Zhejiang Hongxin Technology Past Earnings Performance
Past criteria checks 1/6
Zhejiang Hongxin Technology has been growing earnings at an average annual rate of 7.6%, while the Auto Components industry saw earnings growing at 9.2% annually. Revenues have been growing at an average rate of 11.6% per year. Zhejiang Hongxin Technology's return on equity is 7.3%, and it has net margins of 5.5%.
Key information
7.6%
Earnings growth rate
2.7%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 11.6% |
| Return on equity | 7.3% |
| Net Margin | 5.5% |
| Last Earnings Update | 30 Sep 2024 |
Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Sep 24 | 1,003 | 55 | 64 | 33 |
| 30 Jun 24 | 963 | 59 | 60 | 32 |
| 31 Mar 24 | 989 | 73 | 46 | 31 |
| 31 Dec 23 | 962 | 73 | 45 | 31 |
| 30 Sep 23 | 1,578 | 117 | 73 | 51 |
| 30 Jun 23 | 877 | 69 | 35 | 27 |
| 31 Mar 23 | 878 | 67 | 36 | 27 |
| 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 a high level of non-cash earnings.
Growing Profit Margin: 301539's current net profit margins (5.5%) are lower than last year (7.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301539's earnings have grown by 7.6% per year over the past 5 years.
Accelerating Growth: 301539's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301539 had negative earnings growth (-52.9%) over the past year, making it difficult to compare to the Auto Components industry average (10.5%).
Return on Equity
High ROE: 301539's Return on Equity (7.3%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 17:42 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhejiang Hongxin Technology Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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