Meiji Electric IndustriesLtd Past Earnings Performance
Past criteria checks 1/6
Meiji Electric IndustriesLtd's earnings have been declining at an average annual rate of -1%, while the Trade Distributors industry saw earnings growing at 11.2% annually. Revenues have been declining at an average rate of 0.7% per year. Meiji Electric IndustriesLtd's return on equity is 6.4%, and it has net margins of 2.8%.
Key information
-1.0%
Earnings growth rate
-4.0%
EPS growth rate
| Trade Distributors Industry Growth | 8.5% |
| Revenue growth rate | -0.7% |
| Return on equity | 6.4% |
| Net Margin | 2.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Meiji Electric IndustriesLtd (TSE:3388) Is Due To Pay A Dividend Of ¥30.00
Sep 21
Meiji Electric IndustriesLtd (TSE:3388) Has Announced A Dividend Of ¥30.00
Aug 27Benign Growth For Meiji Electric Industries Co.,Ltd. (TSE:3388) Underpins Stock's 34% Plummet
Aug 05Returns On Capital At Meiji Electric IndustriesLtd (TSE:3388) Paint A Concerning Picture
Jun 21Solid Earnings Reflect Meiji Electric IndustriesLtd's (TSE:3388) Strength As A Business
May 22Meiji Electric IndustriesLtd's (TSE:3388) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 03Revenue & Expenses Breakdown
How Meiji Electric IndustriesLtd 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 24 | 74,784 | 2,099 | 8,359 | 0 |
| 30 Jun 24 | 73,960 | 2,195 | 8,254 | 0 |
| 31 Mar 24 | 74,580 | 2,426 | 8,077 | 0 |
| 31 Dec 23 | 75,528 | 2,658 | 7,934 | 0 |
| 30 Sep 23 | 74,375 | 2,581 | 7,748 | 0 |
| 30 Jun 23 | 73,057 | 2,411 | 7,617 | 0 |
| 31 Mar 23 | 70,947 | 2,191 | 7,529 | 0 |
| 31 Dec 22 | 67,879 | 1,614 | 7,396 | 0 |
| 30 Sep 22 | 66,411 | 1,503 | 7,250 | 0 |
| 30 Jun 22 | 66,086 | 1,644 | 7,086 | 0 |
| 31 Mar 22 | 67,749 | 1,780 | 6,996 | 0 |
| 31 Dec 21 | 67,232 | 1,890 | 6,838 | 0 |
| 30 Sep 21 | 66,697 | 1,837 | 6,825 | 0 |
| 30 Jun 21 | 65,154 | 1,624 | 6,778 | 0 |
| 31 Mar 21 | 63,910 | 1,515 | 6,701 | 0 |
| 31 Dec 20 | 69,091 | 1,767 | 6,955 | 0 |
| 30 Sep 20 | 72,472 | 2,218 | 7,004 | 0 |
| 30 Jun 20 | 76,721 | 2,619 | 7,152 | 0 |
| 31 Mar 20 | 80,408 | 2,759 | 7,285 | 0 |
| 31 Dec 19 | 78,221 | 2,503 | 7,400 | 0 |
| 30 Sep 19 | 81,399 | 2,712 | 7,391 | 0 |
| 30 Jun 19 | 82,498 | 2,859 | 7,373 | 0 |
| 31 Mar 19 | 82,978 | 3,153 | 7,278 | 0 |
| 31 Dec 18 | 80,315 | 3,243 | 7,025 | 0 |
| 30 Sep 18 | 76,352 | 2,909 | 6,879 | 0 |
| 30 Jun 18 | 72,250 | 2,475 | 6,750 | 0 |
| 31 Mar 18 | 67,849 | 2,147 | 6,604 | 0 |
| 31 Dec 17 | 66,289 | 1,922 | 6,386 | 0 |
| 30 Sep 17 | 63,086 | 1,715 | 6,283 | 0 |
| 30 Jun 17 | 61,548 | 1,725 | 6,114 | 0 |
| 31 Mar 17 | 60,260 | 1,518 | 6,113 | 0 |
| 31 Dec 16 | 59,531 | 1,459 | 6,151 | 0 |
| 30 Sep 16 | 59,528 | 1,481 | 6,125 | 0 |
| 30 Jun 16 | 59,216 | 1,408 | 6,133 | 0 |
| 31 Mar 16 | 58,697 | 1,550 | 6,018 | 0 |
| 31 Dec 15 | 58,237 | 1,586 | 5,928 | 0 |
| 30 Sep 15 | 56,928 | 1,487 | 5,887 | 0 |
| 30 Jun 15 | 56,178 | 1,546 | 5,821 | 0 |
| 31 Mar 15 | 55,408 | 1,498 | 5,700 | 0 |
| 31 Dec 14 | 53,105 | 1,346 | 5,541 | 0 |
| 30 Sep 14 | 50,718 | 1,147 | 5,388 | 0 |
| 30 Jun 14 | 47,803 | 871 | 5,239 | 0 |
| 31 Mar 14 | 46,433 | 807 | 5,177 | 0 |
| 31 Dec 13 | 44,415 | 750 | 5,093 | 0 |
Quality Earnings: 3388 has high quality earnings.
Growing Profit Margin: 3388's current net profit margins (2.8%) are lower than last year (3.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 3388's earnings have declined by 1% per year over the past 5 years.
Accelerating Growth: 3388's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 3388 had negative earnings growth (-18.7%) over the past year, making it difficult to compare to the Trade Distributors industry average (1.6%).
Return on Equity
High ROE: 3388's Return on Equity (6.4%) is considered low.