Zhejiang Liming Intelligent ManufacturingLtd Past Earnings Performance
Past criteria checks 3/6
Zhejiang Liming Intelligent ManufacturingLtd's earnings have been declining at an average annual rate of -50.5%, while the Auto Components industry saw earnings growing at 7.9% annually. Revenues have been growing at an average rate of 25.1% per year. Zhejiang Liming Intelligent ManufacturingLtd's return on equity is 4.2%, and it has net margins of 8.9%.
Key information
-50.5%
Earnings growth rate
-63.2%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 25.1% |
| Return on equity | 4.2% |
| Net Margin | 8.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Zhejiang Liming Intelligent ManufacturingLtd 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 Mar 24 | 641 | 57 | 102 | 37 |
| 31 Dec 23 | 613 | 46 | 94 | 36 |
| 30 Jun 23 | 555 | 18 | 87 | 31 |
| 31 Mar 23 | 512 | 14 | 80 | 31 |
| 31 Dec 22 | 518 | 21 | 81 | 33 |
| 30 Sep 22 | 516 | 31 | 87 | 34 |
| 30 Jun 22 | 508 | 47 | 75 | 36 |
| 31 Mar 22 | 573 | 76 | 75 | 36 |
| 31 Dec 21 | 596 | 99 | 72 | 35 |
| 30 Sep 21 | 628 | 121 | 57 | 33 |
| 31 Dec 20 | 552 | 120 | 55 | 26 |
Quality Earnings: 603048 has a large one-off loss of CN¥22.3M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 603048's current net profit margins (8.9%) are higher than last year (2.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603048's earnings have declined by 50.5% per year over the past 5 years.
Accelerating Growth: 603048's earnings growth over the past year (295.7%) exceeds its 5-year average (-50.5% per year).
Earnings vs Industry: 603048 earnings growth over the past year (295.7%) exceeded the Auto Components industry 26.6%.
Return on Equity
High ROE: 603048's Return on Equity (4.2%) is considered low.