China First Heavy Industries Past Earnings Performance
Past criteria checks 1/6
China First Heavy Industries's earnings have been declining at an average annual rate of -1.1%, while the Machinery industry saw earnings growing at 10.7% annually. Revenues have been growing at an average rate of 17.1% per year. China First Heavy Industries's return on equity is 0.7%, and it has net margins of 0.4%.
Key information
-1.1%
Earnings growth rate
-1.2%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 17.1% |
| Return on equity | 0.7% |
| Net Margin | 0.4% |
| Next Earnings Update | 30 Apr 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How China First Heavy Industries 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 23 | 20,001 | 85 | 1,292 | 551 |
| 30 Jun 23 | 21,705 | 91 | 1,415 | 572 |
| 31 Mar 23 | 24,161 | 102 | 1,378 | 616 |
| 31 Dec 22 | 23,886 | 103 | 1,305 | 552 |
| 30 Sep 22 | 25,086 | 171 | 722 | 460 |
| 30 Jun 22 | 24,238 | 174 | 646 | 438 |
| 31 Mar 22 | 23,699 | 170 | 733 | 482 |
| 31 Dec 21 | 23,128 | 168 | 719 | 519 |
| 30 Sep 21 | 23,455 | 142 | 772 | 660 |
| 30 Jun 21 | 21,801 | 136 | 750 | 592 |
| 31 Mar 21 | 20,371 | 134 | 693 | 550 |
| 31 Dec 20 | 19,903 | 130 | 686 | 473 |
| 30 Sep 20 | 17,812 | 133 | 447 | 430 |
| 30 Jun 20 | 16,204 | 133 | 545 | 435 |
| 31 Mar 20 | 13,868 | 139 | 411 | 358 |
| 31 Dec 19 | 13,165 | 129 | 409 | 369 |
| 30 Sep 19 | 12,411 | 78 | 888 | 271 |
| 30 Jun 19 | 10,669 | 130 | 821 | 257 |
| 31 Mar 19 | 10,195 | 126 | 871 | 263 |
| 31 Dec 18 | 10,511 | 129 | 857 | 256 |
| 30 Sep 18 | 10,415 | 146 | 507 | 189 |
| 30 Jun 18 | 11,664 | 111 | 441 | 264 |
| 31 Mar 18 | 11,453 | 105 | 460 | 214 |
| 01 Jan 18 | 10,252 | 84 | 496 | 178 |
| 30 Sep 17 | 7,427 | -3,740 | 1,315 | 128 |
| 30 Jun 17 | 5,686 | -5,036 | 1,503 | 0 |
| 31 Mar 17 | 4,278 | -5,409 | 1,530 | 0 |
| 31 Dec 16 | 3,204 | -5,734 | 1,569 | 0 |
| 30 Sep 16 | 3,965 | -2,705 | 1,130 | 0 |
| 30 Jun 16 | 4,111 | -1,956 | 981 | 0 |
| 31 Mar 16 | 4,477 | -1,825 | 1,092 | 0 |
| 31 Dec 15 | 5,012 | -1,795 | 1,094 | 0 |
| 30 Sep 15 | 6,047 | -377 | 712 | 0 |
| 30 Jun 15 | 8,775 | 176 | 739 | 0 |
| 31 Mar 15 | 7,536 | 69 | 728 | 0 |
| 31 Dec 14 | 7,328 | 26 | 731 | 0 |
| 30 Sep 14 | 7,521 | -186 | 508 | 0 |
| 30 Jun 14 | 5,951 | -266 | 618 | 0 |
| 31 Mar 14 | 7,708 | -221 | 505 | 0 |
| 31 Dec 13 | 8,369 | 17 | 498 | 0 |
| 30 Sep 13 | 7,893 | -459 | 1,102 | 0 |
| 30 Jun 13 | 7,806 | -414 | 1,042 | 0 |
Quality Earnings: 601106 has a large one-off gain of CN¥182.9M impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: 601106's current net profit margins (0.4%) are lower than last year (0.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 601106 has become profitable over the past 5 years, growing earnings by -1.1% per year.
Accelerating Growth: 601106's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 601106 had negative earnings growth (-50.3%) over the past year, making it difficult to compare to the Machinery industry average (6.4%).
Return on Equity
High ROE: 601106's Return on Equity (0.7%) is considered low.