Zhejiang Hongxin Technology Past Earnings Performance
Past criteria checks 2/6
Zhejiang Hongxin Technology has been growing earnings at an average annual rate of 13.8%, while the Auto Components industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 7.9% per year. Zhejiang Hongxin Technology's return on equity is 16.2%, and it has net margins of 7.4%.
Key information
13.8%
Earnings growth rate
12.9%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 7.9% |
| Return on equity | 16.2% |
| Net Margin | 7.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Zhejiang Hongxin 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 | 989 | 73 | 48 | 31 |
| 31 Dec 23 | 962 | 73 | 45 | 31 |
| 30 Sep 23 | 1,597 | 120 | 74 | 52 |
| 30 Jun 23 | 877 | 69 | 35 | 27 |
| 31 Mar 23 | 917 | 71 | 38 | 28 |
| 01 Jan 23 | 956 | 72 | 41 | 30 |
| 30 Sep 22 | 954 | 69 | 42 | 30 |
| 31 Dec 21 | 947 | 68 | 42 | 30 |
| 31 Dec 20 | 617 | 52 | 40 | 20 |
| 31 Dec 19 | 542 | 43 | 49 | 17 |
Quality Earnings: 301539 has high quality earnings.
Growing Profit Margin: 301539's current net profit margins (7.4%) are lower than last year (7.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301539's earnings have grown by 13.8% per year over the past 5 years.
Accelerating Growth: 301539's earnings growth over the past year (3.6%) is below its 5-year average (13.8% per year).
Earnings vs Industry: 301539 earnings growth over the past year (3.6%) did not outperform the Auto Components industry 26.3%.
Return on Equity
High ROE: 301539's Return on Equity (16.2%) is considered low.