Taiyuan Heavy Industry Past Earnings Performance
Past criteria checks 2/6
Taiyuan Heavy Industry has been growing earnings at an average annual rate of 40.8%, while the Machinery industry saw earnings growing at 9.5% annually. Revenues have been growing at an average rate of 4% per year. Taiyuan Heavy Industry's return on equity is 2.5%, and it has net margins of 2.2%.
Key information
40.8%
Earnings growth rate
40.1%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 4.0% |
| Return on equity | 2.5% |
| Net Margin | 2.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses Breakdown
How Taiyuan Heavy Industry 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 | 8,371 | 185 | 502 | 348 |
| 30 Sep 23 | 8,563 | 226 | 683 | 339 |
| 30 Jun 23 | 8,085 | 201 | 638 | 338 |
| 31 Mar 23 | 8,120 | 217 | 612 | 350 |
| 31 Dec 22 | 8,040 | 216 | 605 | 345 |
| 30 Sep 22 | 8,617 | 40 | 555 | 311 |
| 30 Jun 22 | 8,321 | 118 | 554 | 302 |
| 31 Mar 22 | 8,345 | 185 | 576 | 355 |
| 31 Dec 21 | 8,320 | 164 | 604 | 340 |
| 30 Sep 21 | 8,490 | 557 | 553 | 343 |
| 30 Jun 21 | 8,733 | 461 | 618 | 314 |
| 31 Mar 21 | 8,368 | 178 | 581 | 219 |
| 31 Dec 20 | 8,611 | 34 | 702 | 215 |
| 30 Sep 20 | 7,835 | -1,139 | 939 | 221 |
| 30 Jun 20 | 7,339 | -1,139 | 985 | 201 |
| 31 Mar 20 | 7,134 | -958 | 1,012 | 175 |
| 31 Dec 19 | 7,038 | -814 | 981 | 177 |
| 30 Sep 19 | 7,423 | 50 | 939 | 165 |
| 30 Jun 19 | 7,297 | 50 | 936 | 161 |
| 31 Mar 19 | 7,266 | 47 | 871 | 158 |
| 31 Dec 18 | 6,428 | 38 | 845 | 149 |
| 30 Sep 18 | 6,749 | 41 | 770 | 113 |
| 30 Jun 18 | 6,683 | 43 | 652 | 162 |
| 31 Mar 18 | 6,950 | 54 | 727 | 139 |
| 31 Dec 17 | 7,177 | 52 | 733 | 116 |
| 30 Sep 17 | 6,653 | -922 | 945 | 69 |
| 30 Jun 17 | 6,356 | -1,314 | 1,002 | 0 |
| 31 Mar 17 | 5,119 | -1,697 | 1,053 | 0 |
| 31 Dec 16 | 4,277 | -1,920 | 1,045 | 0 |
| 30 Sep 16 | 4,537 | -970 | 835 | 0 |
| 30 Jun 16 | 5,029 | -577 | 997 | 0 |
| 31 Mar 16 | 6,077 | -204 | 808 | 0 |
| 31 Dec 15 | 6,861 | 22 | 875 | 0 |
| 30 Sep 15 | 8,180 | 24 | 1,026 | 0 |
| 30 Jun 15 | 8,292 | 28 | 831 | 0 |
| 31 Mar 15 | 8,796 | 30 | 1,003 | 0 |
| 31 Dec 14 | 9,023 | 32 | 977 | 0 |
| 30 Sep 14 | 9,456 | 97 | 953 | 0 |
| 30 Jun 14 | 9,537 | 85 | 1,005 | 0 |
| 31 Mar 14 | 9,210 | 50 | 980 | 0 |
| 31 Dec 13 | 9,551 | 26 | 1,006 | 0 |
| 30 Sep 13 | 8,832 | -151 | 1,026 | 0 |
| 30 Jun 13 | 9,007 | -288 | 925 | 0 |
Quality Earnings: 600169 has high quality earnings.
Growing Profit Margin: 600169's current net profit margins (2.2%) are lower than last year (2.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600169 has become profitable over the past 5 years, growing earnings by 40.8% per year.
Accelerating Growth: 600169's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600169 had negative earnings growth (-14.3%) over the past year, making it difficult to compare to the Machinery industry average (4.2%).
Return on Equity
High ROE: 600169's Return on Equity (2.5%) is considered low.