Riyue Heavy IndustryLtd Past Earnings Performance
Past criteria checks 3/6
Riyue Heavy IndustryLtd's earnings have been declining at an average annual rate of -8.6%, while the Machinery industry saw earnings growing at 7.3% annually. Revenues have been growing at an average rate of 2.6% per year. Riyue Heavy IndustryLtd's return on equity is 6.2%, and it has net margins of 14.7%.
Key information
-8.6%
Earnings growth rate
-16.5%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 2.6% |
| Return on equity | 6.2% |
| Net Margin | 14.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Riyue Heavy IndustryLtd's (SHSE:603218) Profits May Be Overstating Its True Earnings Potential
Nov 06
Riyue Heavy IndustryLtd's (SHSE:603218) Solid Earnings May Rest On Weak Foundations
May 06Recent updates
Riyue Heavy IndustryLtd's (SHSE:603218) Profits May Be Overstating Its True Earnings Potential
Nov 06Riyue Heavy Industry Co.,Ltd's (SHSE:603218) Share Price Is Matching Sentiment Around Its Earnings
Sep 30Sentiment Still Eluding Riyue Heavy Industry Co.,Ltd (SHSE:603218)
Jun 24Riyue Heavy Industry Co.,Ltd's (SHSE:603218) Intrinsic Value Is Potentially 20% Below Its Share Price
Jun 08Riyue Heavy IndustryLtd's (SHSE:603218) Solid Earnings May Rest On Weak Foundations
May 06Riyue Heavy Industry Co., Ltd. (SHSE:603218) Soars 26% But It's A Story Of Risk Vs Reward
Mar 07The Returns On Capital At Riyue Heavy Industry (SHSE:603218) Don't Inspire Confidence
Mar 01Revenue & Expenses Breakdown
How Riyue Heavy IndustryLtd 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 | 4,310 | 635 | 190 | 227 |
| 30 Jun 24 | 4,047 | 612 | 200 | 220 |
| 31 Mar 24 | 4,281 | 437 | 209 | 232 |
| 31 Dec 23 | 4,656 | 482 | 204 | 259 |
| 30 Sep 23 | 5,069 | 527 | 253 | 254 |
| 30 Jun 23 | 5,221 | 533 | 247 | 244 |
| 31 Mar 23 | 4,956 | 416 | 239 | 237 |
| 31 Dec 22 | 4,865 | 344 | 217 | 222 |
| 30 Sep 22 | 4,551 | 267 | 171 | 194 |
| 30 Jun 22 | 4,264 | 301 | 147 | 178 |
| 31 Mar 22 | 4,438 | 454 | 136 | 177 |
| 31 Dec 21 | 4,712 | 667 | 152 | 184 |
| 30 Sep 21 | 4,864 | 848 | 140 | 215 |
| 30 Jun 21 | 5,364 | 1,041 | 153 | 229 |
| 31 Mar 21 | 5,533 | 1,121 | 158 | 220 |
| 31 Dec 20 | 5,111 | 979 | 149 | 200 |
| 30 Sep 20 | 4,778 | 862 | 178 | 170 |
| 30 Jun 20 | 4,184 | 698 | 178 | 157 |
| 31 Mar 20 | 3,645 | 552 | 170 | 142 |
| 31 Dec 19 | 3,486 | 505 | 176 | 135 |
| 30 Sep 19 | 3,134 | 426 | 154 | 121 |
| 30 Jun 19 | 2,863 | 377 | 136 | 108 |
| 31 Mar 19 | 2,575 | 315 | 129 | 97 |
| 31 Dec 18 | 2,351 | 281 | 112 | 94 |
| 30 Sep 18 | 2,157 | 243 | 118 | 88 |
| 30 Jun 18 | 2,038 | 222 | 90 | 111 |
| 31 Mar 18 | 1,949 | 219 | 107 | 89 |
| 31 Dec 17 | 1,831 | 227 | 118 | 68 |
| 30 Sep 17 | 1,766 | 279 | 108 | 47 |
| 30 Jun 17 | 1,659 | 306 | 146 | 0 |
| 31 Mar 17 | 1,610 | 335 | 146 | 0 |
| 31 Dec 16 | 1,600 | 339 | 150 | 0 |
| 30 Sep 16 | 1,655 | 373 | 280 | 0 |
| 31 Dec 15 | 1,881 | 424 | 161 | 0 |
| 31 Dec 14 | 1,445 | 243 | 144 | 0 |
| 31 Dec 13 | 1,086 | 140 | 105 | 0 |
Quality Earnings: 603218 has a high level of non-cash earnings.
Growing Profit Margin: 603218's current net profit margins (14.7%) are higher than last year (10.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603218's earnings have declined by 8.6% per year over the past 5 years.
Accelerating Growth: 603218's earnings growth over the past year (20.5%) exceeds its 5-year average (-8.6% per year).
Earnings vs Industry: 603218 earnings growth over the past year (20.5%) exceeded the Machinery industry -0.4%.
Return on Equity
High ROE: 603218's Return on Equity (6.2%) is considered low.