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 15.8%, while the Machinery industry saw earnings growing at 7.4% annually. Revenues have been growing at an average rate of 18.6% per year. Hangzhou Fortune Gas Cryogenic Group's return on equity is 15.9%, and it has net margins of 11.1%.
Key information
15.8%
Earnings growth rate
8.9%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 18.6% |
| Return on equity | 15.9% |
| Net Margin | 11.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
We Think Hangzhou Fortune Gas Cryogenic Group's (SHSE:603173) Profit Is Only A Baseline For What They Can Achieve
Nov 05
Hangzhou Fortune Gas Cryogenic Group's (SHSE:603173) Strong Earnings Are Of Good Quality
Apr 26Recent updates
Hangzhou Fortune Gas Cryogenic Group Co., Ltd.'s (SHSE:603173) Shares Bounce 28% But Its Business Still Trails The Market
Nov 08We Think Hangzhou Fortune Gas Cryogenic Group's (SHSE:603173) Profit Is Only A Baseline For What They Can Achieve
Nov 05Hangzhou Fortune Gas Cryogenic Group Co., Ltd.'s (SHSE:603173) Low P/E No Reason For Excitement
Jul 31Hangzhou Fortune Gas Cryogenic Group's (SHSE:603173) Strong Earnings Are Of Good Quality
Apr 26Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Sep 24 | 2,308 | 255 | 200 | 95 |
| 30 Jun 24 | 2,118 | 201 | 171 | 98 |
| 31 Mar 24 | 2,271 | 208 | 182 | 104 |
| 31 Dec 23 | 2,156 | 191 | 174 | 98 |
| 30 Sep 23 | 2,116 | 173 | 155 | 99 |
| 30 Jun 23 | 2,047 | 181 | 162 | 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 | 73 | 58 |
| 31 Dec 19 | 719 | 71 | 59 | 40 |
| 31 Dec 18 | 554 | 14 | 56 | 36 |
Quality Earnings: 603173 has high quality earnings.
Growing Profit Margin: 603173's current net profit margins (11.1%) are higher than last year (8.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603173's earnings have grown by 15.8% per year over the past 5 years.
Accelerating Growth: 603173's earnings growth over the past year (47.4%) exceeds its 5-year average (15.8% per year).
Earnings vs Industry: 603173 earnings growth over the past year (47.4%) exceeded the Machinery industry -0.2%.
Return on Equity
High ROE: 603173's Return on Equity (15.9%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:15 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hangzhou Fortune Gas Cryogenic Group Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kang Shi | Industrial Securities Co. Ltd. |