AV Concept Holdings Past Earnings Performance
Past criteria checks 3/6
AV Concept Holdings's earnings have been declining at an average annual rate of -1%, while the Electronic industry saw earnings growing at 1.8% annually. Revenues have been declining at an average rate of 15.4% per year. AV Concept Holdings's return on equity is 6.4%, and it has net margins of 11.1%.
Key information
-1.0%
Earnings growth rate
-1.0%
EPS growth rate
| Electronic Industry Growth | 4.8% |
| Revenue growth rate | -15.4% |
| Return on equity | 6.4% |
| Net Margin | 11.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Shareholders Can Be Confident That AV Concept Holdings' (HKG:595) Earnings Are High Quality
Aug 01
AV Concept Holdings' (HKG:595) Soft Earnings Are Actually Better Than They Appear
Jan 05Recent updates
Shareholders Can Be Confident That AV Concept Holdings' (HKG:595) Earnings Are High Quality
Aug 01AV Concept Holdings Limited's (HKG:595) Shares Climb 27% But Its Business Is Yet to Catch Up
Jun 14AV Concept Holdings' (HKG:595) Soft Earnings Are Actually Better Than They Appear
Jan 05Calculating The Intrinsic Value Of AV Concept Holdings Limited (HKG:595)
Oct 26AV Concept Holdings' (HKG:595) Soft Earnings Are Actually Better Than They Appear
Aug 04AV Concept Holdings' (HKG:595) Dividend Will Be Increased To HK$0.04
Jul 29AV Concept Holdings (HKG:595) Is Increasing Its Dividend To HK$0.04
Jul 14Revenue & Expenses Breakdown
How AV Concept 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 Mar 24 | 984 | 109 | 93 | 0 |
| 31 Dec 23 | 832 | 71 | 89 | 0 |
| 30 Sep 23 | 680 | 34 | 86 | 0 |
| 30 Jun 23 | 670 | 37 | 80 | 0 |
| 31 Mar 23 | 660 | 41 | 75 | 0 |
| 31 Dec 22 | 815 | 92 | 86 | 0 |
| 30 Sep 22 | 970 | 143 | 97 | 0 |
| 30 Jun 22 | 1,006 | 187 | 101 | 0 |
| 31 Mar 22 | 1,042 | 231 | 104 | 0 |
| 31 Dec 21 | 1,099 | 263 | 98 | 0 |
| 30 Sep 21 | 1,156 | 296 | 92 | 0 |
| 30 Jun 21 | 1,199 | 283 | 96 | 0 |
| 31 Mar 21 | 1,241 | 270 | 101 | 0 |
| 31 Dec 20 | 1,198 | 206 | 100 | 0 |
| 30 Sep 20 | 1,155 | 142 | 98 | 0 |
| 30 Jun 20 | 1,246 | 118 | 98 | 0 |
| 31 Mar 20 | 1,337 | 93 | 98 | 0 |
| 31 Dec 19 | 1,392 | 71 | 99 | 0 |
| 30 Sep 19 | 1,446 | 49 | 100 | 0 |
| 30 Jun 19 | 1,572 | 53 | 100 | 0 |
| 31 Mar 19 | 1,699 | 57 | 99 | 0 |
| 31 Dec 18 | 1,747 | 108 | 101 | 0 |
| 30 Sep 18 | 1,795 | 159 | 102 | 0 |
| 30 Jun 18 | 1,729 | 161 | 99 | 0 |
| 31 Mar 18 | 1,663 | 163 | 96 | 0 |
| 31 Dec 17 | 1,636 | 192 | 87 | 0 |
| 30 Sep 17 | 1,609 | 222 | 77 | 0 |
| 30 Jun 17 | 1,476 | 249 | 75 | 0 |
| 31 Mar 17 | 1,342 | 276 | 74 | 0 |
| 31 Dec 16 | 1,171 | 196 | 77 | 0 |
| 30 Sep 16 | 1,000 | 116 | 80 | 0 |
| 30 Jun 16 | 1,018 | 59 | 89 | 0 |
| 31 Mar 16 | 1,037 | 2 | 99 | 0 |
| 31 Dec 15 | 1,250 | -38 | 117 | 0 |
| 30 Sep 15 | 1,462 | -79 | 129 | 0 |
| 30 Jun 15 | 1,710 | -64 | 131 | 0 |
| 31 Mar 15 | 1,958 | -50 | 134 | 0 |
| 30 Sep 14 | 2,467 | 64 | 138 | 0 |
| 30 Jun 14 | 2,608 | 60 | 138 | 0 |
| 31 Mar 14 | 2,750 | 56 | 138 | 0 |
| 30 Sep 13 | 2,411 | 61 | 75 | 0 |
Quality Earnings: 595 has a large one-off loss of HK$28.7M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 595's current net profit margins (11.1%) are higher than last year (6.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 595's earnings have declined by 1% per year over the past 5 years.
Accelerating Growth: 595's earnings growth over the past year (168.1%) exceeds its 5-year average (-1% per year).
Earnings vs Industry: 595 earnings growth over the past year (168.1%) exceeded the Electronic industry -8.7%.
Return on Equity
High ROE: 595's Return on Equity (6.4%) is considered low.