Changzhou Langbo Sealing TechnologiesLtd Past Earnings Performance
Past criteria checks 4/6
Changzhou Langbo Sealing TechnologiesLtd's earnings have been declining at an average annual rate of -5.2%, while the Auto Components industry saw earnings growing at 7.9% annually. Revenues have been growing at an average rate of 4.4% per year. Changzhou Langbo Sealing TechnologiesLtd's return on equity is 4.1%, and it has net margins of 11%.
Key information
-5.2%
Earnings growth rate
-5.1%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 4.4% |
| Return on equity | 4.1% |
| Net Margin | 11.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Changzhou Langbo Sealing TechnologiesLtd 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 | 205 | 23 | 36 | 10 |
| 31 Dec 23 | 197 | 20 | 36 | 10 |
| 30 Sep 23 | 190 | 18 | 35 | 9 |
| 30 Jun 23 | 185 | 18 | 34 | 9 |
| 31 Mar 23 | 173 | 16 | 34 | 9 |
| 31 Dec 22 | 176 | 15 | 35 | 9 |
| 30 Sep 22 | 173 | 12 | 36 | 9 |
| 30 Jun 22 | 175 | 14 | 36 | 9 |
| 31 Mar 22 | 185 | 18 | 37 | 9 |
| 31 Dec 21 | 193 | 25 | 37 | 9 |
| 30 Sep 21 | 194 | 27 | 36 | 9 |
| 30 Jun 21 | 193 | 28 | 36 | 9 |
| 31 Mar 21 | 191 | 29 | 36 | 9 |
| 31 Dec 20 | 169 | 23 | 33 | 9 |
| 30 Sep 20 | 168 | 25 | 33 | 9 |
| 30 Jun 20 | 156 | 22 | 32 | 9 |
| 31 Mar 20 | 150 | 21 | 31 | 8 |
| 31 Dec 19 | 160 | 23 | 32 | 9 |
| 30 Sep 19 | 153 | 20 | 29 | 8 |
| 30 Jun 19 | 157 | 20 | 31 | 9 |
| 31 Mar 19 | 166 | 22 | 32 | 9 |
| 31 Dec 18 | 174 | 30 | 32 | 9 |
| 30 Sep 18 | 185 | 34 | 35 | 9 |
| 30 Jun 18 | 188 | 38 | 27 | 13 |
| 31 Mar 18 | 189 | 40 | 29 | 11 |
| 31 Dec 17 | 187 | 35 | 30 | 8 |
| 30 Sep 17 | 179 | 34 | 32 | 6 |
| 31 Dec 16 | 156 | 30 | 36 | 0 |
| 31 Dec 15 | 142 | 34 | 31 | 0 |
| 31 Dec 14 | 134 | 35 | 27 | 0 |
Quality Earnings: 603655 has high quality earnings.
Growing Profit Margin: 603655's current net profit margins (11%) are higher than last year (9.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603655's earnings have declined by 5.2% per year over the past 5 years.
Accelerating Growth: 603655's earnings growth over the past year (42.5%) exceeds its 5-year average (-5.2% per year).
Earnings vs Industry: 603655 earnings growth over the past year (42.5%) exceeded the Auto Components industry 26.6%.
Return on Equity
High ROE: 603655's Return on Equity (4.1%) is considered low.