InnoCare Optoelectronics Past Earnings Performance
Past criteria checks 2/6
InnoCare Optoelectronics has been growing earnings at an average annual rate of 5%, while the Electronic industry saw earnings growing at 12.5% annually. Revenues have been declining at an average rate of 6.2% per year. InnoCare Optoelectronics's return on equity is 9.1%, and it has net margins of 6.4%.
Key information
5.0%
Earnings growth rate
-0.3%
EPS growth rate
| Electronic Industry Growth | 14.8% |
| Revenue growth rate | -6.2% |
| Return on equity | 9.1% |
| Net Margin | 6.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How InnoCare Optoelectronics 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 | 1,837 | 117 | 243 | 228 |
| 30 Sep 23 | 1,807 | 137 | 248 | 234 |
| 30 Jun 23 | 1,883 | 168 | 253 | 238 |
| 31 Mar 23 | 1,896 | 192 | 258 | 246 |
| 31 Dec 22 | 1,887 | 199 | 248 | 248 |
| 30 Sep 22 | 1,845 | 206 | 237 | 250 |
| 30 Jun 22 | 1,837 | 211 | 218 | 237 |
| 31 Mar 22 | 1,879 | 201 | 198 | 237 |
| 31 Dec 21 | 1,941 | 199 | 182 | 240 |
| 30 Sep 21 | 1,959 | 193 | 167 | 219 |
| 30 Jun 21 | 1,977 | 155 | 159 | 220 |
| 31 Mar 21 | 2,167 | 146 | 151 | 195 |
| 31 Dec 20 | 2,335 | 166 | 143 | 169 |
| 31 Dec 19 | 433 | 83 | 46 | 75 |
Quality Earnings: 6861 has high quality earnings.
Growing Profit Margin: 6861's current net profit margins (6.4%) are lower than last year (10.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 6861's earnings have grown by 5% per year over the past 5 years.
Accelerating Growth: 6861's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6861 had negative earnings growth (-41.3%) over the past year, making it difficult to compare to the Electronic industry average (-20.5%).
Return on Equity
High ROE: 6861's Return on Equity (9.1%) is considered low.