Shandong Weigao Group Medical Polymer Past Earnings Performance
Past criteria checks 2/6
Shandong Weigao Group Medical Polymer has been growing earnings at an average annual rate of 8.5%, while the Medical Equipment industry saw earnings growing at 13.4% annually. Revenues have been growing at an average rate of 8.6% per year. Shandong Weigao Group Medical Polymer's return on equity is 8.6%, and it has net margins of 15.1%.
Key information
8.5%
Earnings growth rate
8.3%
EPS growth rate
| Medical Equipment Industry Growth | 8.9% |
| Revenue growth rate | 8.6% |
| Return on equity | 8.6% |
| Net Margin | 15.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Shandong Weigao Group Medical Polymer 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 | 13,229 | 2,002 | 3,836 | 593 |
| 30 Sep 23 | 13,398 | 2,221 | 3,792 | 597 |
| 30 Jun 23 | 13,438 | 2,399 | 3,631 | 592 |
| 31 Mar 23 | 13,529 | 2,561 | 3,604 | 569 |
| 31 Dec 22 | 13,747 | 2,764 | 3,693 | 556 |
| 30 Sep 22 | 13,903 | 2,676 | 3,724 | 551 |
| 30 Jun 22 | 14,058 | 2,589 | 3,755 | 546 |
| 31 Mar 22 | 13,633 | 2,432 | 3,793 | 525 |
| 31 Dec 21 | 13,209 | 2,276 | 3,830 | 503 |
| 30 Sep 21 | 12,923 | 2,288 | 3,865 | 493 |
| 30 Jun 21 | 12,636 | 2,300 | 3,900 | 484 |
| 31 Mar 21 | 12,129 | 2,194 | 3,775 | 454 |
| 31 Dec 20 | 11,622 | 2,087 | 3,651 | 424 |
| 30 Sep 20 | 11,139 | 1,998 | 3,636 | 403 |
| 30 Jun 20 | 10,656 | 1,909 | 3,622 | 382 |
| 31 Mar 20 | 10,520 | 1,879 | 3,699 | 394 |
| 31 Dec 19 | 10,384 | 1,850 | 3,776 | 406 |
| 30 Sep 19 | 9,993 | 1,805 | 3,696 | 374 |
| 30 Jun 19 | 9,602 | 1,760 | 3,615 | 341 |
| 31 Mar 19 | 9,205 | 1,616 | 3,500 | 326 |
| 31 Dec 18 | 8,809 | 1,473 | 3,385 | 311 |
| 30 Jun 18 | 7,465 | 1,255 | 2,842 | 280 |
| 31 Mar 18 | 6,879 | 1,255 | 2,593 | 277 |
| 31 Dec 17 | 6,293 | 1,255 | 2,344 | 274 |
| 30 Jun 17 | 5,402 | 1,297 | 1,918 | 258 |
| 31 Mar 17 | 5,511 | 1,165 | 2,062 | 262 |
| 31 Dec 16 | 5,620 | 1,033 | 2,206 | 266 |
| 30 Sep 16 | 6,484 | 1,010 | 2,469 | 302 |
| 30 Jun 16 | 6,237 | 914 | 2,367 | 302 |
| 31 Mar 16 | 6,078 | 1,013 | 2,153 | 297 |
| 31 Dec 15 | 5,919 | 1,113 | 1,938 | 293 |
| 30 Sep 15 | 5,878 | 1,237 | 1,920 | 290 |
| 30 Jun 15 | 5,610 | 1,196 | 1,839 | 262 |
| 31 Mar 15 | 5,548 | 1,161 | 1,828 | 252 |
| 31 Dec 14 | 5,278 | 1,085 | 1,742 | 238 |
| 30 Sep 14 | 5,011 | 307 | 1,646 | 222 |
| 30 Jun 14 | 4,996 | 431 | 1,583 | 222 |
| 31 Mar 14 | 4,769 | 376 | 1,521 | 215 |
| 31 Dec 13 | 4,613 | 388 | 1,453 | 209 |
| 30 Sep 13 | 4,230 | 1,007 | 1,212 | 319 |
| 30 Jun 13 | 3,972 | 931 | 1,176 | 268 |
Quality Earnings: SHWG.Y has high quality earnings.
Growing Profit Margin: SHWG.Y's current net profit margins (15.1%) are lower than last year (20.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SHWG.Y's earnings have grown by 8.5% per year over the past 5 years.
Accelerating Growth: SHWG.Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SHWG.Y had negative earnings growth (-27.6%) over the past year, making it difficult to compare to the Medical Equipment industry average (6.3%).
Return on Equity
High ROE: SHWG.Y's Return on Equity (8.6%) is considered low.