Wuxi Hongsheng Heat Exchanger Manufacturing Past Earnings Performance
Past criteria checks 2/6
Wuxi Hongsheng Heat Exchanger Manufacturing has been growing earnings at an average annual rate of 23.7%, while the Machinery industry saw earnings growing at 9.4% annually. Revenues have been growing at an average rate of 13.9% per year. Wuxi Hongsheng Heat Exchanger Manufacturing's return on equity is 9.5%, and it has net margins of 7.9%.
Key information
23.7%
Earnings growth rate
23.3%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 13.9% |
| Return on equity | 9.5% |
| Net Margin | 7.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Wuxi Hongsheng Heat Exchanger Manufacturing (SHSE:603090) Might Have The Makings Of A Multi-Bagger
Jun 06
We Think Wuxi Hongsheng Heat Exchanger Manufacturing's (SHSE:603090) Solid Earnings Are Understated
Apr 05Not Many Are Piling Into Wuxi Hongsheng Heat Exchanger Manufacturing Co., Ltd. (SHSE:603090) Just Yet
Feb 27Revenue & Expenses Breakdown
How Wuxi Hongsheng Heat Exchanger Manufacturing 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 | 683 | 54 | 64 | 32 |
| 31 Dec 23 | 696 | 54 | 59 | 31 |
| 30 Sep 23 | 708 | 71 | 56 | 32 |
| 30 Jun 23 | 716 | 77 | 53 | 30 |
| 31 Mar 23 | 713 | 66 | 52 | 30 |
| 31 Dec 22 | 714 | 53 | 53 | 28 |
| 30 Sep 22 | 709 | 38 | 52 | 26 |
| 30 Jun 22 | 643 | 22 | 51 | 25 |
| 31 Mar 22 | 612 | 15 | 47 | 25 |
| 31 Dec 21 | 559 | 15 | 47 | 25 |
| 30 Sep 21 | 466 | 6 | 33 | 25 |
| 30 Jun 21 | 417 | 2 | 34 | 25 |
| 31 Mar 21 | 357 | 7 | 37 | 23 |
| 31 Dec 20 | 325 | 7 | 38 | 23 |
| 30 Sep 20 | 361 | 22 | 54 | 22 |
| 30 Jun 20 | 453 | 27 | 57 | 22 |
| 31 Mar 20 | 477 | 30 | 59 | 21 |
| 31 Dec 19 | 491 | 31 | 61 | 21 |
| 30 Sep 19 | 486 | 33 | 58 | 19 |
| 30 Jun 19 | 406 | 34 | 56 | 20 |
| 31 Mar 19 | 399 | 32 | 57 | 21 |
| 31 Dec 18 | 415 | 33 | 56 | 21 |
| 30 Sep 18 | 421 | 28 | 57 | 20 |
| 30 Jun 18 | 413 | 24 | 48 | 25 |
| 31 Mar 18 | 399 | 22 | 46 | 21 |
| 31 Dec 17 | 368 | 25 | 47 | 16 |
| 30 Sep 17 | 319 | 33 | 43 | 11 |
| 30 Jun 17 | 287 | 37 | 52 | 0 |
| 31 Mar 17 | 246 | 38 | 47 | 0 |
| 31 Dec 16 | 230 | 40 | 43 | 0 |
| 30 Sep 16 | 224 | 37 | 40 | 0 |
| 31 Dec 15 | 237 | 37 | 37 | 0 |
| 31 Dec 14 | 230 | 35 | 35 | 0 |
| 31 Dec 13 | 206 | 36 | 29 | 0 |
Quality Earnings: 603090 has high quality earnings.
Growing Profit Margin: 603090's current net profit margins (7.9%) are lower than last year (9.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603090's earnings have grown significantly by 23.7% per year over the past 5 years.
Accelerating Growth: 603090's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603090 had negative earnings growth (-18.5%) over the past year, making it difficult to compare to the Machinery industry average (4.2%).
Return on Equity
High ROE: 603090's Return on Equity (9.5%) is considered low.