Baird Medical Investment Holdings Past Earnings Performance
Past criteria checks 3/6
Baird Medical Investment Holdings has been growing earnings at an average annual rate of 30.9%, while the Medical Equipment industry saw earnings growing at 13.3% annually. Revenues have been declining at an average rate of 0.7% per year. Baird Medical Investment Holdings's return on equity is 32.3%, and it has net margins of 38%.
Key information
30.9%
Earnings growth rate
8.5%
EPS growth rate
| Medical Equipment Industry Growth | 8.9% |
| Revenue growth rate | -0.7% |
| Return on equity | 32.3% |
| Net Margin | 38.0% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Baird Medical Investment Holdings 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 | 33 | 13 | 11 | 4 |
| 31 Mar 24 | 32 | 12 | 11 | 4 |
| 31 Dec 23 | 31 | 11 | 11 | 4 |
| 31 Dec 22 | 35 | 13 | 11 | 4 |
| 31 Dec 21 | 30 | 12 | 8 | 2 |
| 31 Dec 20 | 18 | 7 | 5 | 1 |
| 31 Dec 19 | 12 | -7 | 4 | 1 |
Quality Earnings: BDMD has a high level of non-cash earnings.
Growing Profit Margin: BDMD's current net profit margins (38%) are higher than last year (34.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BDMD's earnings have grown significantly by 30.9% per year over the past 5 years.
Accelerating Growth: BDMD's earnings growth over the past year (8.5%) is below its 5-year average (30.9% per year).
Earnings vs Industry: BDMD earnings growth over the past year (8.5%) did not outperform the Medical Equipment industry 12.2%.
Return on Equity
High ROE: BDMD's Return on Equity (32.3%) is considered high.