Ningbo Haitian Precision MachineryLtd Past Earnings Performance
Past criteria checks 2/6
Ningbo Haitian Precision MachineryLtd has been growing earnings at an average annual rate of 35.6%, while the Machinery industry saw earnings growing at 7.4% annually. Revenues have been growing at an average rate of 21.2% per year. Ningbo Haitian Precision MachineryLtd's return on equity is 21.3%, and it has net margins of 16.6%.
Key information
35.6%
Earnings growth rate
35.7%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 21.2% |
| Return on equity | 21.3% |
| Net Margin | 16.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Ningbo Haitian Precision MachineryLtd (SHSE:601882) Is Very Good At Capital Allocation
Oct 22
Ningbo Haitian Precision Machinery Co.,Ltd. (SHSE:601882) Just Recorded An Earnings Miss And Analysts Are Updating Their Numbers
Sep 01Returns On Capital Are A Standout For Ningbo Haitian Precision MachineryLtd (SHSE:601882)
Jul 19Ningbo Haitian Precision Machinery Co.,Ltd. (SHSE:601882) Looks Inexpensive But Perhaps Not Attractive Enough
Jun 17Should You Be Adding Ningbo Haitian Precision MachineryLtd (SHSE:601882) To Your Watchlist Today?
May 24Ningbo Haitian Precision MachineryLtd's (SHSE:601882) Promising Earnings May Rest On Soft Foundations
Apr 01Earnings Report: Ningbo Haitian Precision Machinery Co.,Ltd. Missed Revenue Estimates By 8.8%
Mar 29Ningbo Haitian Precision Machinery Co.,Ltd. (SHSE:601882) Stock Catapults 26% Though Its Price And Business Still Lag The Market
Feb 29The Trend Of High Returns At Ningbo Haitian Precision MachineryLtd (SHSE:601882) Has Us Very Interested
Feb 28Revenue & Expenses Breakdown
How Ningbo Haitian Precision MachineryLtd 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 | 3,309 | 550 | 228 | 163 |
| 30 Jun 24 | 3,307 | 582 | 246 | 153 |
| 31 Mar 24 | 3,297 | 605 | 241 | 141 |
| 31 Dec 23 | 3,323 | 609 | 237 | 137 |
| 30 Sep 23 | 3,318 | 594 | 217 | 130 |
| 30 Jun 23 | 3,357 | 586 | 199 | 129 |
| 31 Mar 23 | 3,255 | 546 | 203 | 121 |
| 31 Dec 22 | 3,177 | 521 | 200 | 118 |
| 30 Sep 22 | 3,088 | 498 | 191 | 128 |
| 30 Jun 22 | 2,977 | 468 | 191 | 121 |
| 31 Mar 22 | 2,897 | 419 | 192 | 119 |
| 31 Dec 21 | 2,730 | 371 | 181 | 113 |
| 30 Sep 21 | 2,534 | 311 | 169 | 97 |
| 30 Jun 21 | 2,225 | 243 | 161 | 91 |
| 31 Mar 21 | 1,901 | 189 | 143 | 77 |
| 31 Dec 20 | 1,632 | 138 | 136 | 70 |
| 30 Sep 20 | 1,449 | 115 | 137 | 62 |
| 30 Jun 20 | 1,323 | 95 | 126 | 62 |
| 31 Mar 20 | 1,185 | 77 | 133 | 61 |
| 31 Dec 19 | 1,165 | 77 | 120 | 61 |
| 30 Sep 19 | 1,086 | 71 | 123 | 57 |
| 30 Jun 19 | 1,120 | 84 | 126 | 49 |
| 31 Mar 19 | 1,228 | 98 | 116 | 55 |
| 31 Dec 18 | 1,272 | 102 | 127 | 56 |
| 30 Sep 18 | 1,367 | 110 | 126 | 59 |
| 30 Jun 18 | 1,355 | 107 | 99 | 88 |
| 31 Mar 18 | 1,326 | 106 | 118 | 68 |
| 31 Dec 17 | 1,281 | 103 | 129 | 54 |
| 30 Sep 17 | 1,167 | 88 | 133 | 40 |
| 30 Jun 17 | 1,087 | 73 | 168 | 0 |
| 31 Mar 17 | 1,018 | 65 | 166 | 0 |
| 31 Dec 16 | 1,008 | 63 | 163 | 0 |
| 30 Sep 16 | 1,012 | 65 | 151 | 0 |
| 30 Jun 16 | 987 | 68 | 154 | 0 |
| 31 Mar 16 | 969 | 54 | 155 | 0 |
| 31 Dec 15 | 991 | 58 | 161 | 0 |
| 31 Dec 14 | 1,014 | 82 | 161 | 0 |
| 31 Dec 13 | 882 | 36 | 165 | 0 |
Quality Earnings: 601882 has a large one-off gain of CN¥122.0M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 601882's current net profit margins (16.6%) are lower than last year (17.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 601882's earnings have grown significantly by 35.6% per year over the past 5 years.
Accelerating Growth: 601882's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 601882 had negative earnings growth (-7.5%) over the past year, making it difficult to compare to the Machinery industry average (-0.6%).
Return on Equity
High ROE: 601882's Return on Equity (21.3%) is considered high.