Qingdao Hi-Tech Moulds & Plastics Technology Past Earnings Performance
Past criteria checks 1/6
Qingdao Hi-Tech Moulds & Plastics Technology's earnings have been declining at an average annual rate of -26.2%, while the Auto Components industry saw earnings growing at 9% annually. Revenues have been growing at an average rate of 7.7% per year. Qingdao Hi-Tech Moulds & Plastics Technology's return on equity is 2.2%, and it has net margins of 3.5%.
Key information
-26.2%
Earnings growth rate
-33.6%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 7.7% |
| Return on equity | 2.2% |
| Net Margin | 3.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Qingdao Hi-Tech Moulds & Plastics Technology's (SZSE:301022) Soft Earnings Are Actually Better Than They Appear
Nov 05
Earnings Troubles May Signal Larger Issues for Qingdao Hi-Tech Moulds & Plastics Technology (SZSE:301022) Shareholders
Apr 29Recent updates
Qingdao Hi-Tech Moulds & Plastics Technology's (SZSE:301022) Soft Earnings Are Actually Better Than They Appear
Nov 05Subdued Growth No Barrier To Qingdao Hi-Tech Moulds & Plastics Technology Co., Ltd.'s (SZSE:301022) Price
Oct 05More Unpleasant Surprises Could Be In Store For Qingdao Hi-Tech Moulds & Plastics Technology Co., Ltd.'s (SZSE:301022) Shares After Tumbling 27%
Jun 06Qingdao Hi-Tech Moulds & Plastics Technology (SZSE:301022) Is Paying Out Less In Dividends Than Last Year
May 26Earnings Troubles May Signal Larger Issues for Qingdao Hi-Tech Moulds & Plastics Technology (SZSE:301022) Shareholders
Apr 29Qingdao Hi-Tech Moulds & Plastics Technology Co., Ltd.'s (SZSE:301022) 58% Price Boost Is Out Of Tune With Revenues
Apr 01Revenues Not Telling The Story For Qingdao Hi-Tech Moulds & Plastics Technology Co., Ltd. (SZSE:301022) After Shares Rise 58%
Apr 01Revenue & Expenses Breakdown
How Qingdao Hi-Tech Moulds & Plastics 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 |
|---|---|---|---|---|
| 30 Sep 24 | 662 | 23 | 60 | 28 |
| 30 Jun 24 | 607 | -1 | 71 | 27 |
| 31 Mar 24 | 608 | 15 | 78 | 25 |
| 31 Dec 23 | 572 | 23 | 75 | 25 |
| 30 Sep 23 | 553 | 33 | 75 | 22 |
| 30 Jun 23 | 545 | 51 | 65 | 22 |
| 31 Mar 23 | 514 | 51 | 58 | 21 |
| 01 Jan 23 | 500 | 54 | 56 | 21 |
| 30 Sep 22 | 513 | 65 | 44 | 21 |
| 30 Jun 22 | 529 | 63 | 47 | 21 |
| 31 Mar 22 | 575 | 63 | 45 | 20 |
| 01 Jan 22 | 592 | 60 | 45 | 20 |
| 30 Sep 21 | 580 | 67 | 41 | 19 |
| 30 Jun 21 | 547 | 70 | 39 | 18 |
| 31 Mar 21 | 462 | 64 | 37 | 18 |
| 31 Dec 20 | 456 | 68 | 39 | 16 |
| 31 Dec 19 | 342 | 54 | 40 | 13 |
| 31 Dec 18 | 272 | 23 | 36 | 11 |
| 31 Dec 17 | 222 | 25 | 29 | 10 |
Quality Earnings: 301022 has high quality earnings.
Growing Profit Margin: 301022's current net profit margins (3.5%) are lower than last year (5.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301022's earnings have declined by 26.2% per year over the past 5 years.
Accelerating Growth: 301022's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301022 had negative earnings growth (-29.7%) over the past year, making it difficult to compare to the Auto Components industry average (11%).
Return on Equity
High ROE: 301022's Return on Equity (2.2%) is considered low.