

Modern Dental Group Limited to Report Q2, 2021 Results on Aug 28, 2020

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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