Hangzhou Fortune Gas Cryogenic Group Past Earnings Performance
Past criteria checks 5/6
Hangzhou Fortune Gas Cryogenic Group has been growing earnings at an average annual rate of 15.5%, while the Machinery industry saw earnings growing at 10.4% annually. Revenues have been growing at an average rate of 12.5% per year. Hangzhou Fortune Gas Cryogenic Group's return on equity is 14.6%, and it has net margins of 10.2%.
Key information
15.5%
Earnings growth rate
9.5%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 12.5% |
| Return on equity | 14.6% |
| Net Margin | 10.2% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Hangzhou Fortune Gas Cryogenic Group 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 | 2,168 | 222 | 172 | 102 |
| 31 Dec 23 | 2,156 | 191 | 174 | 98 |
| 30 Sep 23 | 2,116 | 173 | 161 | 99 |
| 30 Jun 23 | 2,047 | 181 | 172 | 95 |
| 31 Mar 23 | 1,927 | 153 | 155 | 91 |
| 31 Dec 22 | 1,886 | 142 | 145 | 90 |
| 30 Sep 22 | 1,825 | 189 | 106 | 75 |
| 31 Dec 21 | 1,447 | 160 | 112 | 73 |
| 31 Dec 20 | 1,078 | 145 | 70 | 58 |
| 31 Dec 19 | 719 | 71 | 57 | 40 |
| 31 Dec 18 | 554 | 14 | 56 | 36 |
Quality Earnings: 603173 has high quality earnings.
Growing Profit Margin: 603173's current net profit margins (10.2%) are higher than last year (7.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603173's earnings have grown by 15.5% per year over the past 5 years.
Accelerating Growth: 603173's earnings growth over the past year (44.7%) exceeds its 5-year average (15.5% per year).
Earnings vs Industry: 603173 earnings growth over the past year (44.7%) exceeded the Machinery industry 2.1%.
Return on Equity
High ROE: 603173's Return on Equity (14.6%) is considered low.