Chongqing Wangbian Electric (Group) Past Earnings Performance
Past criteria checks 1/6
Chongqing Wangbian Electric (Group) has been growing earnings at an average annual rate of 19.7%, while the Electrical industry saw earnings growing at 12.5% annually. Revenues have been growing at an average rate of 19.2% per year. Chongqing Wangbian Electric (Group)'s return on equity is 7.3%, and it has net margins of 6.7%.
Key information
19.7%
Earnings growth rate
14.3%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 19.2% |
| Return on equity | 7.3% |
| Net Margin | 6.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Chongqing Wangbian Electric (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 | 2,673 | 178 | 177 | 30 |
| 31 Dec 23 | 2,718 | 235 | 171 | 29 |
| 30 Sep 23 | 2,751 | 312 | 185 | 27 |
| 30 Jun 23 | 2,637 | 336 | 187 | 31 |
| 31 Mar 23 | 2,712 | 342 | 182 | 29 |
| 31 Dec 22 | 2,526 | 298 | 165 | 28 |
| 30 Sep 22 | 2,306 | 264 | 133 | 30 |
| 30 Jun 22 | 2,176 | 226 | 131 | 25 |
| 31 Mar 22 | 1,978 | 183 | 128 | 19 |
| 31 Dec 21 | 1,933 | 178 | 125 | 19 |
| 31 Dec 20 | 1,297 | 143 | 102 | 18 |
| 31 Dec 19 | 1,108 | 109 | 113 | 16 |
| 31 Mar 19 | 964 | 73 | 99 | 18 |
| 31 Dec 18 | 881 | 56 | 97 | 14 |
| 30 Sep 18 | 764 | 55 | 87 | 3 |
| 30 Jun 18 | 684 | 57 | 87 | 1 |
| 31 Mar 18 | 609 | 52 | 89 | 12 |
| 31 Dec 17 | 571 | 63 | 84 | 12 |
| 30 Sep 17 | 523 | 59 | 86 | 2 |
| 30 Jun 17 | 509 | 53 | 82 | 1 |
| 31 Mar 17 | 455 | 53 | 76 | 0 |
| 31 Dec 16 | 451 | 54 | 76 | 0 |
| 30 Sep 16 | 425 | 56 | 69 | 0 |
| 30 Jun 16 | 399 | 58 | 61 | 0 |
| 31 Mar 16 | 393 | 49 | 61 | 0 |
| 31 Dec 15 | 386 | 41 | 60 | 0 |
| 30 Sep 15 | 416 | 32 | 66 | 0 |
| 30 Jun 15 | 445 | 24 | 71 | 0 |
| 31 Mar 15 | 421 | 22 | 67 | 0 |
| 31 Dec 14 | 396 | 21 | 63 | 0 |
Quality Earnings: 603191 has a high level of non-cash earnings.
Growing Profit Margin: 603191's current net profit margins (6.7%) are lower than last year (12.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603191's earnings have grown by 19.7% per year over the past 5 years.
Accelerating Growth: 603191's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603191 had negative earnings growth (-47.9%) over the past year, making it difficult to compare to the Electrical industry average (0.6%).
Return on Equity
High ROE: 603191's Return on Equity (7.3%) is considered low.