China Electric Mfg. Corporation

TWSE:1611 Stock Report

Market Cap: NT$5.4b

China Electric Mfg Past Earnings Performance

Past criteria checks 3/6

China Electric Mfg's earnings have been declining at an average annual rate of -32.7%, while the Electrical industry saw earnings growing at 11.5% annually. Revenues have been declining at an average rate of 13.6% per year. China Electric Mfg's return on equity is 3.9%, and it has net margins of 13.5%.

Key information

-32.7%

Earnings growth rate

-32.7%

EPS growth rate

Electrical Industry Growth18.7%
Revenue growth rate-13.6%
Return on equity3.9%
Net Margin13.5%
Last Earnings Update30 Sep 2024

Recent past performance updates

China Electric Mfg's (TWSE:1611) Shareholders May Want To Dig Deeper Than Statutory Profit

Nov 20
China Electric Mfg's (TWSE:1611) Shareholders May Want To Dig Deeper Than Statutory Profit

Recent updates

China Electric Mfg's (TWSE:1611) Shareholders May Want To Dig Deeper Than Statutory Profit

Nov 20
China Electric Mfg's (TWSE:1611) Shareholders May Want To Dig Deeper Than Statutory Profit

Investors Will Want China Electric Mfg's (TWSE:1611) Growth In ROCE To Persist

Aug 07
Investors Will Want China Electric Mfg's (TWSE:1611) Growth In ROCE To Persist

Is China Electric Mfg (TWSE:1611) Using Too Much Debt?

Jun 21
Is China Electric Mfg (TWSE:1611) Using Too Much Debt?

We Think You Should Be Aware Of Some Concerning Factors In China Electric Mfg's (TWSE:1611) Earnings

Mar 19
We Think You Should Be Aware Of Some Concerning Factors In China Electric Mfg's (TWSE:1611) Earnings

Calculating The Intrinsic Value Of China Electric Mfg. Corporation (TPE:1611)

Apr 09
Calculating The Intrinsic Value Of China Electric Mfg. Corporation (TPE:1611)

Is China Electric Mfg (TPE:1611) Using Debt In A Risky Way?

Mar 21
Is China Electric Mfg (TPE:1611) Using Debt In A Risky Way?

Is China Electric Mfg. Corporation (TPE:1611) A Smart Choice For Dividend Investors?

Feb 23
Is China Electric Mfg. Corporation (TPE:1611) A Smart Choice For Dividend Investors?

Here's Why We Don't Think China Electric Mfg's (TPE:1611) Statutory Earnings Reflect Its Underlying Earnings Potential

Jan 31
Here's Why We Don't Think China Electric Mfg's (TPE:1611) Statutory Earnings Reflect Its Underlying Earnings Potential

Shareholders Of China Electric Mfg (TPE:1611) Must Be Happy With Their 134% Total Return

Jan 11
Shareholders Of China Electric Mfg (TPE:1611) Must Be Happy With Their 134% Total Return

Is China Electric Mfg (TPE:1611) A Risky Investment?

Dec 03
Is China Electric Mfg (TPE:1611) A Risky Investment?

Revenue & Expenses Breakdown

How China Electric Mfg makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TWSE:1611 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,2451682621
30 Jun 241,3081772832
31 Mar 241,3161672903
31 Dec 231,3611503034
30 Sep 231,3721343114
30 Jun 231,4241103144
31 Mar 231,508933294
31 Dec 221,570773444
30 Sep 221,6483074054
30 Jun 221,6823204185
31 Mar 221,7102764696
31 Dec 211,7782794859
30 Sep 211,7904745012
30 Jun 211,8794047117
31 Mar 211,9658843820
31 Dec 202,0747944223
30 Sep 202,18780655631
30 Jun 202,26075755331
31 Mar 202,35173758632
31 Dec 192,35476360534
30 Sep 192,33816153330
30 Jun 192,27615356538
31 Mar 192,26811057848
31 Dec 182,3526859061
30 Sep 182,49377166284
30 Jun 182,65463466697
31 Mar 182,699606631101
31 Dec 172,706618607103
30 Sep 172,692-1,004526100
30 Jun 172,632-867487103
31 Mar 172,644-842489110
31 Dec 162,676-858493116
30 Sep 162,661-138455116
30 Jun 162,669155472119
31 Mar 162,67554463120
31 Dec 152,69013452124
30 Sep 152,741-203487130
30 Jun 152,752-463456134
31 Mar 152,818-322447138
31 Dec 142,857-275450137
30 Sep 142,753-550613141
30 Jun 142,834-545628146
31 Mar 142,894-615641156
31 Dec 133,203-539630166

Quality Earnings: 1611 has a large one-off gain of NT$40.2M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 1611's current net profit margins (13.5%) are higher than last year (9.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 1611's earnings have declined by 32.7% per year over the past 5 years.

Accelerating Growth: 1611's earnings growth over the past year (25.5%) exceeds its 5-year average (-32.7% per year).

Earnings vs Industry: 1611 earnings growth over the past year (25.5%) exceeded the Electrical industry 6.1%.


Return on Equity

High ROE: 1611's Return on Equity (3.9%) is considered low.


Return on Assets


Return on Capital Employed


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