Mirle Automation Corporation

TWSE:2464 Stock Report

Market Cap: NT$16.2b

Mirle Automation Past Earnings Performance

Past criteria checks 3/6

Mirle Automation's earnings have been declining at an average annual rate of -25.1%, while the Machinery industry saw earnings growing at 10.5% annually. Revenues have been declining at an average rate of 6.3% per year. Mirle Automation's return on equity is 4.4%, and it has net margins of 2.6%.

Key information

-25.1%

Earnings growth rate

-25.1%

EPS growth rate

Machinery Industry Growth10.0%
Revenue growth rate-6.3%
Return on equity4.4%
Net Margin2.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Mirle Automation's (TWSE:2464) Profits May Not Reveal Underlying Issues

Nov 15
Mirle Automation's (TWSE:2464) Profits May Not Reveal Underlying Issues

Mirle Automation's (TWSE:2464) Anemic Earnings Might Be Worse Than You Think

Mar 20
Mirle Automation's (TWSE:2464) Anemic Earnings Might Be Worse Than You Think

Recent updates

Mirle Automation's (TWSE:2464) Profits May Not Reveal Underlying Issues

Nov 15
Mirle Automation's (TWSE:2464) Profits May Not Reveal Underlying Issues

Subdued Growth No Barrier To Mirle Automation Corporation (TWSE:2464) With Shares Advancing 51%

Jul 11
Subdued Growth No Barrier To Mirle Automation Corporation (TWSE:2464) With Shares Advancing 51%

What Mirle Automation Corporation's (TWSE:2464) 29% Share Price Gain Is Not Telling You

May 23
What Mirle Automation Corporation's (TWSE:2464) 29% Share Price Gain Is Not Telling You

Here's Why Mirle Automation (TWSE:2464) Has A Meaningful Debt Burden

Apr 29
Here's Why Mirle Automation (TWSE:2464) Has A Meaningful Debt Burden

Subdued Growth No Barrier To Mirle Automation Corporation (TWSE:2464) With Shares Advancing 29%

Apr 08
Subdued Growth No Barrier To Mirle Automation Corporation (TWSE:2464) With Shares Advancing 29%

Mirle Automation's (TWSE:2464) Anemic Earnings Might Be Worse Than You Think

Mar 20
Mirle Automation's (TWSE:2464) Anemic Earnings Might Be Worse Than You Think

Some Investors May Be Worried About Mirle Automation's (TPE:2464) Returns On Capital

Apr 26
Some Investors May Be Worried About Mirle Automation's (TPE:2464) Returns On Capital

Factors Income Investors Should Consider Before Adding Mirle Automation Corporation (TPE:2464) To Their Portfolio

Mar 21
Factors Income Investors Should Consider Before Adding Mirle Automation Corporation (TPE:2464) To Their Portfolio

Should Mirle Automation (TPE:2464) Be Disappointed With Their 30% Profit?

Mar 01
Should Mirle Automation (TPE:2464) Be Disappointed With Their 30% Profit?

Mirle Automation (TPE:2464) Seems To Use Debt Quite Sensibly

Feb 11
Mirle Automation (TPE:2464) Seems To Use Debt Quite Sensibly

What Do The Returns On Capital At Mirle Automation (TPE:2464) Tell Us?

Jan 25
What Do The Returns On Capital At Mirle Automation (TPE:2464) Tell Us?

Is Mirle Automation Corporation's(TPE:2464) Recent Stock Performance Tethered To Its Strong Fundamentals?

Jan 07
Is Mirle Automation Corporation's(TPE:2464) Recent Stock Performance Tethered To Its Strong Fundamentals?

Are Dividend Investors Making A Mistake With Mirle Automation Corporation (TPE:2464)?

Dec 20
Are Dividend Investors Making A Mistake With Mirle Automation Corporation (TPE:2464)?

Shareholders Of Mirle Automation (TPE:2464) Must Be Happy With Their 83% Return

Nov 23
Shareholders Of Mirle Automation (TPE:2464) Must Be Happy With Their 83% Return

Revenue & Expenses Breakdown

How Mirle Automation makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TWSE:2464 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 247,424192868492
30 Jun 247,643176886455
31 Mar 247,900176892480
31 Dec 238,813175940504
30 Sep 239,47455933529
30 Jun 239,883190955588
31 Mar 2310,556359983518
31 Dec 2210,7695151,017499
30 Sep 2210,7545951,032453
30 Jun 2210,479617997362
31 Mar 2210,132554980397
31 Dec 219,861528957396
30 Sep 219,641525911423
30 Jun 219,350494878435
31 Mar 219,097513817432
31 Dec 208,909513793423
30 Sep 209,2094821,143431
30 Jun 209,890499850475
31 Mar 2011,212609900489
31 Dec 1912,507682917529
30 Sep 1913,548854626597
30 Jun 1914,234939956617
31 Mar 1914,3811,002941618
31 Dec 1814,406954912601
30 Sep 1814,264899860529
30 Jun 1813,971777805526
31 Mar 1813,236633754544
31 Dec 1712,376421721540
30 Sep 1711,102395660531
30 Jun 179,809366628463
31 Mar 179,200331612427
31 Dec 168,884489613384
30 Sep 169,001484632358
30 Jun 169,084582636336
31 Mar 168,792567624307
31 Dec 158,319571592311
30 Sep 157,620508573322
30 Jun 157,255441562331
31 Mar 157,105412549318
31 Dec 146,864381535292
30 Sep 146,724346527238
30 Jun 146,677310522203
31 Mar 146,574316519195
31 Dec 136,592348524189

Quality Earnings: 2464 has a large one-off gain of NT$290.7M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 2464's current net profit margins (2.6%) are higher than last year (0.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 2464's earnings have declined by 25.1% per year over the past 5 years.

Accelerating Growth: 2464's earnings growth over the past year (248.7%) exceeds its 5-year average (-25.1% per year).

Earnings vs Industry: 2464 earnings growth over the past year (248.7%) exceeded the Machinery industry 14.6%.

Return on Equity

High ROE: 2464's Return on Equity (4.4%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 22:38
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mirle Automation Corporation is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Changrong ChenCapital Securities Corporation
Andrea SuCLSA
Jinyuan LuJih Sun Securities Investment Consulting Co., Ltd.