GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hefei Meyer Optoelectronic Technology Inc (SZSE:002690) » Definitions » Revenue

Hefei Meyer Optoelectronic Technology (SZSE:002690) Revenue : ¥2,346 Mil (TTM As of Sep. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Hefei Meyer Optoelectronic Technology Revenue?

Hefei Meyer Optoelectronic Technology's revenue for the three months ended in Sep. 2024 was ¥648 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2024 was ¥2,346 Mil. Hefei Meyer Optoelectronic Technology's Revenue per Share for the three months ended in Sep. 2024 was ¥0.74. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ¥2.66.

Warning Sign:

Hefei Meyer Optoelectronic Technology Inc revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Hefei Meyer Optoelectronic Technology was 3.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 17.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 13.90% per year. During the past 10 years, the average Revenue per Share Growth Rate was 15.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Hefei Meyer Optoelectronic Technology's highest 3-Year average Revenue per Share Growth Rate was 18.60% per year. The lowest was -5.40% per year. And the median was 12.80% per year.


Hefei Meyer Optoelectronic Technology Revenue Historical Data

The historical data trend for Hefei Meyer Optoelectronic Technology's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hefei Meyer Optoelectronic Technology Revenue Chart

Hefei Meyer Optoelectronic Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,500.78 1,495.97 1,812.88 2,117.26 2,425.39

Hefei Meyer Optoelectronic Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 689.85 768.24 331.40 598.85 647.72

Competitive Comparison of Hefei Meyer Optoelectronic Technology's Revenue

For the Specialty Industrial Machinery subindustry, Hefei Meyer Optoelectronic Technology's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hefei Meyer Optoelectronic Technology's Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hefei Meyer Optoelectronic Technology's Revenue distribution charts can be found below:

* The bar in red indicates where Hefei Meyer Optoelectronic Technology's Revenue falls into.



Hefei Meyer Optoelectronic Technology Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥2,346 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hefei Meyer Optoelectronic Technology  (SZSE:002690) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Hefei Meyer Optoelectronic Technology Revenue Related Terms

Thank you for viewing the detailed overview of Hefei Meyer Optoelectronic Technology's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Hefei Meyer Optoelectronic Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 668 Wangjiang Road, Hefei Hi-tech Industrial Development Zone, Anhui Province, Hefei, CHN, 230088
Hefei Meyer Optoelectronic Technology Inc develops, manufactures and sells photoelectric detection and classification equipment. Its products include Color Sorter, X-ray inspection and others.
Executives
Hao Xian Jin Director
Tian Ming Director
Jiang Dong Executives
Zhang Jian Jun Executives
Ni Ying Jiu Executives
Xu Peng Directors, executives
Lin Mao Xian Directors, executives
Xiang Cheng Executives
Zhao Hui Fang Independent director
Han Li Ming Supervisors
Yu Neng Hong Director

Hefei Meyer Optoelectronic Technology Headlines

No Headlines