Guangdong Lvtong New Energy Electric Vehicle Technology Past Earnings Performance
Past criteria checks 2/6
Guangdong Lvtong New Energy Electric Vehicle Technology has been growing earnings at an average annual rate of 31.7%, while the Auto industry saw earnings growing at 14.2% annually. Revenues have been declining at an average rate of 31.9% per year. Guangdong Lvtong New Energy Electric Vehicle Technology's return on equity is 8.2%, and it has net margins of 24.7%.
Key information
31.7%
Earnings growth rate
26.5%
EPS growth rate
| Auto Industry Growth | 23.3% |
| Revenue growth rate | -31.9% |
| Return on equity | 8.2% |
| Net Margin | 24.7% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Guangdong Lvtong New Energy Electric Vehicle 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 | 975 | 241 | 76 | 43 |
| 31 Dec 23 | 1,081 | 263 | 72 | 40 |
| 30 Sep 23 | 1,096 | 253 | 69 | 42 |
| 30 Jun 23 | 1,325 | 310 | 71 | 43 |
| 31 Mar 23 | 1,432 | 327 | 62 | 40 |
| 31 Dec 22 | 1,471 | 312 | 63 | 47 |
| 31 Mar 22 | 1,112 | 147 | 75 | 43 |
| 31 Dec 21 | 1,017 | 127 | 60 | 34 |
| 31 Dec 20 | 558 | 52 | 57 | 18 |
| 31 Dec 19 | 418 | 49 | 47 | 15 |
| 31 Dec 18 | 318 | 26 | 38 | 11 |
| 30 Jun 17 | 207 | 15 | 36 | 0 |
| 31 Mar 17 | 197 | 15 | 35 | 0 |
| 31 Dec 16 | 186 | 15 | 35 | 0 |
| 30 Sep 16 | 172 | 12 | 31 | 0 |
| 30 Jun 16 | 158 | 8 | 28 | 0 |
| 31 Mar 16 | 151 | 7 | 24 | 0 |
| 31 Dec 15 | 144 | 5 | 20 | 0 |
| 31 Dec 14 | 113 | 3 | 15 | 0 |
Quality Earnings: 301322 has a high level of non-cash earnings.
Growing Profit Margin: 301322's current net profit margins (24.7%) are higher than last year (22.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301322's earnings have grown significantly by 31.7% per year over the past 5 years.
Accelerating Growth: 301322's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301322 had negative earnings growth (-26.1%) over the past year, making it difficult to compare to the Auto industry average (12.1%).
Return on Equity
High ROE: 301322's Return on Equity (8.2%) is considered low.