Chengdu Haoneng Technology Past Earnings Performance
Past criteria checks 2/6
Chengdu Haoneng Technology has been growing earnings at an average annual rate of 7.9%, while the Auto Components industry saw earnings growing at 7.9% annually. Revenues have been growing at an average rate of 15.9% per year. Chengdu Haoneng Technology's return on equity is 9.3%, and it has net margins of 10.3%.
Key information
7.9%
Earnings growth rate
7.4%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 15.9% |
| Return on equity | 9.3% |
| Net Margin | 10.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Chengdu Haoneng Technology 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 | 2,113 | 218 | 143 | 111 |
| 31 Dec 23 | 1,946 | 182 | 134 | 99 |
| 30 Sep 23 | 1,733 | 195 | 138 | 93 |
| 30 Jun 23 | 1,584 | 183 | 131 | 95 |
| 31 Mar 23 | 1,441 | 173 | 118 | 101 |
| 31 Dec 22 | 1,472 | 211 | 116 | 101 |
| 30 Sep 22 | 1,452 | 190 | 120 | 98 |
| 30 Jun 22 | 1,426 | 188 | 131 | 92 |
| 31 Mar 22 | 1,487 | 215 | 135 | 82 |
| 31 Dec 21 | 1,444 | 200 | 142 | 80 |
| 30 Sep 21 | 1,442 | 214 | 138 | 83 |
| 30 Jun 21 | 1,415 | 225 | 125 | 75 |
| 31 Mar 21 | 1,321 | 203 | 121 | 68 |
| 31 Dec 20 | 1,171 | 177 | 103 | 56 |
| 30 Sep 20 | 1,075 | 174 | 97 | 47 |
| 30 Jun 20 | 967 | 141 | 90 | 47 |
| 31 Mar 20 | 895 | 123 | 84 | 46 |
| 31 Dec 19 | 928 | 122 | 85 | 45 |
| 30 Sep 19 | 897 | 128 | 72 | 41 |
| 30 Jun 19 | 920 | 141 | 78 | 39 |
| 31 Mar 19 | 930 | 153 | 74 | 36 |
| 31 Dec 18 | 930 | 161 | 74 | 35 |
| 30 Sep 18 | 939 | 156 | 90 | 33 |
| 30 Jun 18 | 915 | 154 | 69 | 44 |
| 31 Mar 18 | 918 | 161 | 78 | 36 |
| 31 Dec 17 | 842 | 150 | 83 | 29 |
| 30 Sep 17 | 761 | 145 | 77 | 20 |
| 31 Dec 16 | 644 | 126 | 94 | 0 |
| 31 Dec 15 | 601 | 107 | 84 | 0 |
| 31 Dec 14 | 613 | 136 | 72 | 0 |
| 31 Dec 13 | 484 | 106 | 65 | 0 |
Quality Earnings: 603809 has a large one-off loss of CN¥78.5M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 603809's current net profit margins (10.3%) are lower than last year (12%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603809's earnings have grown by 7.9% per year over the past 5 years.
Accelerating Growth: 603809's earnings growth over the past year (26.4%) exceeds its 5-year average (7.9% per year).
Earnings vs Industry: 603809 earnings growth over the past year (26.4%) did not outperform the Auto Components industry 27.2%.
Return on Equity
High ROE: 603809's Return on Equity (9.3%) is considered low.