Zhejiang Songyuan Automotive Safety SystemsLtd Past Earnings Performance
Past criteria checks 5/6
Zhejiang Songyuan Automotive Safety SystemsLtd has been growing earnings at an average annual rate of 26.7%, while the Auto Components industry saw earnings growing at 9% annually. Revenues have been growing at an average rate of 27.7% per year. Zhejiang Songyuan Automotive Safety SystemsLtd's return on equity is 21.3%, and it has net margins of 15.3%.
Key information
26.7%
Earnings growth rate
21.9%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 27.7% |
| Return on equity | 21.3% |
| Net Margin | 15.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Zhejiang Songyuan Automotive Safety SystemsLtd 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 | 1,776 | 271 | 121 | 84 |
| 30 Jun 24 | 1,614 | 258 | 111 | 75 |
| 31 Mar 24 | 1,423 | 226 | 103 | 68 |
| 31 Dec 23 | 1,280 | 198 | 97 | 67 |
| 30 Sep 23 | 1,105 | 156 | 91 | 70 |
| 30 Jun 23 | 1,038 | 138 | 92 | 68 |
| 31 Mar 23 | 997 | 128 | 89 | 65 |
| 01 Jan 23 | 992 | 118 | 95 | 56 |
| 30 Sep 22 | 950 | 115 | 92 | 51 |
| 30 Jun 22 | 834 | 102 | 85 | 46 |
| 31 Mar 22 | 805 | 109 | 87 | 41 |
| 01 Jan 22 | 745 | 111 | 79 | 40 |
| 30 Sep 21 | 680 | 104 | 70 | 36 |
| 30 Jun 21 | 664 | 107 | 67 | 33 |
| 31 Mar 21 | 610 | 102 | 61 | 30 |
| 31 Dec 20 | 536 | 90 | 54 | 26 |
| 30 Sep 20 | 495 | 87 | 54 | 22 |
| 31 Dec 19 | 465 | 81 | 51 | 20 |
| 31 Dec 18 | 421 | 63 | 52 | 21 |
| 31 Dec 17 | 426 | 50 | 54 | 22 |
| 31 Dec 16 | 421 | 58 | 53 | 20 |
Quality Earnings: 300893 has a high level of non-cash earnings.
Growing Profit Margin: 300893's current net profit margins (15.3%) are higher than last year (14.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300893's earnings have grown significantly by 26.7% per year over the past 5 years.
Accelerating Growth: 300893's earnings growth over the past year (73.6%) exceeds its 5-year average (26.7% per year).
Earnings vs Industry: 300893 earnings growth over the past year (73.6%) exceeded the Auto Components industry 11%.
Return on Equity
High ROE: 300893's Return on Equity (21.3%) is considered high.