Ningbo TIP Rubber TechnologyLtd Past Earnings Performance
Past criteria checks 3/6
Ningbo TIP Rubber TechnologyLtd's earnings have been declining at an average annual rate of -28.7%, while the Auto Components industry saw earnings growing at 8.9% annually. Revenues have been growing at an average rate of 4.5% per year. Ningbo TIP Rubber TechnologyLtd's return on equity is 3.3%, and it has net margins of 8.1%.
Key information
-28.7%
Earnings growth rate
-36.5%
EPS growth rate
Auto Components Industry Growth | 3.8% |
Revenue growth rate | 4.5% |
Return on equity | 3.3% |
Net Margin | 8.1% |
Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
We Think Ningbo TIP Rubber TechnologyLtd's (SHSE:605255) Profit Is Only A Baseline For What They Can Achieve
Apr 29Ningbo TIP Rubber Technology Co.,Ltd (SHSE:605255) Shares May Have Slumped 29% But Getting In Cheap Is Still Unlikely
Apr 17Ningbo TIP Rubber Technology Co.,Ltd's (SHSE:605255) Popularity With Investors Under Threat As Stock Sinks 31%
Feb 26Revenue & Expenses Breakdown
How Ningbo TIP Rubber TechnologyLtd 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 Jun 24 | 341 | 27 | 55 | 22 |
31 Mar 24 | 354 | 32 | 56 | 23 |
31 Dec 23 | 348 | 31 | 55 | 22 |
30 Sep 23 | 354 | 26 | 59 | 21 |
30 Jun 23 | 347 | 26 | 57 | 20 |
31 Mar 23 | 337 | 24 | 59 | 20 |
31 Dec 22 | 329 | 26 | 59 | 22 |
30 Sep 22 | 312 | 25 | 52 | 25 |
30 Jun 22 | 297 | 26 | 53 | 26 |
31 Mar 22 | 298 | 30 | 49 | 26 |
31 Dec 21 | 306 | 39 | 48 | 27 |
30 Sep 21 | 323 | 63 | 44 | 29 |
30 Jun 21 | 331 | 70 | 45 | 27 |
31 Mar 21 | 327 | 71 | 45 | 25 |
31 Dec 20 | 304 | 63 | 43 | 22 |
30 Sep 20 | 289 | 62 | 40 | 16 |
30 Jun 20 | 303 | 68 | 38 | 18 |
31 Mar 20 | 322 | 72 | 40 | 17 |
31 Dec 19 | 345 | 78 | 40 | 18 |
31 Dec 18 | 437 | 102 | 39 | 16 |
31 Dec 17 | 418 | 107 | 33 | 18 |
31 Dec 16 | 367 | 87 | 37 | 15 |
Quality Earnings: 605255 has high quality earnings.
Growing Profit Margin: 605255's current net profit margins (8.1%) are higher than last year (7.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 605255's earnings have declined by 28.7% per year over the past 5 years.
Accelerating Growth: 605255's earnings growth over the past year (4.8%) exceeds its 5-year average (-28.7% per year).
Earnings vs Industry: 605255 earnings growth over the past year (4.8%) did not outperform the Auto Components industry 26.3%.
Return on Equity
High ROE: 605255's Return on Equity (3.3%) is considered low.