Acotec Scientific Holdings Past Earnings Performance
Past criteria checks 1/6
Acotec Scientific Holdings has been growing earnings at an average annual rate of 56%, while the Medical Equipment industry saw earnings growing at 12.2% annually. Revenues have been growing at an average rate of 27.1% per year. Acotec Scientific Holdings's return on equity is 1.1%, and it has net margins of 3.1%.
Key information
56.0%
Earnings growth rate
52.9%
EPS growth rate
| Medical Equipment Industry Growth | 13.7% |
| Revenue growth rate | 27.1% |
| Return on equity | 1.1% |
| Net Margin | 3.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
An Intrinsic Calculation For Acotec Scientific Holdings Limited (HKG:6669) Suggests It's 46% Undervalued
Mar 21
We Think Acotec Scientific Holdings (HKG:6669) Can Easily Afford To Drive Business Growth
Nov 17Acotec Scientific Holdings Limited's (HKG:6669) Intrinsic Value Is Potentially 42% Above Its Share Price
Oct 20Acotec Scientific Holdings (HKG:6669) Has More To Do To Multiply In Value Going Forward
Sep 24An Intrinsic Calculation For Acotec Scientific Holdings Limited (HKG:6669) Suggests It's 49% Undervalued
Jul 01Revenue & Expenses BreakdownBeta
How Acotec Scientific Holdings 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 | 474 | 14 | 181 | 185 |
| 30 Sep 23 | 469 | 38 | 184 | 191 |
| 30 Jun 23 | 463 | 61 | 186 | 197 |
| 31 Mar 23 | 429 | 66 | 173 | 190 |
| 31 Dec 22 | 396 | 70 | 161 | 184 |
| 30 Sep 22 | 367 | 17 | 140 | 170 |
| 30 Jun 22 | 339 | -35 | 120 | 157 |
| 31 Mar 22 | 338 | -24 | 109 | 144 |
| 31 Dec 21 | 304 | -79 | 116 | 141 |
| 30 Sep 21 | 285 | -76 | 126 | 136 |
| 30 Jun 21 | 266 | -74 | 136 | 131 |
| 31 Mar 21 | 228 | -81 | 129 | 113 |
| 31 Dec 20 | 194 | -44 | 106 | 83 |
| 31 Dec 19 | 125 | 23 | 57 | 25 |
Quality Earnings: 6669 has a large one-off loss of CN¥21.9M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 6669's current net profit margins (3.1%) are lower than last year (17.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 6669 has become profitable over the past 5 years, growing earnings by 56% per year.
Accelerating Growth: 6669's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6669 had negative earnings growth (-79.3%) over the past year, making it difficult to compare to the Medical Equipment industry average (-10.4%).
Return on Equity
High ROE: 6669's Return on Equity (1.1%) is considered low.