CMC Magnetics Past Earnings Performance
Past criteria checks 1/6
CMC Magnetics has been growing earnings at an average annual rate of 11.7%, while the Tech industry saw earnings growing at 11.7% annually. Revenues have been declining at an average rate of 1.8% per year. CMC Magnetics's return on equity is 4.1%, and it has net margins of 10.9%.
Key information
11.7%
Earnings growth rate
11.5%
EPS growth rate
| Tech Industry Growth | 14.0% |
| Revenue growth rate | -1.8% |
| Return on equity | 4.1% |
| Net Margin | 10.9% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Health Check: How Prudently Does CMC Magnetics (TWSE:2323) Use Debt?
Apr 29
CMC Magnetics' (TWSE:2323) Shareholders May Want To Dig Deeper Than Statutory Profit
Mar 24Getting In Cheap On CMC Magnetics Corporation (TWSE:2323) Is Unlikely
Mar 19Read This Before Buying CMC Magnetics Corporation (TPE:2323) For Its Dividend
Apr 06Is CMC Magnetics (TPE:2323) Using Debt Sensibly?
Mar 02If You Had Bought CMC Magnetics (TPE:2323) Stock Five Years Ago, You Could Pocket A 73% Gain Today
Jan 26
Here's How We Evaluate CMC Magnetics Corporation's (TPE:2323) Dividend
Dec 22How Much Is CMC Magnetics Corporation (TPE:2323) CEO Getting Paid?
Nov 26Revenue & Expenses Breakdown
How CMC Magnetics 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 |
|---|---|---|---|---|
| 30 Jun 24 | 7,484 | 814 | 1,651 | 320 |
| 31 Mar 24 | 7,492 | 801 | 1,660 | 311 |
| 31 Dec 23 | 7,384 | 1,750 | 1,678 | 288 |
| 30 Sep 23 | 7,343 | 900 | 1,660 | 286 |
| 30 Jun 23 | 7,278 | 1,682 | 1,709 | 306 |
| 31 Mar 23 | 7,379 | -260 | 1,693 | 327 |
| 31 Dec 22 | 7,692 | -1,078 | 1,684 | 335 |
| 30 Sep 22 | 8,145 | -815 | 1,680 | 340 |
| 30 Jun 22 | 8,477 | -52 | 1,736 | 352 |
| 31 Mar 22 | 8,559 | 215 | 1,765 | 305 |
| 31 Dec 21 | 8,713 | 161 | 1,803 | 323 |
| 30 Sep 21 | 8,827 | 641 | 1,801 | 304 |
| 30 Jun 21 | 8,962 | -188 | 1,801 | 291 |
| 31 Mar 21 | 8,930 | 1,222 | 1,798 | 301 |
| 31 Dec 20 | 9,401 | 111 | 1,830 | 296 |
| 30 Sep 20 | 8,580 | -446 | 1,613 | 336 |
| 30 Jun 20 | 7,939 | -365 | 1,329 | 372 |
| 31 Mar 20 | 7,910 | -1,242 | 1,097 | 383 |
| 31 Dec 19 | 7,045 | 273 | 813 | 400 |
| 30 Sep 19 | 7,508 | 1,337 | 780 | 369 |
| 30 Jun 19 | 8,113 | 1,530 | 832 | 308 |
| 31 Mar 19 | 8,409 | 1,113 | 867 | 264 |
| 31 Dec 18 | 8,569 | 450 | 957 | 216 |
| 30 Sep 18 | 8,866 | -992 | 1,037 | 200 |
| 30 Jun 18 | 8,849 | -1,214 | 1,069 | 212 |
| 31 Mar 18 | 8,898 | -1,059 | 1,112 | 230 |
| 31 Dec 17 | 9,156 | -1,128 | 1,132 | 250 |
| 30 Sep 17 | 9,134 | -2,129 | 1,404 | 265 |
| 30 Jun 17 | 9,623 | -2,258 | 1,546 | 271 |
| 31 Mar 17 | 10,386 | -2,503 | 1,630 | 278 |
| 31 Dec 16 | 10,962 | -2,371 | 1,683 | 299 |
| 30 Sep 16 | 11,300 | -2,436 | 1,503 | 312 |
| 30 Jun 16 | 11,649 | -2,554 | 1,455 | 316 |
| 31 Mar 16 | 12,097 | -2,632 | 1,498 | 325 |
| 31 Dec 15 | 12,788 | -2,697 | 1,555 | 319 |
| 30 Sep 15 | 14,304 | -1,701 | 1,611 | 322 |
| 30 Jun 15 | 15,176 | -1,561 | 1,649 | 330 |
| 31 Mar 15 | 15,688 | -1,662 | 1,642 | 334 |
| 31 Dec 14 | 16,137 | -1,726 | 1,630 | 333 |
| 30 Sep 14 | 15,945 | -3,170 | 1,647 | 330 |
| 30 Jun 14 | 15,447 | -3,408 | 1,619 | 330 |
| 31 Mar 14 | 15,462 | -3,528 | 1,690 | 329 |
| 31 Dec 13 | 15,706 | -3,535 | 1,777 | 327 |
Quality Earnings: 2323 has a large one-off gain of NT$1.7B impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: 2323's current net profit margins (10.9%) are lower than last year (23.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2323 has become profitable over the past 5 years, growing earnings by 11.7% per year.
Accelerating Growth: 2323's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2323 had negative earnings growth (-51.6%) over the past year, making it difficult to compare to the Tech industry average (11.9%).
Return on Equity
High ROE: 2323's Return on Equity (4.1%) is considered low.