Mirle Automation Past Earnings Performance
Past criteria checks 0/6
Mirle Automation's earnings have been declining at an average annual rate of -24.4%, while the Machinery industry saw earnings growing at 9.9% annually. Revenues have been declining at an average rate of 7.7% per year. Mirle Automation's return on equity is 4.3%, and it has net margins of 2%.
Key information
-24.4%
Earnings growth rate
-24.4%
EPS growth rate
| Machinery Industry Growth | 10.0% |
| Revenue growth rate | -7.7% |
| Return on equity | 4.3% |
| Net Margin | 2.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Here's Why Mirle Automation (TWSE:2464) Has A Meaningful Debt Burden
Apr 29
Subdued Growth No Barrier To Mirle Automation Corporation (TWSE:2464) With Shares Advancing 29%
Apr 08Mirle Automation's (TWSE:2464) Anemic Earnings Might Be Worse Than You Think
Mar 20Some Investors May Be Worried About Mirle Automation's (TPE:2464) Returns On Capital
Apr 26Factors Income Investors Should Consider Before Adding Mirle Automation Corporation (TPE:2464) To Their Portfolio
Mar 21Should Mirle Automation (TPE:2464) Be Disappointed With Their 30% Profit?
Mar 01Mirle Automation (TPE:2464) Seems To Use Debt Quite Sensibly
Feb 11What Do The Returns On Capital At Mirle Automation (TPE:2464) Tell Us?
Jan 25Is Mirle Automation Corporation's(TPE:2464) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jan 07
Are Dividend Investors Making A Mistake With Mirle Automation Corporation (TPE:2464)?
Dec 20Shareholders Of Mirle Automation (TPE:2464) Must Be Happy With Their 83% Return
Nov 23Revenue & Expenses BreakdownBeta
How Mirle Automation 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 |
|---|---|---|---|---|
| 31 Dec 23 | 8,813 | 175 | 940 | 504 |
| 30 Sep 23 | 9,474 | 55 | 933 | 529 |
| 30 Jun 23 | 9,883 | 190 | 956 | 588 |
| 31 Mar 23 | 10,556 | 359 | 983 | 518 |
| 31 Dec 22 | 10,769 | 515 | 1,017 | 499 |
| 30 Sep 22 | 10,754 | 595 | 1,032 | 453 |
| 30 Jun 22 | 10,479 | 617 | 997 | 362 |
| 31 Mar 22 | 10,132 | 554 | 980 | 397 |
| 31 Dec 21 | 9,861 | 528 | 957 | 396 |
| 30 Sep 21 | 9,641 | 525 | 911 | 423 |
| 30 Jun 21 | 9,350 | 494 | 878 | 435 |
| 31 Mar 21 | 9,097 | 513 | 817 | 432 |
| 31 Dec 20 | 8,909 | 513 | 793 | 423 |
| 30 Sep 20 | 9,209 | 482 | 1,143 | 431 |
| 30 Jun 20 | 9,890 | 499 | 850 | 475 |
| 31 Mar 20 | 11,212 | 609 | 900 | 489 |
| 31 Dec 19 | 12,507 | 682 | 917 | 529 |
| 30 Sep 19 | 13,548 | 854 | 626 | 597 |
| 30 Jun 19 | 14,234 | 939 | 956 | 617 |
| 31 Mar 19 | 14,381 | 1,002 | 941 | 618 |
| 31 Dec 18 | 14,406 | 954 | 912 | 601 |
| 30 Sep 18 | 14,264 | 899 | 860 | 529 |
| 30 Jun 18 | 13,971 | 777 | 805 | 526 |
| 31 Mar 18 | 13,236 | 633 | 754 | 544 |
| 31 Dec 17 | 12,376 | 421 | 721 | 540 |
| 30 Sep 17 | 11,102 | 395 | 660 | 531 |
| 30 Jun 17 | 9,809 | 366 | 628 | 463 |
| 31 Mar 17 | 9,200 | 331 | 612 | 427 |
| 31 Dec 16 | 8,884 | 489 | 613 | 384 |
| 30 Sep 16 | 9,001 | 484 | 632 | 358 |
| 30 Jun 16 | 9,084 | 582 | 636 | 336 |
| 31 Mar 16 | 8,792 | 567 | 624 | 307 |
| 31 Dec 15 | 8,319 | 571 | 592 | 311 |
| 30 Sep 15 | 7,620 | 508 | 573 | 322 |
| 30 Jun 15 | 7,255 | 441 | 562 | 331 |
| 31 Mar 15 | 7,105 | 412 | 549 | 318 |
| 31 Dec 14 | 6,864 | 381 | 535 | 292 |
| 30 Sep 14 | 6,724 | 346 | 527 | 238 |
| 30 Jun 14 | 6,677 | 310 | 522 | 203 |
| 31 Mar 14 | 6,574 | 316 | 519 | 195 |
| 31 Dec 13 | 6,592 | 348 | 524 | 189 |
| 30 Sep 13 | 5,751 | 311 | 500 | 185 |
| 30 Jun 13 | 5,396 | 260 | 467 | 192 |
Quality Earnings: 2464 has a large one-off gain of NT$290.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 2464's current net profit margins (2%) are lower than last year (4.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2464's earnings have declined by 24.4% per year over the past 5 years.
Accelerating Growth: 2464's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2464 had negative earnings growth (-66%) over the past year, making it difficult to compare to the Machinery industry average (-12.7%).
Return on Equity
High ROE: 2464's Return on Equity (4.3%) is considered low.