Mutual-Tek Industries Past Earnings Performance
Past criteria checks 3/6
Mutual-Tek Industries's earnings have been declining at an average annual rate of -18.2%, while the Electronic industry saw earnings growing at 12.5% annually. Revenues have been declining at an average rate of 23.2% per year. Mutual-Tek Industries's return on equity is 2.2%, and it has net margins of 1.4%.
Key information
-18.2%
Earnings growth rate
-21.1%
EPS growth rate
| Electronic Industry Growth | 14.8% |
| Revenue growth rate | -23.2% |
| Return on equity | 2.2% |
| Net Margin | 1.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Calculating The Fair Value Of Mutual-Tek Industries Co., Ltd. (GTSM:6407)
Apr 23
What To Know Before Buying Mutual-Tek Industries Co., Ltd. (GTSM:6407) For Its Dividend
Mar 19Will The ROCE Trend At Mutual-Tek Industries (GTSM:6407) Continue?
Feb 05Are Mutual-Tek Industries's (GTSM:6407) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 18Here's Why Mutual-Tek Industries (GTSM:6407) Is Weighed Down By Its Debt Load
Nov 27Revenue & Expenses BreakdownBeta
How Mutual-Tek Industries 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 | 2,008 | 29 | 140 | 77 |
| 30 Sep 23 | 1,828 | 10 | 132 | 77 |
| 30 Jun 23 | 1,649 | -9 | 124 | 77 |
| 31 Mar 23 | 1,781 | 6 | 132 | 78 |
| 31 Dec 22 | 1,913 | 22 | 139 | 78 |
| 30 Sep 22 | 1,979 | 176 | 147 | 73 |
| 30 Jun 22 | 2,045 | 331 | 156 | 67 |
| 31 Mar 22 | 1,842 | 269 | 155 | 64 |
| 31 Dec 21 | 1,640 | 207 | 153 | 61 |
| 30 Sep 21 | 1,664 | -161 | 165 | 70 |
| 30 Jun 21 | 1,688 | -530 | 177 | 79 |
| 31 Mar 21 | 2,114 | -494 | 191 | 90 |
| 31 Dec 20 | 2,540 | -458 | 206 | 102 |
| 30 Sep 20 | 3,183 | -180 | 224 | 113 |
| 30 Jun 20 | 3,825 | 98 | 243 | 124 |
| 31 Mar 20 | 4,144 | 202 | 263 | 130 |
| 31 Dec 19 | 4,463 | 306 | 282 | 137 |
| 30 Sep 19 | 4,370 | 313 | 283 | 138 |
| 30 Jun 19 | 4,276 | 319 | 284 | 139 |
| 31 Mar 19 | 4,224 | 302 | 294 | 126 |
| 31 Dec 18 | 4,171 | 285 | 303 | 113 |
| 30 Sep 18 | 4,103 | 279 | 292 | 100 |
| 30 Jun 18 | 4,035 | 273 | 282 | 86 |
| 31 Mar 18 | 3,629 | 142 | 255 | 79 |
| 31 Dec 17 | 3,224 | 10 | 229 | 72 |
| 30 Sep 17 | 3,088 | -28 | 242 | 65 |
| 30 Jun 17 | 2,952 | -65 | 254 | 57 |
| 31 Mar 17 | 3,054 | -6 | 254 | 58 |
| 31 Dec 16 | 3,156 | 52 | 255 | 59 |
| 30 Sep 16 | 2,981 | -11 | 243 | 59 |
| 30 Jun 16 | 2,806 | -75 | 230 | 59 |
| 31 Mar 16 | 2,729 | -132 | 232 | 62 |
| 31 Dec 15 | 2,651 | -189 | 234 | 66 |
| 30 Sep 15 | 2,640 | -137 | 245 | 72 |
| 30 Jun 15 | 2,629 | -86 | 257 | 79 |
| 31 Mar 15 | 2,736 | 38 | 256 | 77 |
| 31 Dec 14 | 2,844 | 161 | 254 | 76 |
| 30 Sep 14 | 2,937 | 224 | 243 | 75 |
| 30 Jun 14 | 3,030 | 286 | 231 | 73 |
| 31 Mar 14 | 2,806 | 238 | 220 | 73 |
| 31 Dec 13 | 2,583 | 189 | 209 | 73 |
| 30 Sep 13 | 2,426 | 163 | 197 | 70 |
| 30 Jun 13 | 2,269 | 137 | 184 | 66 |
Quality Earnings: 6407 has a large one-off gain of NT$7.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 6407's current net profit margins (1.4%) are higher than last year (1.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 6407's earnings have declined by 18.2% per year over the past 5 years.
Accelerating Growth: 6407's earnings growth over the past year (32.5%) exceeds its 5-year average (-18.2% per year).
Earnings vs Industry: 6407 earnings growth over the past year (32.5%) exceeded the Electronic industry -23.8%.
Return on Equity
High ROE: 6407's Return on Equity (2.2%) is considered low.