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 -16.4%, while the Medical Equipment industry saw earnings growing at 11.4% annually. Revenues have been declining at an average rate of 2.4% per year. Meihua International Medical Technologies's return on equity is 6.2%, and it has net margins of 9.8%.
Key information
-16.4%
Earnings growth rate
-21.8%
EPS growth rate
Medical Equipment Industry Growth | 8.9% |
Revenue growth rate | -2.4% |
Return on equity | 6.2% |
Net Margin | 9.8% |
Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Meihua International Medical Technologies' (NASDAQ:MHUA) Solid Earnings May Rest On Weak Foundations
May 02We 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) May Have Issues Allocating Its Capital
Oct 08Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) Shares Fly 36% But Investors Aren't Buying For Growth
Jul 11Meihua International Medical Technologies (NASDAQ:MHUA) May Have Issues Allocating Its Capital
Jun 24Meihua 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 Breakdown
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 |
---|---|---|---|---|
30 Jun 24 | 94 | 9 | 17 | 3 |
31 Mar 24 | 96 | 10 | 16 | 3 |
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 (9.8%) are higher than last year (7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MHUA's earnings have declined by 16.4% per year over the past 5 years.
Accelerating Growth: MHUA's earnings growth over the past year (37.5%) exceeds its 5-year average (-16.4% per year).
Earnings vs Industry: MHUA earnings growth over the past year (37.5%) exceeded the Medical Equipment industry 8.5%.
Return on Equity
High ROE: MHUA's Return on Equity (6.2%) is considered low.