China Energy Storage Technology Development Past Earnings Performance
Past criteria checks 2/6
China Energy Storage Technology Development has been growing earnings at an average annual rate of 27.4%, while the Electronic industry saw earnings growing at 4.4% annually. Revenues have been declining at an average rate of 5.3% per year. China Energy Storage Technology Development's return on equity is 1.1%, and it has net margins of 1%.
Key information
27.4%
Earnings growth rate
43.1%
EPS growth rate
| Electronic Industry Growth | 4.8% |
| Revenue growth rate | -5.3% |
| Return on equity | 1.1% |
| Net Margin | 1.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
China Energy Storage Technology Development Limited's (HKG:1143) Popularity With Investors Is Under Threat From Overpricing
Jan 23
Unpleasant Surprises Could Be In Store For Link-Asia International MedTech Group Limited's (HKG:1143) Shares
Apr 18Is Link-Asia International MedTech Group (HKG:1143) Using Debt In A Risky Way?
Oct 29Health Check: How Prudently Does Link-Asia International (HKG:1143) Use Debt?
Dec 16Revenue & Expenses BreakdownBeta
How China Energy Storage Technology Development 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 | 502 | 5 | 127 | 13 |
| 30 Sep 23 | 489 | -20 | 130 | 10 |
| 30 Jun 23 | 476 | -45 | 134 | 14 |
| 31 Mar 23 | 503 | -50 | 135 | 14 |
| 31 Dec 22 | 529 | -54 | 136 | 15 |
| 30 Sep 22 | 581 | -41 | 142 | 15 |
| 30 Jun 22 | 633 | -28 | 149 | 22 |
| 31 Mar 22 | 654 | -37 | 165 | 19 |
| 31 Dec 21 | 676 | -46 | 181 | 15 |
| 30 Sep 21 | 668 | -91 | 205 | 14 |
| 30 Jun 21 | 660 | -135 | 228 | 14 |
| 31 Mar 21 | 627 | -154 | 232 | 14 |
| 31 Dec 20 | 595 | -173 | 237 | 14 |
| 30 Sep 20 | 596 | -170 | 221 | 7 |
| 30 Jun 20 | 597 | -167 | 206 | 0 |
| 31 Mar 20 | 614 | -162 | 208 | 0 |
| 31 Dec 19 | 630 | -157 | 210 | 0 |
| 30 Jun 19 | 647 | -81 | 212 | 0 |
| 31 Mar 19 | 664 | -77 | 211 | 0 |
| 31 Dec 18 | 681 | -74 | 210 | 0 |
| 30 Sep 18 | 695 | -75 | 218 | 0 |
| 30 Jun 18 | 655 | -92 | 223 | 0 |
| 31 Mar 18 | 658 | -110 | 210 | 0 |
| 31 Dec 17 | 662 | -128 | 197 | 0 |
| 30 Sep 17 | 668 | -140 | 191 | 0 |
| 30 Jun 17 | 674 | -152 | 184 | 0 |
| 31 Mar 17 | 711 | -117 | 183 | 0 |
| 31 Dec 16 | 749 | -83 | 181 | 0 |
| 30 Jun 16 | 912 | 4 | 147 | 0 |
| 31 Mar 16 | 960 | 41 | 140 | 0 |
| 31 Dec 15 | 1,009 | 78 | 133 | 0 |
| 30 Jun 15 | 721 | 141 | 46 | 0 |
| 31 Mar 15 | 877 | 115 | 94 | 0 |
| 31 Dec 14 | 1,033 | 90 | 141 | 0 |
| 30 Sep 14 | 1,876 | 13 | 329 | 0 |
| 30 Jun 14 | 1,919 | 25 | 308 | 0 |
| 31 Mar 14 | 1,873 | 27 | 293 | 0 |
| 31 Dec 13 | 1,826 | 29 | 279 | 0 |
| 30 Sep 13 | 1,689 | 23 | 262 | 0 |
| 30 Jun 13 | 1,552 | 18 | 245 | 0 |
Quality Earnings: 1143 has a large one-off gain of HK$1.8M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 1143 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1143 has become profitable over the past 5 years, growing earnings by 27.4% per year.
Accelerating Growth: 1143 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 1143 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (-17.9%).
Return on Equity
High ROE: 1143's Return on Equity (1.1%) is considered low.