Mingteng International Past Earnings Performance
Past criteria checks 2/6
Mingteng International's earnings have been declining at an average annual rate of -12.2%, while the Auto Components industry saw earnings growing at 14% annually. Revenues have been growing at an average rate of 11.8% per year. Mingteng International's return on equity is 20.2%, and it has net margins of 18.5%.
Key information
-12.2%
Earnings growth rate
-12.2%
EPS growth rate
Auto Components Industry Growth | 10.5% |
Revenue growth rate | 11.8% |
Return on equity | 20.2% |
Net Margin | 18.5% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Mingteng International 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 | 8 | 2 | 1 | 1 |
30 Sep 23 | 8 | 2 | 1 | 1 |
30 Jun 23 | 8 | 2 | 1 | 0 |
31 Mar 23 | 8 | 2 | 1 | 0 |
31 Dec 22 | 8 | 2 | 1 | 0 |
30 Sep 22 | 8 | 2 | 1 | 0 |
30 Jun 22 | 8 | 2 | 1 | 0 |
31 Mar 22 | 8 | 2 | 1 | 0 |
31 Dec 21 | 8 | 3 | 1 | 0 |
31 Dec 20 | 4 | 2 | 0 | 0 |
Quality Earnings: MTEN has high quality earnings.
Growing Profit Margin: MTEN's current net profit margins (18.5%) are lower than last year (26.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MTEN's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: MTEN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MTEN had negative earnings growth (-29.4%) over the past year, making it difficult to compare to the Auto Components industry average (28.3%).
Return on Equity
High ROE: MTEN's Return on Equity (20.2%) is considered high.