Energy Solar Tech Past Earnings Performance
Past criteria checks 2/6
Energy Solar Tech has been growing earnings at an average annual rate of 954.3%, while the Electrical industry saw earnings growing at 23.1% annually. Revenues have been growing at an average rate of 214.5% per year. Energy Solar Tech's return on equity is 9.2%, and it has net margins of 16.1%.
Key information
954.3%
Earnings growth rate
848.1%
EPS growth rate
| Electrical Industry Growth | 35.0% |
| Revenue growth rate | 214.5% |
| Return on equity | 9.2% |
| Net Margin | 16.1% |
| Last Earnings Update | 31 Dec 2022 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Energy Solar Tech 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 22 | 14 | 2 | 1 | 0 |
| 31 Dec 21 | 4 | 0 | 0 | 0 |
| 31 Dec 20 | 0 | 0 | 0 | 0 |
Quality Earnings: ETC has a high level of non-cash earnings.
Growing Profit Margin: ETC's current net profit margins (16.1%) are higher than last year (4.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if ETC's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare ETC's past year earnings growth to its 5-year average.
Earnings vs Industry: ETC earnings growth over the past year (954.3%) exceeded the Electrical industry 18.6%.
Return on Equity
High ROE: ETC's Return on Equity (9.2%) is considered low.