NINGBO HENGSHUAI Past Earnings Performance
Past criteria checks 5/6
NINGBO HENGSHUAI has been growing earnings at an average annual rate of 28.6%, while the Auto Components industry saw earnings growing at 6.4% annually. Revenues have been growing at an average rate of 25.1% per year. NINGBO HENGSHUAI's return on equity is 19.5%, and it has net margins of 23%.
Key information
28.6%
Earnings growth rate
21.3%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 25.1% |
| Return on equity | 19.5% |
| Net Margin | 23.0% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How NINGBO HENGSHUAI 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 | 982 | 226 | 82 | 31 |
| 31 Dec 23 | 923 | 202 | 80 | 30 |
| 30 Sep 23 | 877 | 188 | 76 | 29 |
| 30 Jun 23 | 815 | 170 | 67 | 28 |
| 31 Mar 23 | 758 | 155 | 61 | 28 |
| 31 Dec 22 | 739 | 146 | 61 | 28 |
| 30 Sep 22 | 685 | 133 | 59 | 26 |
| 30 Jun 22 | 624 | 121 | 53 | 23 |
| 31 Mar 22 | 613 | 118 | 54 | 21 |
| 01 Jan 22 | 584 | 116 | 54 | 20 |
| 30 Sep 21 | 551 | 115 | 53 | 17 |
| 30 Jun 21 | 495 | 101 | 50 | 15 |
| 31 Mar 21 | 414 | 81 | 47 | 14 |
| 31 Dec 20 | 341 | 66 | 41 | 12 |
| 31 Dec 19 | 331 | 65 | 39 | 13 |
| 31 Dec 18 | 322 | 52 | 54 | 13 |
| 31 Dec 17 | 301 | 58 | 34 | 10 |
Quality Earnings: 300969 has high quality earnings.
Growing Profit Margin: 300969's current net profit margins (23%) are higher than last year (20.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300969's earnings have grown significantly by 28.6% per year over the past 5 years.
Accelerating Growth: 300969's earnings growth over the past year (46.2%) exceeds its 5-year average (28.6% per year).
Earnings vs Industry: 300969 earnings growth over the past year (46.2%) exceeded the Auto Components industry 19.2%.
Return on Equity
High ROE: 300969's Return on Equity (19.5%) is considered low.