SMC Electric Limited

SEHK:2381 Stock Report

Market Cap: HK$204.0m

SMC Electric Past Earnings Performance

Past criteria checks 4/6

SMC Electric's earnings have been declining at an average annual rate of -18.7%, while the Consumer Durables industry saw earnings growing at 4.3% annually. Revenues have been declining at an average rate of 2.9% per year. SMC Electric's return on equity is 14.6%, and it has net margins of 8.7%.

Key information

-18.7%

Earnings growth rate

-21.6%

EPS growth rate

Consumer Durables Industry Growth3.5%
Revenue growth rate-2.9%
Return on equity14.6%
Net Margin8.7%
Last Earnings Update30 Jun 2024

Recent past performance updates

There May Be Reason For Hope In SMC Electric's (HKG:2381) Disappointing Earnings

May 03
There May Be Reason For Hope In SMC Electric's (HKG:2381) Disappointing Earnings

Recent updates

SMC Electric (HKG:2381) Is Finding It Tricky To Allocate Its Capital

Jun 17
SMC Electric (HKG:2381) Is Finding It Tricky To Allocate Its Capital

There May Be Reason For Hope In SMC Electric's (HKG:2381) Disappointing Earnings

May 03
There May Be Reason For Hope In SMC Electric's (HKG:2381) Disappointing Earnings

The Returns On Capital At SMC Electric (HKG:2381) Don't Inspire Confidence

Nov 29
The Returns On Capital At SMC Electric (HKG:2381) Don't Inspire Confidence

Returns On Capital At SMC Electric (HKG:2381) Paint A Concerning Picture

Jun 01
Returns On Capital At SMC Electric (HKG:2381) Paint A Concerning Picture

SMC Electric (HKG:2381) May Have Issues Allocating Its Capital

Dec 13
SMC Electric (HKG:2381) May Have Issues Allocating Its Capital

Investors Could Be Concerned With SMC Electric's (HKG:2381) Returns On Capital

Aug 23
Investors Could Be Concerned With SMC Electric's (HKG:2381) Returns On Capital

There Are Reasons To Feel Uneasy About SMC Electric's (HKG:2381) Returns On Capital

Apr 05
There Are Reasons To Feel Uneasy About SMC Electric's (HKG:2381) Returns On Capital

Here's What's Concerning About SMC Electric's (HKG:2381) Returns On Capital

Sep 14
Here's What's Concerning About SMC Electric's (HKG:2381) Returns On Capital

Are SMC Electric's (HKG:2381) Statutory Earnings A Good Guide To Its Underlying Profitability?

Feb 08
Are SMC Electric's (HKG:2381) Statutory Earnings A Good Guide To Its Underlying Profitability?

Declining Stock and Solid Fundamentals: Is The Market Wrong About SMC Electric Limited (HKG:2381)?

Dec 17
Declining Stock and Solid Fundamentals: Is The Market Wrong About SMC Electric Limited (HKG:2381)?

Revenue & Expenses Breakdown

How SMC Electric makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SEHK:2381 Revenue, expenses and earnings (HKD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2423821480
31 Mar 2423521470
31 Dec 2323321470
30 Sep 2322216480
30 Jun 2321111500
31 Mar 2323317470
31 Dec 2225422450
30 Sep 2227231390
30 Jun 2228940330
31 Mar 2226034320
31 Dec 2123028310
30 Sep 2123431300
30 Jun 2123734300
31 Mar 2124335300
31 Dec 2024936300
30 Sep 2023229300
30 Jun 2024232290
31 Mar 2026039280
31 Dec 1927845280
30 Sep 1929446320
31 Dec 1826635360
31 Dec 1725131340
31 Dec 1621724340

Quality Earnings: 2381 has high quality earnings.

Growing Profit Margin: 2381's current net profit margins (8.7%) are higher than last year (5.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 2381's earnings have declined by 18.7% per year over the past 5 years.

Accelerating Growth: 2381's earnings growth over the past year (94%) exceeds its 5-year average (-18.7% per year).

Earnings vs Industry: 2381 earnings growth over the past year (94%) exceeded the Consumer Durables industry 17.7%.

Return on Equity

High ROE: 2381's Return on Equity (14.6%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 09:38
End of Day Share Price 2025/01/03 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

SMC Electric Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution