Wuxi New Hongtai Electrical TechnologyLtd Past Earnings Performance
Past criteria checks 2/6
Wuxi New Hongtai Electrical TechnologyLtd has been growing earnings at an average annual rate of 3.2%, while the Electrical industry saw earnings growing at 12.3% annually. Revenues have been growing at an average rate of 10.1% per year. Wuxi New Hongtai Electrical TechnologyLtd's return on equity is 8.7%, and it has net margins of 11.2%.
Key information
3.2%
Earnings growth rate
3.6%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 10.1% |
| Return on equity | 8.7% |
| Net Margin | 11.2% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Wuxi New Hongtai Electrical TechnologyLtd 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 Mar 24 | 629 | 70 | 78 | 30 |
| 31 Dec 23 | 632 | 69 | 77 | 31 |
| 30 Sep 23 | 637 | 69 | 79 | 32 |
| 30 Jun 23 | 643 | 73 | 81 | 32 |
| 31 Mar 23 | 614 | 71 | 77 | 30 |
| 31 Dec 22 | 615 | 67 | 75 | 31 |
| 30 Sep 22 | 591 | 62 | 72 | 31 |
| 30 Jun 22 | 590 | 58 | 72 | 33 |
| 31 Mar 22 | 581 | 53 | 74 | 35 |
| 31 Dec 21 | 555 | 53 | 75 | 34 |
| 30 Sep 21 | 533 | 56 | 74 | 34 |
| 30 Jun 21 | 496 | 54 | 72 | 33 |
| 31 Mar 21 | 483 | 60 | 73 | 32 |
| 31 Dec 20 | 444 | 62 | 68 | 30 |
| 30 Sep 20 | 441 | 61 | 72 | 30 |
| 30 Jun 20 | 429 | 58 | 75 | 30 |
| 31 Mar 20 | 416 | 59 | 72 | 29 |
| 31 Dec 19 | 443 | 60 | 76 | 30 |
| 30 Sep 19 | 434 | 61 | 73 | 29 |
| 30 Jun 19 | 432 | 63 | 71 | 28 |
| 31 Mar 19 | 429 | 61 | 70 | 30 |
| 31 Dec 18 | 416 | 61 | 67 | 29 |
| 30 Sep 18 | 406 | 58 | 53 | 45 |
| 30 Jun 18 | 397 | 47 | 58 | 39 |
| 31 Mar 18 | 394 | 46 | 64 | 31 |
| 31 Dec 17 | 379 | 45 | 66 | 25 |
| 30 Sep 17 | 380 | 51 | 88 | 0 |
| 30 Jun 17 | 382 | 61 | 88 | 0 |
| 31 Mar 17 | 373 | 65 | 85 | 0 |
| 31 Dec 16 | 377 | 66 | 85 | 0 |
| 30 Sep 16 | 379 | 64 | 79 | 0 |
| 30 Jun 16 | 377 | 66 | 76 | 0 |
| 31 Mar 16 | 379 | 63 | 76 | 0 |
| 31 Dec 15 | 395 | 66 | 77 | 0 |
| 31 Dec 14 | 398 | 68 | 78 | 0 |
| 31 Dec 13 | 376 | 70 | 72 | 0 |
Quality Earnings: 603016 has high quality earnings.
Growing Profit Margin: 603016's current net profit margins (11.2%) are lower than last year (11.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603016's earnings have grown by 3.2% per year over the past 5 years.
Accelerating Growth: 603016's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603016 had negative earnings growth (-1.1%) over the past year, making it difficult to compare to the Electrical industry average (0.6%).
Return on Equity
High ROE: 603016's Return on Equity (8.7%) is considered low.