V Technology Past Earnings Performance

Past criteria checks 2/6

V Technology's earnings have been declining at an average annual rate of -47.8%, while the Electronic industry saw earnings growing at 14.8% annually. Revenues have been declining at an average rate of 12.1% per year. V Technology's return on equity is 0.9%, and it has net margins of 1.3%.

Key information

-47.8%

Earnings growth rate

-47.7%

EPS growth rate

Electronic Industry Growth	15.3%
Revenue growth rate	-12.1%
Return on equity	0.9%
Net Margin	1.3%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How V Technology makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:VCHY.F Revenue, expenses and earnings (JPY Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Jun 24	41,109	528	9,969	0
31 Mar 24	37,335	778	7,383	2,415
31 Dec 23	32,357	-1,773	7,574	2,289
30 Sep 23	36,191	-1,717	7,767	2,289
30 Jun 23	41,100	-865	7,961	2,289
31 Mar 23	43,146	260	7,580	2,289
31 Dec 22	44,493	1,924	6,727	2,243
30 Sep 22	43,580	3,635	6,583	2,243
30 Jun 22	46,119	3,772	6,608	2,243
31 Mar 22	51,418	4,198	6,852	2,243
31 Dec 21	50,505	3,941	7,344	2,253
30 Sep 21	54,093	3,929	7,161	2,253
30 Jun 21	57,983	4,014	7,180	2,253
31 Mar 21	55,186	3,513	6,787	2,253
31 Dec 20	45,105	-171	6,115	2,342
30 Sep 20	47,496	868	6,203	2,342
30 Jun 20	45,709	1,638	5,949	2,342
31 Mar 20	54,322	3,277	6,749	2,342
31 Dec 19	67,119	7,673	7,869	1,450
30 Sep 19	69,074	9,023	7,476	1,450
30 Jun 19	75,541	11,203	7,364	1,450
31 Mar 19	72,132	10,901	6,695	1,450
31 Dec 18	80,563	12,717	6,582	1,428
30 Sep 18	80,927	11,548	6,952	1,428
30 Jun 18	73,513	9,374	6,866	1,428
31 Mar 18	66,067	7,837	6,527	1,428
31 Dec 17	59,378	5,065	6,778	1,267
30 Sep 17	49,816	3,779	6,221	1,267
30 Jun 17	43,330	2,714	5,928	1,267
31 Mar 17	45,376	2,813	6,009	1,267
31 Dec 16	41,275	2,366	5,920	763
30 Sep 16	45,361	1,754	5,833	763
30 Jun 16	44,133	1,350	5,665	763
31 Mar 16	39,153	989	4,782	763
31 Dec 15	35,131	1,509	4,688	507
30 Sep 15	24,913	1,176	3,768	507
30 Jun 15	18,760	1,054	2,807	507
31 Mar 15	16,456	533	2,553	507
31 Dec 14	11,281	-304	2,192	502
30 Sep 14	11,065	-265	2,033	502
30 Jun 14	14,575	-139	2,146	502
31 Mar 14	13,263	236	1,948	502
31 Dec 13	9,801	98	1,776	515
30 Sep 13	8,258	-159	1,633	515

Quality Earnings: VCHY.F has high quality earnings.

Growing Profit Margin: VCHY.F became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: VCHY.F's earnings have declined by 47.8% per year over the past 5 years.

Accelerating Growth: VCHY.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: VCHY.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (-9.3%).

Return on Equity

High ROE: VCHY.F's Return on Equity (0.9%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/08/21 01:40
End of Day Share Price	2024/05/24 00:00
Earnings	2024/06/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

V Technology Co., Ltd. is covered by 9 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Hirokazu Mitsuda	Daiwa Securities Co. Ltd.
Masahiro Nakanomyo	Jefferies LLC
Hisashi Moriyama	J.P. Morgan