Zhejiang Taotao Vehicles Past Earnings Performance
Past criteria checks 3/6
Zhejiang Taotao Vehicles has been growing earnings at an average annual rate of 16.8%, while the Auto industry saw earnings growing at 13.5% annually. Revenues have been growing at an average rate of 16.1% per year. Zhejiang Taotao Vehicles's return on equity is 12.4%, and it has net margins of 12.5%.
Key information
16.8%
Earnings growth rate
9.3%
EPS growth rate
| Auto Industry Growth | 23.3% |
| Revenue growth rate | 16.1% |
| Return on equity | 12.4% |
| Net Margin | 12.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Zhejiang Taotao Vehicles 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 | 3,018 | 377 | 449 | 115 |
| 30 Jun 24 | 2,750 | 328 | 474 | 108 |
| 31 Mar 24 | 2,315 | 296 | 456 | 105 |
| 31 Dec 23 | 2,144 | 280 | 422 | 88 |
| 30 Sep 23 | 1,908 | 274 | 421 | 76 |
| 30 Jun 23 | 1,777 | 243 | 370 | 73 |
| 31 Mar 23 | 1,747 | 212 | 335 | 64 |
| 01 Jan 23 | 1,766 | 206 | 330 | 64 |
| 30 Sep 22 | 1,750 | 227 | 156 | 60 |
| 30 Jun 22 | 1,865 | 241 | 216 | 61 |
| 31 Mar 22 | 1,922 | 222 | 249 | 62 |
| 01 Jan 22 | 2,018 | 243 | 283 | 63 |
| 30 Sep 21 | 1,923 | 215 | 412 | 57 |
| 30 Jun 21 | 1,828 | 225 | 350 | 51 |
| 31 Mar 21 | 1,607 | 218 | 299 | 45 |
| 31 Dec 20 | 1,386 | 211 | 248 | 38 |
| 31 Dec 19 | 752 | 72 | 186 | 26 |
| 31 Dec 18 | 616 | 39 | 189 | 22 |
| 31 Dec 17 | 486 | 27 | 114 | 17 |
Quality Earnings: 301345 has a high level of non-cash earnings.
Growing Profit Margin: 301345's current net profit margins (12.5%) are lower than last year (14.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301345's earnings have grown by 16.8% per year over the past 5 years.
Accelerating Growth: 301345's earnings growth over the past year (37.6%) exceeds its 5-year average (16.8% per year).
Earnings vs Industry: 301345 earnings growth over the past year (37.6%) exceeded the Auto industry -9.3%.
Return on Equity
High ROE: 301345's Return on Equity (12.4%) is considered low.