Wellysun Past Earnings Performance
We're still processing the latest earnings report of this company
Past criteria checks 0/6
Wellysun's earnings have been declining at an average annual rate of -33.9%, while the Auto Components industry saw earnings growing at 19.7% annually. Revenues have been growing at an average rate of 5.5% per year. Wellysun's return on equity is 1%, and it has net margins of 0.9%.
Key information
-33.9%
Earnings growth rate
-35.5%
EPS growth rate
| Auto Components Industry Growth | 12.8% |
| Revenue growth rate | 5.5% |
| Return on equity | 1.0% |
| Net Margin | 0.9% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Wellysun 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 | 828 | 8 | 99 | 124 |
| 31 Mar 24 | 860 | 16 | 94 | 129 |
| 31 Dec 23 | 813 | 0 | 100 | 126 |
| 31 Dec 22 | 758 | 22 | 85 | 116 |
Quality Earnings: 6988 has a high level of non-cash earnings.
Growing Profit Margin: 6988's current net profit margins (0.9%) are lower than last year (1.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if 6988's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare 6988's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: 6988 had negative earnings growth (-33.9%) over the past year, making it difficult to compare to the Auto Components industry average (17.6%).
Return on Equity
High ROE: 6988's Return on Equity (1%) is considered low.