Zhejiang Sling Automobile Bearing Past Earnings Performance
Past criteria checks 4/6
Zhejiang Sling Automobile Bearing has been growing earnings at an average annual rate of 28.2%, while the Auto Components industry saw earnings growing at 9% annually. Revenues have been growing at an average rate of 12.2% per year. Zhejiang Sling Automobile Bearing's return on equity is 10.6%, and it has net margins of 23.5%.
Key information
28.2%
Earnings growth rate
24.1%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 12.2% |
| Return on equity | 10.6% |
| Net Margin | 23.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Earnings Not Telling The Story For Zhejiang Sling Automobile Bearing Co., Ltd. (SZSE:301550) After Shares Rise 30%
Nov 15
An Intrinsic Calculation For Zhejiang Sling Automobile Bearing Co., Ltd. (SZSE:301550) Suggests It's 21% Undervalued
Sep 27Zhejiang Sling Automobile Bearing Co., Ltd. (SZSE:301550) Stock Catapults 26% Though Its Price And Business Still Lag The Market
Mar 18Revenue & Expenses Breakdown
How Zhejiang Sling Automobile Bearing 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 | 765 | 180 | 41 | 35 |
| 30 Jun 24 | 767 | 178 | 45 | 34 |
| 31 Mar 24 | 756 | 173 | 44 | 33 |
| 31 Dec 23 | 738 | 150 | 46 | 33 |
| 30 Sep 23 | 702 | 137 | 42 | 32 |
| 01 Jan 23 | 750 | 123 | 38 | 33 |
| 31 Dec 21 | 715 | 91 | 44 | 29 |
| 31 Dec 20 | 525 | 42 | 39 | 26 |
| 31 Dec 19 | 310 | 25 | 30 | 14 |
| 30 Jun 19 | 250 | 16 | 21 | 8 |
| 31 Mar 19 | 245 | 25 | 21 | 8 |
| 31 Dec 18 | 240 | 33 | 21 | 8 |
| 30 Sep 18 | 253 | 32 | 21 | 10 |
| 30 Jun 18 | 266 | 31 | 21 | 12 |
| 31 Mar 18 | 269 | 23 | 21 | 11 |
| 31 Dec 17 | 273 | 16 | 21 | 10 |
| 30 Sep 17 | 234 | 17 | 20 | 7 |
| 30 Jun 17 | 196 | 17 | 19 | 4 |
| 31 Mar 17 | 164 | 13 | 18 | 2 |
| 31 Dec 16 | 132 | 8 | 17 | 0 |
| 30 Sep 16 | 126 | 8 | 16 | 0 |
| 30 Jun 16 | 121 | 7 | 14 | 0 |
| 31 Mar 16 | 122 | 7 | 14 | 0 |
| 31 Dec 15 | 122 | 7 | 13 | 0 |
| 30 Sep 15 | 132 | 4 | 14 | 0 |
| 30 Jun 15 | 142 | 1 | 14 | 0 |
| 31 Mar 15 | 138 | 2 | 14 | 0 |
| 31 Dec 14 | 135 | 3 | 14 | 0 |
| 31 Dec 13 | 116 | 2 | 12 | 0 |
Quality Earnings: 301550 has a high level of non-cash earnings.
Growing Profit Margin: 301550's current net profit margins (23.5%) are higher than last year (19.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301550's earnings have grown significantly by 28.2% per year over the past 5 years.
Accelerating Growth: 301550's earnings growth over the past year (31.7%) exceeds its 5-year average (28.2% per year).
Earnings vs Industry: 301550 earnings growth over the past year (31.7%) exceeded the Auto Components industry 11%.
Return on Equity
High ROE: 301550's Return on Equity (10.6%) is considered low.