InnoCare Optoelectronics Corporation

TWSE:6861 Stock Report

Market Cap: NT$2.6b

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 10.1% 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 Growth14.8%
Revenue growth rate4.6%
Return on equity8.6%
Net Margin6.1%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Getting In Cheap On InnoCare Optoelectronics Corporation (TWSE:6861) Is Unlikely

Aug 07
Getting In Cheap On InnoCare Optoelectronics Corporation (TWSE:6861) Is Unlikely

InnoCare Optoelectronics (TWSE:6861) Is Paying Out Less In Dividends Than Last Year

May 27
InnoCare Optoelectronics (TWSE:6861) Is Paying Out Less In Dividends Than Last Year

InnoCare Optoelectronics' (TWSE:6861) Anemic Earnings Might Be Worse Than You Think

Mar 12
InnoCare Optoelectronics' (TWSE:6861) Anemic Earnings Might Be Worse Than You Think

Revenue & Expenses Breakdown

How InnoCare Optoelectronics makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TWSE:6861 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,957119240266
30 Jun 241,879119239254
31 Mar 241,819107237240
31 Dec 231,837117243228
30 Sep 231,807137248234
30 Jun 231,883168253238
31 Mar 231,896192258246
31 Dec 221,887199248248
30 Sep 221,845206237250
30 Jun 221,837211218237
31 Mar 221,879201198237
31 Dec 211,941199182240
30 Sep 211,959193167219
30 Jun 211,977155159220
31 Mar 212,167146151195
31 Dec 202,335166143169
31 Dec 19433834675

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 (6.6%).


Return on Equity

High ROE: 6861's Return on Equity (8.6%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 10:03
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

InnoCare Optoelectronics Corporation is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Changrong ChenCapital Securities Corporation