Ningbo Lehui International Engineering EquipmentLtd Past Earnings Performance
Past criteria checks 3/6
Ningbo Lehui International Engineering EquipmentLtd's earnings have been declining at an average annual rate of -5.4%, while the Machinery industry saw earnings growing at 10.4% annually. Revenues have been growing at an average rate of 14.2% per year. Ningbo Lehui International Engineering EquipmentLtd's return on equity is 0.9%, and it has net margins of 1%.
Key information
-5.4%
Earnings growth rate
-7.6%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 14.2% |
| Return on equity | 0.9% |
| Net Margin | 1.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Shareholders Can Be Confident That Ningbo Lehui International Engineering EquipmentLtd's (SHSE:603076) Earnings Are High Quality
May 03
Ningbo Lehui International Engineering EquipmentLtd (SHSE:603076) Will Want To Turn Around Its Return Trends
Apr 17There's No Escaping Ningbo Lehui International Engineering Equipment Co.,Ltd's (SHSE:603076) Muted Revenues Despite A 31% Share Price Rise
Mar 06Revenue & Expenses BreakdownBeta
How Ningbo Lehui International Engineering EquipmentLtd 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 | 1,550 | 16 | 222 | 65 |
| 31 Dec 23 | 1,652 | 20 | 215 | 63 |
| 30 Sep 23 | 1,403 | 7 | 213 | 48 |
| 30 Jun 23 | 1,420 | 15 | 214 | 59 |
| 31 Mar 23 | 1,213 | 10 | 196 | 53 |
| 31 Dec 22 | 1,204 | 22 | 191 | 52 |
| 30 Sep 22 | 1,181 | 32 | 169 | 49 |
| 30 Jun 22 | 1,113 | 31 | 146 | 42 |
| 31 Mar 22 | 1,080 | 28 | 143 | 40 |
| 31 Dec 21 | 989 | 46 | 130 | 38 |
| 30 Sep 21 | 932 | 95 | 115 | 35 |
| 30 Jun 21 | 922 | 106 | 112 | 32 |
| 31 Mar 21 | 863 | 105 | 104 | 37 |
| 31 Dec 20 | 852 | 106 | 93 | 37 |
| 30 Sep 20 | 779 | 2 | 119 | 40 |
| 30 Jun 20 | 757 | -5 | 126 | 36 |
| 31 Mar 20 | 725 | -8 | 121 | 34 |
| 31 Dec 19 | 754 | -25 | 135 | 34 |
| 30 Sep 19 | 889 | 33 | 140 | 38 |
| 30 Jun 19 | 926 | 33 | 130 | 40 |
| 31 Mar 19 | 989 | 42 | 143 | 32 |
| 31 Dec 18 | 971 | 39 | 133 | 38 |
| 30 Sep 18 | 900 | 70 | 117 | 34 |
| 30 Jun 18 | 875 | 71 | 89 | 55 |
| 31 Mar 18 | 903 | 73 | 89 | 51 |
| 31 Dec 17 | 832 | 67 | 89 | 39 |
| 30 Sep 17 | 901 | 77 | 95 | 30 |
| 31 Dec 16 | 951 | 77 | 121 | 0 |
| 31 Dec 15 | 724 | 64 | 91 | 0 |
| 31 Dec 14 | 733 | 51 | 93 | 0 |
Quality Earnings: 603076 has a large one-off loss of CN¥31.1M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 603076's current net profit margins (1%) are higher than last year (0.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603076's earnings have declined by 5.4% per year over the past 5 years.
Accelerating Growth: 603076's earnings growth over the past year (58.9%) exceeds its 5-year average (-5.4% per year).
Earnings vs Industry: 603076 earnings growth over the past year (58.9%) exceeded the Machinery industry 2.3%.
Return on Equity
High ROE: 603076's Return on Equity (0.9%) is considered low.