Solex Energy Past Earnings Performance
Past criteria checks 2/6
Solex Energy's earnings have been declining at an average annual rate of -28.6%, while the Semiconductor industry saw earnings growing at 15.2% annually. Revenues have been growing at an average rate of 35.3% per year. Solex Energy's return on equity is 10.2%, and it has net margins of 1.7%.
Key information
-28.6%
Earnings growth rate
-42.4%
EPS growth rate
| Semiconductor Industry Growth | 22.7% |
| Revenue growth rate | 35.3% |
| Return on equity | 10.2% |
| Net Margin | 1.7% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
The Market Lifts Solex Energy Limited (NSE:SOLEX) Shares 26% But It Can Do More
Apr 18
Solex Energy Limited's (NSE:SOLEX) Shares Leap 29% Yet They're Still Not Telling The Full Story
Feb 20Here's Why Solex Energy (NSE:SOLEX) Has A Meaningful Debt Burden
Feb 02Solex Energy Limited (NSE:SOLEX) Soars 27% But It's A Story Of Risk Vs Reward
Jan 05Solex Energy (NSE:SOLEX) May Have Issues Allocating Its Capital
Jan 04Here's Why Shareholders May Want To Be Cautious With Increasing Solex Energy Limited's (NSE:SOLEX) CEO Pay Packet
Sep 23There Are Reasons To Feel Uneasy About Solex Energy's (NSE:SOLEX) Returns On Capital
Sep 13Is Solex Energy (NSE:SOLEX) A Risky Investment?
Jun 24These 4 Measures Indicate That Solex Energy (NSE:SOLEX) Is Using Debt Extensively
Aug 17Does Solex Energy (NSE:SOLEX) Have A Healthy Balance Sheet?
Jul 07Is Solex Energy Limited (NSE:SOLEX) The Right Choice For A Smart Dividend Investor?
Feb 22Revenue & Expenses BreakdownBeta
How Solex Energy 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 Sep 23 | 2,342 | 39 | 129 | 0 |
| 30 Jun 23 | 1,979 | 33 | 107 | 0 |
| 31 Mar 23 | 1,617 | 27 | 84 | 0 |
| 31 Dec 22 | 1,096 | 13 | 59 | 0 |
| 30 Sep 22 | 579 | -1 | 34 | 0 |
| 30 Jun 22 | 651 | 5 | 31 | 0 |
| 31 Mar 22 | 719 | 10 | 28 | 0 |
| 31 Dec 21 | 821 | 12 | 26 | 0 |
| 30 Sep 21 | 924 | 14 | 25 | 0 |
| 30 Jun 21 | 860 | 15 | 23 | 0 |
| 31 Mar 21 | 796 | 17 | 22 | 0 |
| 31 Dec 20 | 848 | 23 | 20 | 0 |
| 30 Sep 20 | 899 | 29 | 19 | 0 |
| 30 Jun 20 | 1,140 | 37 | 18 | 0 |
| 31 Mar 20 | 1,380 | 45 | 18 | 0 |
| 31 Dec 19 | 1,469 | 51 | 17 | 0 |
| 30 Sep 19 | 1,557 | 57 | 17 | 0 |
| 30 Jun 19 | 1,524 | 54 | 17 | 0 |
| 31 Mar 19 | 1,491 | 50 | 17 | 0 |
| 31 Mar 18 | 1,013 | 32 | 10 | 0 |
| 31 Mar 17 | 341 | 9 | 8 | 0 |
| 31 Mar 16 | 464 | 4 | 5 | 0 |
| 31 Mar 15 | 127 | 2 | 3 | 0 |
Quality Earnings: SOLEX has high quality earnings.
Growing Profit Margin: SOLEX became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SOLEX's earnings have declined by 28.6% per year over the past 5 years.
Accelerating Growth: SOLEX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SOLEX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Semiconductor industry (23.3%).
Return on Equity
High ROE: SOLEX's Return on Equity (10.2%) is considered low.