Ningbo Huaxiang Electronic Past Earnings Performance
Past criteria checks 2/6
Ningbo Huaxiang Electronic has been growing earnings at an average annual rate of 1.8%, while the Auto Components industry saw earnings growing at 9% annually. Revenues have been growing at an average rate of 9% per year. Ningbo Huaxiang Electronic's return on equity is 10%, and it has net margins of 3.6%.
Key information
1.8%
Earnings growth rate
-5.6%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 9.0% |
| Return on equity | 10.0% |
| Net Margin | 3.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Ningbo Huaxiang Electronic (SZSE:002048) Has A Pretty Healthy Balance Sheet
Oct 30
Ningbo Huaxiang Electronic Co., Ltd. (SZSE:002048) Screens Well But There Might Be A Catch
Sep 25Slowing Rates Of Return At Ningbo Huaxiang Electronic (SZSE:002048) Leave Little Room For Excitement
Aug 08There Is A Reason Ningbo Huaxiang Electronic Co., Ltd.'s (SZSE:002048) Price Is Undemanding
Jun 25Ningbo Huaxiang Electronic's (SZSE:002048) Returns Have Hit A Wall
Apr 17Revenue & Expenses Breakdown
How Ningbo Huaxiang Electronic 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 | 24,968 | 905 | 1,457 | 850 |
| 30 Jun 24 | 24,626 | 1,048 | 1,498 | 855 |
| 31 Mar 24 | 24,284 | 1,052 | 1,494 | 852 |
| 31 Dec 23 | 23,236 | 1,028 | 1,438 | 822 |
| 30 Sep 23 | 22,068 | 1,032 | 1,360 | 768 |
| 30 Jun 23 | 21,731 | 1,145 | 1,295 | 765 |
| 31 Mar 23 | 20,157 | 988 | 1,252 | 730 |
| 01 Jan 23 | 19,716 | 985 | 1,209 | 711 |
| 30 Sep 22 | 18,746 | 1,115 | 1,249 | 708 |
| 30 Jun 22 | 17,284 | 970 | 1,134 | 689 |
| 31 Mar 22 | 17,449 | 1,224 | 1,027 | 665 |
| 01 Jan 22 | 17,588 | 1,266 | 1,113 | 640 |
| 30 Sep 21 | 18,386 | 1,184 | 1,064 | 580 |
| 30 Jun 21 | 18,503 | 1,174 | 1,204 | 543 |
| 31 Mar 21 | 18,487 | 1,008 | 1,411 | 531 |
| 31 Dec 20 | 16,892 | 849 | 1,325 | 526 |
| 30 Sep 20 | 16,784 | 920 | 1,442 | 600 |
| 30 Jun 20 | 16,478 | 888 | 1,424 | 572 |
| 31 Mar 20 | 16,155 | 942 | 1,358 | 572 |
| 31 Dec 19 | 17,093 | 981 | 1,430 | 567 |
| 30 Sep 19 | 15,926 | 898 | 1,406 | 541 |
| 30 Jun 19 | 15,492 | 851 | 1,360 | 538 |
| 31 Mar 19 | 15,387 | 748 | 1,326 | 541 |
| 31 Dec 18 | 14,927 | 732 | 1,299 | 516 |
| 30 Sep 18 | 14,768 | 667 | 1,258 | 413 |
| 30 Jun 18 | 14,629 | 692 | 1,033 | 593 |
| 31 Mar 18 | 14,371 | 701 | 1,137 | 463 |
| 31 Dec 17 | 14,807 | 787 | 1,243 | 373 |
| 30 Sep 17 | 14,785 | 879 | 1,345 | 286 |
| 30 Jun 17 | 13,979 | 795 | 1,564 | 0 |
| 31 Mar 17 | 13,377 | 796 | 1,460 | 0 |
| 31 Dec 16 | 12,506 | 714 | 1,397 | 0 |
| 30 Sep 16 | 11,425 | 421 | 1,261 | 0 |
| 30 Jun 16 | 10,754 | 299 | 1,238 | 0 |
| 31 Mar 16 | 10,196 | 192 | 1,221 | 0 |
| 31 Dec 15 | 9,810 | 160 | 1,205 | 0 |
| 30 Sep 15 | 9,497 | 275 | 1,215 | 0 |
| 30 Jun 15 | 9,290 | 389 | 1,116 | 0 |
| 31 Mar 15 | 9,071 | 490 | 1,096 | 0 |
| 31 Dec 14 | 8,713 | 524 | 994 | 0 |
| 30 Sep 14 | 8,109 | 548 | 903 | 0 |
| 30 Jun 14 | 8,181 | 483 | 932 | 0 |
| 31 Mar 14 | 7,849 | 376 | 902 | 0 |
| 31 Dec 13 | 7,292 | 343 | 873 | 0 |
Quality Earnings: 002048 has high quality earnings.
Growing Profit Margin: 002048's current net profit margins (3.6%) are lower than last year (4.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002048's earnings have grown by 1.8% per year over the past 5 years.
Accelerating Growth: 002048's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002048 had negative earnings growth (-12.3%) over the past year, making it difficult to compare to the Auto Components industry average (11%).
Return on Equity
High ROE: 002048's Return on Equity (10%) is considered low.