SMC Electric Past Earnings Performance
Past criteria checks 2/6
SMC Electric's earnings have been declining at an average annual rate of -16.8%, while the Consumer Durables industry saw earnings growing at 3.6% annually. Revenues have been declining at an average rate of 3.1% per year. SMC Electric's return on equity is 16.1%, and it has net margins of 8.9%.
Key information
-16.8%
Earnings growth rate
-23.6%
EPS growth rate
| Consumer Durables Industry Growth | 3.5% |
| Revenue growth rate | -3.1% |
| Return on equity | 16.1% |
| Net Margin | 8.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
There May Be Reason For Hope In SMC Electric's (HKG:2381) Disappointing Earnings
May 03
The Returns On Capital At SMC Electric (HKG:2381) Don't Inspire Confidence
Nov 29Returns On Capital At SMC Electric (HKG:2381) Paint A Concerning Picture
Jun 01SMC Electric (HKG:2381) May Have Issues Allocating Its Capital
Dec 13Investors Could Be Concerned With SMC Electric's (HKG:2381) Returns On Capital
Aug 23There Are Reasons To Feel Uneasy About SMC Electric's (HKG:2381) Returns On Capital
Apr 05Here's What's Concerning About SMC Electric's (HKG:2381) Returns On Capital
Sep 14Are SMC Electric's (HKG:2381) Statutory Earnings A Good Guide To Its Underlying Profitability?
Feb 08
Declining Stock and Solid Fundamentals: Is The Market Wrong About SMC Electric Limited (HKG:2381)?
Dec 17Revenue & Expenses BreakdownBeta
How SMC Electric 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 | 233 | 21 | 47 | 0 |
| 30 Sep 23 | 222 | 16 | 48 | 0 |
| 30 Jun 23 | 211 | 11 | 50 | 0 |
| 31 Mar 23 | 233 | 17 | 47 | 0 |
| 31 Dec 22 | 254 | 22 | 45 | 0 |
| 30 Sep 22 | 272 | 31 | 39 | 0 |
| 30 Jun 22 | 289 | 40 | 33 | 0 |
| 31 Mar 22 | 260 | 34 | 32 | 0 |
| 31 Dec 21 | 230 | 28 | 31 | 0 |
| 30 Sep 21 | 234 | 31 | 30 | 0 |
| 30 Jun 21 | 237 | 34 | 30 | 0 |
| 31 Mar 21 | 243 | 35 | 30 | 0 |
| 31 Dec 20 | 249 | 36 | 30 | 0 |
| 30 Sep 20 | 232 | 29 | 30 | 0 |
| 30 Jun 20 | 242 | 32 | 29 | 0 |
| 31 Mar 20 | 260 | 39 | 28 | 0 |
| 31 Dec 19 | 278 | 45 | 28 | 0 |
| 30 Sep 19 | 294 | 46 | 32 | 0 |
| 31 Dec 18 | 266 | 35 | 36 | 0 |
| 31 Dec 17 | 251 | 31 | 34 | 0 |
| 31 Dec 16 | 217 | 24 | 34 | 0 |
Quality Earnings: 2381 has high quality earnings.
Growing Profit Margin: 2381's current net profit margins (8.9%) are higher than last year (8.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2381's earnings have declined by 16.8% per year over the past 5 years.
Accelerating Growth: 2381's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2381 had negative earnings growth (-7.1%) over the past year, making it difficult to compare to the Consumer Durables industry average (-2.8%).
Return on Equity
High ROE: 2381's Return on Equity (16.1%) is considered low.