Meihua International Medical Technologies Past Earnings Performance
Past criteria checks 4/6
Meihua International Medical Technologies's earnings have been declining at an average annual rate of -12.8%, while the Medical Equipment industry saw earnings growing at 11.3% annually. Revenues have been growing at an average rate of 6.6% per year. Meihua International Medical Technologies's return on equity is 7.9%, and it has net margins of 12%.
Key information
-12.8%
Earnings growth rate
-17.0%
EPS growth rate
| Medical Equipment Industry Growth | 8.9% |
| Revenue growth rate | 6.6% |
| Return on equity | 7.9% |
| Net Margin | 12.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Meihua International Medical Technologies' (NASDAQ:MHUA) Solid Earnings May Rest On Weak Foundations
May 02
We Think You Should Be Aware Of Some Concerning Factors In Meihua International Medical Technologies' (NASDAQ:MHUA) Earnings
Aug 06Recent updates
Meihua International Medical Technologies' (NASDAQ:MHUA) Solid Earnings May Rest On Weak Foundations
May 02Investors Could Be Concerned With Meihua International Medical Technologies' (NASDAQ:MHUA) Returns On Capital
Feb 15Meihua International Medical Technologies Co., Ltd.'s (NASDAQ:MHUA) Shares Bounce 28% But Its Business Still Trails The Market
Dec 21Meihua International Medical Technologies (NASDAQ:MHUA) May Have Issues Allocating Its Capital
Nov 16Investors Could Be Concerned With Meihua International Medical Technologies' (NASDAQ:MHUA) Returns On Capital
Aug 14Meihua International Medical Technologies (NASDAQ:MHUA) Will Be Hoping To Turn Its Returns On Capital Around
Feb 17We Think You Should Be Aware Of Some Concerning Factors In Meihua International Medical Technologies' (NASDAQ:MHUA) Earnings
Aug 06Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) Shares Fly 26% But Investors Aren't Buying For Growth
Aug 03Meihua GAAP EPS of $1.00, revenue of $104.4M
Aug 01Investors Give, Then Take Away, In Meihua's New York Trading Debut
Feb 18Revenue & Expenses BreakdownBeta
How Meihua International Medical Technologies 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 | 97 | 12 | 16 | 3 |
| 30 Sep 23 | 97 | 9 | 17 | 3 |
| 30 Jun 23 | 97 | 7 | 18 | 3 |
| 31 Mar 23 | 100 | 6 | 19 | 3 |
| 31 Dec 22 | 103 | 6 | 19 | 3 |
| 30 Sep 22 | 107 | 12 | 16 | 3 |
| 30 Jun 22 | 111 | 18 | 13 | 3 |
| 31 Mar 22 | 107 | 20 | 12 | 3 |
| 31 Dec 21 | 104 | 21 | 11 | 3 |
| 30 Sep 21 | 99 | 19 | 11 | 3 |
| 30 Jun 21 | 94 | 18 | 11 | 3 |
| 31 Mar 21 | 92 | 18 | 11 | 3 |
| 31 Dec 20 | 89 | 19 | 11 | 2 |
| 30 Sep 20 | 83 | 17 | 10 | 3 |
| 30 Jun 20 | 77 | 15 | 10 | 3 |
| 31 Mar 20 | 78 | 15 | 10 | 3 |
| 31 Dec 19 | 80 | 15 | 9 | 3 |
| 31 Dec 18 | 76 | 15 | 10 | 3 |
Quality Earnings: MHUA has high quality earnings.
Growing Profit Margin: MHUA's current net profit margins (12%) are higher than last year (6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MHUA's earnings have declined by 12.8% per year over the past 5 years.
Accelerating Growth: MHUA's earnings growth over the past year (86.2%) exceeds its 5-year average (-12.8% per year).
Earnings vs Industry: MHUA earnings growth over the past year (86.2%) exceeded the Medical Equipment industry 2.9%.
Return on Equity
High ROE: MHUA's Return on Equity (7.9%) is considered low.