Confidence Futuristic Energetech Past Earnings Performance
Past criteria checks 2/6
Confidence Futuristic Energetech has been growing earnings at an average annual rate of 64.3%, while the Machinery industry saw earnings growing at 26% annually. Revenues have been growing at an average rate of 64.9% per year. Confidence Futuristic Energetech's return on equity is 3.1%, and it has net margins of 2.8%.
Key information
64.3%
Earnings growth rate
37.7%
EPS growth rate
| Machinery Industry Growth | 21.0% |
| Revenue growth rate | 64.9% |
| Return on equity | 3.1% |
| Net Margin | 2.8% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Confidence Futuristic Energetech 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 | 1,809 | 50 | 42 | 0 |
| 31 Mar 24 | 1,759 | 86 | 54 | 0 |
| 31 Dec 23 | 1,522 | 92 | 45 | 0 |
| 30 Sep 23 | 1,491 | 90 | 49 | 0 |
| 30 Jun 23 | 1,489 | 98 | 48 | 0 |
| 31 Mar 23 | 1,220 | 71 | 48 | 0 |
| 31 Dec 22 | 984 | 41 | 47 | 0 |
| 30 Sep 22 | 833 | 38 | 41 | 0 |
| 30 Jun 22 | 713 | 50 | 31 | 0 |
| 31 Mar 22 | 535 | 27 | 29 | 0 |
| 31 Dec 21 | 292 | 11 | 18 | 0 |
| 30 Sep 21 | 182 | 3 | 11 | 0 |
| 30 Jun 21 | 51 | -23 | 7 | 0 |
| 31 Mar 21 | 14 | 0 | 3 | 0 |
| 31 Dec 20 | 25 | 0 | 11 | 0 |
| 30 Sep 20 | 19 | 0 | 11 | 0 |
| 30 Jun 20 | 18 | 0 | 12 | 0 |
| 31 Mar 20 | 15 | 0 | 9 | 0 |
| 31 Dec 19 | 12 | 0 | 12 | 0 |
| 30 Sep 19 | 47 | 1 | 12 | 0 |
| 30 Jun 19 | 75 | 1 | 2 | 0 |
| 31 Mar 19 | 90 | 1 | 13 | 0 |
| 31 Dec 18 | 85 | 2 | 6 | 0 |
| 30 Sep 18 | 51 | 0 | 2 | 0 |
| 30 Jun 18 | 21 | 0 | 6 | 0 |
| 31 Mar 18 | 7 | 0 | 5 | 0 |
| 31 Dec 17 | 2 | -2 | 0 | 0 |
| 30 Sep 17 | 3 | 0 | 0 | 0 |
| 30 Jun 17 | 3 | 0 | 0 | 0 |
| 31 Mar 17 | 3 | 0 | 0 | 0 |
| 31 Dec 16 | 3 | 6 | 1 | 0 |
| 30 Sep 16 | 3 | 6 | 1 | 0 |
| 30 Jun 16 | 3 | 6 | 0 | 0 |
| 31 Mar 16 | 2 | 6 | 0 | 0 |
Quality Earnings: 539991 has high quality earnings.
Growing Profit Margin: 539991's current net profit margins (2.8%) are lower than last year (6.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 539991's earnings have grown significantly by 64.3% per year over the past 5 years.
Accelerating Growth: 539991's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 539991 had negative earnings growth (-48.8%) over the past year, making it difficult to compare to the Machinery industry average (25.4%).
Return on Equity
High ROE: 539991's Return on Equity (3.1%) is considered low.