InnoCare Optoelectronics Past Earnings Performance
Past criteria checks 1/6
InnoCare Optoelectronics's earnings have been declining at an average annual rate of -3.1%, while the Electronic industry saw earnings growing at 10.2% annually. Revenues have been growing at an average rate of 4.6% per year. InnoCare Optoelectronics's return on equity is 8.6%, and it has net margins of 6.1%.
Key information
-3.1%
Earnings growth rate
-8.7%
EPS growth rate
| Electronic Industry Growth | 14.8% |
| Revenue growth rate | 4.6% |
| Return on equity | 8.6% |
| Net Margin | 6.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Sep 24 | 1,957 | 119 | 240 | 266 |
| 30 Jun 24 | 1,879 | 119 | 239 | 254 |
| 31 Mar 24 | 1,819 | 107 | 237 | 240 |
| 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 (6.1%) are lower than last year (7.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 6861's earnings have declined by 3.1% 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 (-13.7%) over the past year, making it difficult to compare to the Electronic industry average (9%).
Return on Equity
High ROE: 6861's Return on Equity (8.6%) is considered low.