Zhejiang EV-TechLtd Past Earnings Performance
Past criteria checks 1/6
Zhejiang EV-TechLtd has been growing earnings at an average annual rate of 48.9%, while the Auto Components industry saw earnings growing at 9.2% annually. Revenues have been growing at an average rate of 34.1% per year. Zhejiang EV-TechLtd's return on equity is 8.5%, and it has net margins of 5.1%.
Key information
48.9%
Earnings growth rate
49.6%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 34.1% |
| Return on equity | 8.5% |
| Net Margin | 5.1% |
| Last Earnings Update | 30 Sep 2024 |
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 |
|---|---|---|---|---|
| 30 Sep 24 | 1,622 | 83 | 153 | 184 |
| 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 a high level of non-cash earnings.
Growing Profit Margin: 301607's current net profit margins (5.1%) 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 48.9% per year over the past 5 years.
Accelerating Growth: 301607's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301607 had negative earnings growth (-11.3%) over the past year, making it difficult to compare to the Auto Components industry average (10.5%).
Return on Equity
High ROE: 301607's Return on Equity (8.5%) 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 | 2024/12/24 01:03 |
| End of Day Share Price | 2024/12/24 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 EV-Tech 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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