Acon Optics Communications Past Earnings Performance
Past criteria checks 2/6
Acon Optics Communications has been growing earnings at an average annual rate of 17.9%, while the Electronic industry saw earnings growing at 12.1% annually. Revenues have been declining at an average rate of 5.8% per year. Acon Optics Communications's return on equity is 4.6%, and it has net margins of 2.3%.
Key information
17.9%
Earnings growth rate
15.7%
EPS growth rate
| Electronic Industry Growth | 14.8% |
| Revenue growth rate | -5.8% |
| Return on equity | 4.6% |
| Net Margin | 2.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Acon Optics Communications 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 | 601 | 14 | 99 | 53 |
| 30 Sep 23 | 640 | 27 | 100 | 54 |
| 30 Jun 23 | 679 | 40 | 101 | 55 |
| 31 Mar 23 | 719 | 46 | 101 | 54 |
| 31 Dec 22 | 758 | 52 | 102 | 53 |
| 30 Sep 22 | 770 | 41 | 100 | 50 |
| 30 Jun 22 | 782 | 31 | 99 | 47 |
| 31 Mar 22 | 768 | 24 | 99 | 46 |
| 31 Dec 21 | 755 | 17 | 99 | 45 |
| 30 Sep 21 | 727 | 19 | 96 | 45 |
| 30 Jun 21 | 699 | 21 | 92 | 45 |
| 31 Mar 21 | 707 | 22 | 90 | 43 |
| 31 Dec 20 | 715 | 23 | 87 | 42 |
| 30 Sep 20 | 765 | 21 | 89 | 43 |
| 30 Jun 20 | 815 | 18 | 91 | 45 |
| 31 Mar 20 | 829 | 15 | 90 | 46 |
| 31 Dec 19 | 844 | 13 | 90 | 48 |
| 31 Dec 18 | 932 | 19 | 113 | 32 |
| 31 Dec 17 | 938 | 52 | 105 | 27 |
Quality Earnings: 6820 has high quality earnings.
Growing Profit Margin: 6820's current net profit margins (2.3%) are lower than last year (6.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 6820's earnings have grown by 17.9% per year over the past 5 years.
Accelerating Growth: 6820's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6820 had negative earnings growth (-72.9%) over the past year, making it difficult to compare to the Electronic industry average (-20.1%).
Return on Equity
High ROE: 6820's Return on Equity (4.6%) is considered low.