V-TAC TechnologyLtd Past Earnings Performance
Past criteria checks 2/6
V-TAC TechnologyLtd has been growing earnings at an average annual rate of 9.6%, while the Semiconductor industry saw earnings growing at 16.9% annually. Revenues have been declining at an average rate of 1.8% per year. V-TAC TechnologyLtd's return on equity is 0.3%, and it has net margins of 0.2%.
Key information
9.6%
Earnings growth rate
9.7%
EPS growth rate
| Semiconductor Industry Growth | 19.9% |
| Revenue growth rate | -1.8% |
| Return on equity | 0.3% |
| Net Margin | 0.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Does V-TAC TechnologyLtd (GTSM:6229) Have A Healthy Balance Sheet?
Apr 23
V-TAC TechnologyLtd's (GTSM:6229) Performance Is Even Better Than Its Earnings Suggest
Apr 01V-TAC Technology Co.,Ltd. (GTSM:6229) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Mar 09Is V-TAC Technology Co.,Ltd. (GTSM:6229) The Right Choice For A Smart Dividend Investor?
Feb 16
What Do The Returns At V-TAC TechnologyLtd (GTSM:6229) Mean Going Forward?
Jan 26V-TAC TechnologyLtd (GTSM:6229) Seems To Use Debt Quite Sensibly
Jan 05V-TAC Technology Co.,Ltd.'s (GTSM:6229) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Dec 08Read This Before Buying V-TAC Technology Co.,Ltd. (GTSM:6229) For Its Dividend
Nov 17Revenue & Expenses BreakdownBeta
How V-TAC TechnologyLtd 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 | 1,101 | 2 | 187 | 33 |
| 30 Sep 23 | 1,180 | -14 | 188 | 32 |
| 30 Jun 23 | 1,273 | -3 | 190 | 35 |
| 31 Mar 23 | 1,425 | 29 | 197 | 38 |
| 31 Dec 22 | 1,605 | 79 | 203 | 40 |
| 30 Sep 22 | 1,784 | 118 | 228 | 41 |
| 30 Jun 22 | 2,029 | 162 | 237 | 42 |
| 31 Mar 22 | 2,144 | 175 | 237 | 43 |
| 31 Dec 21 | 2,113 | 160 | 228 | 40 |
| 30 Sep 21 | 2,091 | 134 | 212 | 42 |
| 30 Jun 21 | 1,910 | 98 | 201 | 39 |
| 31 Mar 21 | 1,853 | 71 | 185 | 39 |
| 31 Dec 20 | 1,745 | 47 | 184 | 41 |
| 30 Sep 20 | 1,626 | 43 | 176 | 41 |
| 30 Jun 20 | 1,682 | 33 | 176 | 44 |
| 31 Mar 20 | 1,554 | 21 | 181 | 45 |
| 31 Dec 19 | 1,561 | 21 | 183 | 47 |
| 30 Sep 19 | 1,585 | 22 | 198 | 46 |
| 30 Jun 19 | 1,502 | 30 | 193 | 49 |
| 31 Mar 19 | 1,525 | 31 | 187 | 51 |
| 31 Dec 18 | 1,596 | 28 | 188 | 44 |
| 30 Sep 18 | 1,663 | 30 | 183 | 36 |
| 30 Jun 18 | 1,798 | 22 | 189 | 26 |
| 31 Mar 18 | 1,805 | 24 | 182 | 16 |
| 31 Dec 17 | 1,742 | 26 | 159 | 17 |
| 30 Sep 17 | 1,540 | 25 | 129 | 17 |
| 30 Jun 17 | 1,305 | 18 | 103 | 17 |
| 31 Mar 17 | 1,214 | 16 | 93 | 17 |
| 31 Dec 16 | 1,242 | 23 | 95 | 17 |
| 30 Sep 16 | 1,238 | 18 | 97 | 17 |
| 30 Jun 16 | 1,203 | 12 | 95 | 17 |
| 31 Mar 16 | 1,087 | 6 | 89 | 16 |
| 31 Dec 15 | 949 | 2 | 84 | 17 |
| 30 Sep 15 | 916 | 13 | 76 | 17 |
| 30 Jun 15 | 890 | 16 | 75 | 17 |
| 31 Mar 15 | 893 | 20 | 75 | 18 |
| 31 Dec 14 | 905 | 29 | 75 | 18 |
| 30 Sep 14 | 855 | 27 | 74 | 18 |
| 30 Jun 14 | 841 | 24 | 73 | 18 |
| 31 Mar 14 | 913 | 36 | 75 | 17 |
| 31 Dec 13 | 867 | 32 | 72 | 16 |
| 30 Sep 13 | 849 | 27 | 94 | 15 |
| 30 Jun 13 | 821 | 29 | 96 | 15 |
Quality Earnings: 6229 has high quality earnings.
Growing Profit Margin: 6229's current net profit margins (0.2%) are lower than last year (4.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 6229's earnings have grown by 9.6% per year over the past 5 years.
Accelerating Growth: 6229's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6229 had negative earnings growth (-97.6%) over the past year, making it difficult to compare to the Semiconductor industry average (-28.7%).
Return on Equity
High ROE: 6229's Return on Equity (0.3%) is considered low.