Meihao Medical Group Past Earnings Performance
Past criteria checks 0/6
Meihao Medical Group's earnings have been declining at an average annual rate of -45.1%, while the Healthcare industry saw earnings growing at 11.8% annually. Revenues have been declining at an average rate of 31.3% per year.
Key information
-45.1%
Earnings growth rate
-252.3%
EPS growth rate
| Healthcare Industry Growth | 11.3% |
| Revenue growth rate | -31.3% |
| Return on equity | -17.4% |
| Net Margin | -36.7% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Meihao Medical Group 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 |
|---|---|---|---|---|
| 30 Jun 24 | 72 | -27 | 52 | 0 |
| 31 Mar 24 | 73 | -20 | 48 | 0 |
| 31 Dec 23 | 74 | -14 | 44 | 0 |
| 30 Sep 23 | 89 | 1 | 41 | 0 |
| 30 Jun 23 | 105 | 15 | 39 | 0 |
| 31 Mar 23 | 116 | 22 | 37 | 0 |
| 31 Dec 22 | 127 | 28 | 36 | 0 |
| 31 Dec 21 | 105 | 32 | 22 | 0 |
| 31 Dec 20 | 85 | 15 | 25 | 0 |
| 31 Dec 19 | 83 | 15 | 21 | 0 |
Quality Earnings: 1947 is currently unprofitable.
Growing Profit Margin: 1947 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1947 is unprofitable, and losses have increased over the past 5 years at a rate of 45.1% per year.
Accelerating Growth: Unable to compare 1947's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 1947 is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare industry (-16.9%).
Return on Equity
High ROE: 1947 has a negative Return on Equity (-17.44%), as it is currently unprofitable.