Tatung Past Earnings Performance
Past criteria checks 1/6
Tatung has been growing earnings at an average annual rate of 44.3%, while the Electrical industry saw earnings growing at 12.7% annually. Revenues have been growing at an average rate of 6.4% per year. Tatung's return on equity is 2%, and it has net margins of 2.8%.
Key information
44.3%
Earnings growth rate
44.6%
EPS growth rate
| Electrical Industry Growth | 18.7% |
| Revenue growth rate | 6.4% |
| Return on equity | 2.0% |
| Net Margin | 2.8% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Tatung's (TWSE:2371) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Aug 21
Tatung (TWSE:2371) Shareholders Will Want The ROCE Trajectory To Continue
Jul 12Pinning Down Tatung Co., Ltd.'s (TWSE:2371) P/E Is Difficult Right Now
Jun 24Does Tatung (TPE:2371) Have A Healthy Balance Sheet?
Apr 08We Think Tatung's (TPE:2371) Statutory Profit Might Understate Its Earnings Potential
Feb 14
Introducing Tatung (TPE:2371), The Stock That Soared 401% In The Last Five Years
Jan 10Is Tatung (TPE:2371) Using Too Much Debt?
Dec 06Revenue & Expenses Breakdown
How Tatung 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 | 49,479 | 1,378 | 5,298 | 1,662 |
| 31 Mar 24 | 50,049 | 2,815 | 5,341 | 1,676 |
| 31 Dec 23 | 50,351 | 2,627 | 5,157 | 1,673 |
| 30 Sep 23 | 48,641 | 1,887 | 5,131 | 1,666 |
| 30 Jun 23 | 44,415 | 9,440 | 6,234 | 1,399 |
| 31 Mar 23 | 37,998 | 9,298 | 6,049 | 1,136 |
| 31 Dec 22 | 34,539 | 9,367 | 6,098 | 920 |
| 30 Sep 22 | 29,272 | 11,474 | 6,434 | 701 |
| 30 Jun 22 | 30,114 | 4,108 | 5,224 | 731 |
| 31 Mar 22 | 30,700 | 4,496 | 5,469 | 773 |
| 31 Dec 21 | 29,605 | 3,672 | 5,655 | 778 |
| 30 Sep 21 | 29,560 | 191 | 5,703 | 785 |
| 30 Jun 21 | 28,879 | -725 | 5,973 | 788 |
| 31 Mar 21 | 29,126 | -1,720 | 6,318 | 787 |
| 31 Dec 20 | 31,641 | -1,076 | 6,817 | 823 |
| 30 Sep 20 | 34,975 | 1,871 | 5,280 | 663 |
| 30 Jun 20 | 35,941 | 4,422 | 5,642 | 962 |
| 31 Mar 20 | 36,403 | 159 | 5,804 | 1,199 |
| 31 Dec 19 | 35,423 | 2,876 | 5,404 | 1,484 |
| 30 Sep 19 | 36,885 | -5,604 | 7,422 | 2,729 |
| 30 Jun 19 | 44,159 | -9,949 | 8,071 | 3,236 |
| 31 Mar 19 | 52,256 | -6,839 | 8,165 | 3,874 |
| 31 Dec 18 | 60,623 | -10,643 | 8,812 | 4,233 |
| 30 Sep 18 | 68,130 | -4,387 | 8,974 | 3,945 |
| 30 Jun 18 | 72,485 | -2,561 | 8,460 | 4,049 |
| 31 Mar 18 | 73,484 | -697 | 8,677 | 3,902 |
| 31 Dec 17 | 75,553 | 71 | 8,866 | 3,954 |
| 30 Sep 17 | 76,659 | -104 | 9,204 | 4,040 |
| 30 Jun 17 | 74,450 | -323 | 9,485 | 3,846 |
| 31 Mar 17 | 76,572 | -1,599 | 9,408 | 3,848 |
| 31 Dec 16 | 77,678 | -2,310 | 9,587 | 3,871 |
| 30 Sep 16 | 69,771 | -3,203 | 8,899 | 3,565 |
| 30 Jun 16 | 75,853 | -3,866 | 9,311 | 3,896 |
| 31 Mar 16 | 79,308 | -3,706 | 9,785 | 4,184 |
| 31 Dec 15 | 84,719 | -3,492 | 9,870 | 4,628 |
| 30 Sep 15 | 99,765 | -2,944 | 10,414 | 5,276 |
| 30 Jun 15 | 102,739 | -1,807 | 10,781 | 5,438 |
| 31 Mar 15 | 108,199 | -795 | 10,985 | 5,467 |
| 31 Dec 14 | 112,609 | 364 | 11,127 | 5,491 |
| 30 Sep 14 | 114,253 | 1,216 | 11,323 | 5,478 |
| 30 Jun 14 | 116,558 | 969 | 10,953 | 5,663 |
| 31 Mar 14 | 116,998 | -122 | 10,828 | 5,857 |
| 31 Dec 13 | 112,927 | -1,611 | 10,378 | 5,666 |
| 30 Sep 13 | 107,693 | -2,495 | 10,503 | 5,643 |
Quality Earnings: 2371 has a large one-off gain of NT$751.3M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: 2371's current net profit margins (2.8%) are lower than last year (21.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2371 has become profitable over the past 5 years, growing earnings by 44.3% per year.
Accelerating Growth: 2371's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2371 had negative earnings growth (-85.4%) over the past year, making it difficult to compare to the Electrical industry average (-3.8%).
Return on Equity
High ROE: 2371's Return on Equity (2%) is considered low.