Zhejiang EV-TechLtd Past Earnings Performance
Past criteria checks 2/6
Zhejiang EV-TechLtd has been growing earnings at an average annual rate of 65.8%, while the Auto Components industry saw earnings growing at 9.9% annually. Revenues have been growing at an average rate of 44.8% per year. Zhejiang EV-TechLtd's return on equity is 16.7%, and it has net margins of 5.3%.
Key information
65.8%
Earnings growth rate
66.3%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 44.8% |
| Return on equity | 16.7% |
| Net Margin | 5.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Zhejiang EV-TechLtd 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 Dec 23 | 1,835 | 96 | 154 | 211 |
| 31 Dec 22 | 1,650 | 87 | 131 | 113 |
| 31 Dec 21 | 964 | 58 | 81 | 54 |
| 31 Dec 20 | 295 | -15 | 38 | 39 |
| 31 Dec 19 | 200 | -61 | 38 | 41 |
Quality Earnings: 301607 has high quality earnings.
Growing Profit Margin: 301607's current net profit margins (5.3%) are lower than last year (5.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301607's earnings have grown significantly by 65.8% per year over the past 5 years.
Accelerating Growth: 301607's earnings growth over the past year (11.1%) is below its 5-year average (65.8% per year).
Earnings vs Industry: 301607 earnings growth over the past year (11.1%) did not outperform the Auto Components industry 19.4%.
Return on Equity
High ROE: 301607's Return on Equity (16.7%) is considered low.