CRCC High-Tech Equipment Past Earnings Performance
Past criteria checks 3/6
CRCC High-Tech Equipment's earnings have been declining at an average annual rate of -2.1%, while the Machinery industry saw earnings growing at 9.4% annually. Revenues have been growing at an average rate of 9.5% per year. CRCC High-Tech Equipment's return on equity is 2.5%, and it has net margins of 4.7%.
Key information
-2.1%
Earnings growth rate
-2.1%
EPS growth rate
| Machinery Industry Growth | 7.7% |
| Revenue growth rate | 9.5% |
| Return on equity | 2.5% |
| Net Margin | 4.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
CRCC High-Tech Equipment's (HKG:1786) Earnings Are Weaker Than They Seem
Apr 02
The Return Trends At CRCC High-Tech Equipment (HKG:1786) Look Promising
Jan 30CRCC High-Tech Equipment (HKG:1786) Will Pay A Larger Dividend Than Last Year At CN¥0.027
Jul 03Some Investors May Be Worried About CRCC High-Tech Equipment's (HKG:1786) Returns On Capital
Mar 06Returns On Capital Signal Difficult Times Ahead For CRCC High-Tech Equipment (HKG:1786)
Dec 31Is CRCC High-Tech Equipment Corporation Limited (HKG:1786) A Strong Dividend Stock?
Jan 30
How Much Is CRCC High-Tech Equipment's (HKG:1786) CEO Getting Paid?
Dec 08Revenue & Expenses BreakdownBeta
How CRCC High-Tech Equipment 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 | 3,100 | 145 | 323 | 359 |
| 30 Sep 23 | 3,146 | 132 | 319 | 299 |
| 30 Jun 23 | 3,193 | 119 | 314 | 239 |
| 31 Mar 23 | 3,007 | 117 | 285 | 250 |
| 31 Dec 22 | 2,822 | 116 | 255 | 261 |
| 30 Sep 22 | 2,623 | 94 | 281 | 250 |
| 30 Jun 22 | 2,423 | 72 | 308 | 238 |
| 31 Mar 22 | 2,305 | 61 | 317 | 209 |
| 31 Dec 21 | 2,186 | 50 | 326 | 180 |
| 30 Sep 21 | 2,151 | 59 | 307 | 175 |
| 30 Jun 21 | 2,104 | 68 | 309 | 170 |
| 31 Mar 21 | 1,831 | 45 | 302 | 159 |
| 31 Dec 20 | 1,558 | 22 | 295 | 148 |
| 30 Sep 20 | 1,457 | 12 | 323 | 149 |
| 30 Jun 20 | 1,368 | 2 | 332 | 150 |
| 31 Mar 20 | 1,739 | 62 | 333 | 159 |
| 31 Dec 19 | 2,109 | 122 | 335 | 168 |
| 30 Sep 19 | 2,246 | 145 | 308 | 163 |
| 30 Jun 19 | 2,383 | 168 | 282 | 158 |
| 31 Mar 19 | 2,397 | 162 | 288 | 157 |
| 31 Dec 18 | 2,411 | 156 | 293 | 157 |
| 30 Sep 18 | 2,258 | 133 | 275 | 193 |
| 30 Jun 18 | 2,105 | 110 | 256 | 228 |
| 31 Mar 18 | 1,962 | 83 | 278 | 188 |
| 31 Dec 17 | 1,818 | 55 | 301 | 148 |
| 30 Sep 17 | 2,370 | 166 | 404 | 74 |
| 30 Jun 17 | 2,922 | 278 | 508 | 0 |
| 31 Mar 17 | 3,299 | 372 | 504 | 0 |
| 31 Dec 16 | 3,676 | 465 | 499 | 0 |
| 30 Sep 16 | 3,770 | 455 | 490 | 0 |
| 30 Jun 16 | 3,863 | 445 | 480 | 0 |
| 31 Mar 16 | 3,968 | 466 | 475 | 0 |
| 31 Dec 15 | 3,973 | 456 | 460 | 0 |
| 30 Sep 15 | 3,750 | 428 | 445 | 0 |
| 30 Jun 15 | 3,526 | 399 | 430 | 0 |
| 31 Mar 15 | 3,568 | 358 | 430 | 0 |
| 31 Dec 14 | 3,477 | 355 | 429 | 0 |
| 31 Dec 13 | 3,169 | 287 | 456 | 0 |
Quality Earnings: 1786 has a large one-off gain of CN¥428.2M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 1786's current net profit margins (4.7%) are higher than last year (4.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1786's earnings have declined by 2.1% per year over the past 5 years.
Accelerating Growth: 1786's earnings growth over the past year (25.4%) exceeds its 5-year average (-2.1% per year).
Earnings vs Industry: 1786 earnings growth over the past year (25.4%) exceeded the Machinery industry 3.1%.
Return on Equity
High ROE: 1786's Return on Equity (2.5%) is considered low.