Zhejiang Tiancheng Controls Past Earnings Performance
Past criteria checks 3/6
Zhejiang Tiancheng Controls has been growing earnings at an average annual rate of 31.7%, while the Auto Components industry saw earnings growing at 9.2% annually. Revenues have been growing at an average rate of 2% per year. Zhejiang Tiancheng Controls's return on equity is 2.6%, and it has net margins of 1.2%.
Key information
31.7%
Earnings growth rate
39.1%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 2.0% |
| Return on equity | 2.6% |
| Net Margin | 1.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Statutory Profit Doesn't Reflect How Good Zhejiang Tiancheng Controls' (SHSE:603085) Earnings Are
Nov 04
Shareholders Will Be Pleased With The Quality of Zhejiang Tiancheng Controls' (SHSE:603085) Earnings
May 03Recent updates
Statutory Profit Doesn't Reflect How Good Zhejiang Tiancheng Controls' (SHSE:603085) Earnings Are
Nov 04What Zhejiang Tiancheng Controls Co., Ltd.'s (SHSE:603085) P/S Is Not Telling You
Oct 25Zhejiang Tiancheng Controls (SHSE:603085) Will Be Hoping To Turn Its Returns On Capital Around
Aug 01Shareholders Will Be Pleased With The Quality of Zhejiang Tiancheng Controls' (SHSE:603085) Earnings
May 03Subdued Growth No Barrier To Zhejiang Tiancheng Controls Co., Ltd. (SHSE:603085) With Shares Advancing 37%
Mar 06Revenue & Expenses Breakdown
How Zhejiang Tiancheng Controls 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 Sep 24 | 1,898 | 23 | 239 | 87 |
| 30 Jun 24 | 1,678 | 18 | 210 | 92 |
| 31 Mar 24 | 1,516 | 22 | 195 | 83 |
| 31 Dec 23 | 1,427 | 14 | 198 | 83 |
| 30 Sep 23 | 1,295 | -285 | 212 | 124 |
| 30 Jun 23 | 1,303 | -284 | 204 | 106 |
| 31 Mar 23 | 1,272 | -285 | 200 | 98 |
| 31 Dec 22 | 1,425 | -273 | 200 | 95 |
| 30 Sep 22 | 1,582 | 6 | 150 | 60 |
| 30 Jun 22 | 1,628 | 10 | 161 | 61 |
| 31 Mar 22 | 1,762 | 21 | 151 | 62 |
| 31 Dec 21 | 1,704 | 28 | 156 | 58 |
| 30 Sep 21 | 1,680 | 59 | 162 | 66 |
| 30 Jun 21 | 1,605 | 59 | 169 | 59 |
| 31 Mar 21 | 1,537 | 68 | 182 | 51 |
| 31 Dec 20 | 1,428 | 51 | 170 | 51 |
| 30 Sep 20 | 1,362 | -518 | 243 | 64 |
| 30 Jun 20 | 1,349 | -534 | 249 | 67 |
| 31 Mar 20 | 1,349 | -555 | 260 | 72 |
| 31 Dec 19 | 1,456 | -535 | 272 | 72 |
| 30 Sep 19 | 1,419 | 21 | 236 | 52 |
| 30 Jun 19 | 1,308 | 38 | 223 | 51 |
| 31 Mar 19 | 1,149 | 48 | 197 | 47 |
| 31 Dec 18 | 958 | 37 | 169 | 48 |
| 30 Sep 18 | 897 | 62 | 134 | 45 |
| 30 Jun 18 | 905 | 72 | 88 | 65 |
| 31 Mar 18 | 861 | 74 | 89 | 53 |
| 31 Dec 17 | 783 | 70 | 90 | 43 |
| 30 Sep 17 | 608 | 59 | 81 | 32 |
| 30 Jun 17 | 479 | 47 | 100 | 0 |
| 31 Mar 17 | 395 | 37 | 88 | 0 |
| 31 Dec 16 | 361 | 35 | 80 | 0 |
| 30 Sep 16 | 336 | 34 | 71 | 0 |
| 30 Jun 16 | 305 | 33 | 66 | 0 |
| 31 Mar 16 | 298 | 33 | 62 | 0 |
| 31 Dec 15 | 293 | 33 | 57 | 0 |
| 30 Sep 15 | 294 | 34 | 56 | 0 |
| 30 Jun 15 | 304 | 34 | 55 | 0 |
| 31 Mar 15 | 313 | 34 | 66 | 0 |
| 31 Dec 14 | 310 | 32 | 54 | 0 |
| 31 Dec 13 | 275 | 24 | 53 | 0 |
Quality Earnings: 603085 has high quality earnings.
Growing Profit Margin: 603085 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603085 has become profitable over the past 5 years, growing earnings by 31.7% per year.
Accelerating Growth: 603085 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 603085 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Auto Components industry (10.5%).
Return on Equity
High ROE: 603085's Return on Equity (2.6%) is considered low.