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 21.3%, while the Machinery industry saw earnings growing at 9.6% annually. Revenues have been growing at an average rate of 22.1% per year. Hangzhou Fortune Gas Cryogenic Group's return on equity is 13.2%, and it has net margins of 8.9%.
Key information
21.3%
Earnings growth rate
18.2%
EPS growth rate
Machinery Industry Growth | 11.8% |
Revenue growth rate | 22.1% |
Return on equity | 13.2% |
Net Margin | 8.9% |
Next Earnings Update | 27 Aug 2024 |
Recent past performance updates
Revenue & 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 |
---|---|---|---|---|
31 Dec 23 | 2,156 | 191 | 174 | 98 |
30 Sep 23 | 2,116 | 173 | 161 | 99 |
30 Jun 23 | 2,047 | 181 | 179 | 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 (8.9%) are higher than last year (7.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603173's earnings have grown significantly by 21.3% per year over the past 5 years.
Accelerating Growth: 603173's earnings growth over the past year (34.7%) exceeds its 5-year average (21.3% per year).
Earnings vs Industry: 603173 earnings growth over the past year (34.7%) exceeded the Machinery industry 4.2%.
Return on Equity
High ROE: 603173's Return on Equity (13.2%) is considered low.