Shandong Golden Empire Precision Machinery Technology Past Earnings Performance
Past criteria checks 1/6
Shandong Golden Empire Precision Machinery Technology has been growing earnings at an average annual rate of 13.4%, while the Machinery industry saw earnings growing at 9.4% annually. Revenues have been growing at an average rate of 9.8% per year. Shandong Golden Empire Precision Machinery Technology's return on equity is 6%, and it has net margins of 10.8%.
Key information
13.4%
Earnings growth rate
6.1%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 9.8% |
| Return on equity | 6.0% |
| Net Margin | 10.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Shandong Golden Empire Precision Machinery Technology 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 | 1,169 | 127 | 138 | 97 |
| 31 Dec 23 | 1,136 | 132 | 134 | 88 |
| 30 Sep 23 | 1,183 | 148 | 133 | 83 |
| 31 Mar 23 | 1,065 | 123 | 126 | 69 |
| 31 Dec 22 | 1,097 | 127 | 122 | 73 |
| 31 Dec 21 | 914 | 115 | 94 | 56 |
| 31 Dec 20 | 632 | 110 | 69 | 37 |
| 31 Dec 19 | 533 | 55 | 72 | 34 |
Quality Earnings: 603270 has a large one-off gain of CN¥33.5M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 603270's current net profit margins (10.8%) are lower than last year (11.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603270's earnings have grown by 13.4% per year over the past 5 years.
Accelerating Growth: 603270's earnings growth over the past year (2.9%) is below its 5-year average (13.4% per year).
Earnings vs Industry: 603270 earnings growth over the past year (2.9%) did not outperform the Machinery industry 3.2%.
Return on Equity
High ROE: 603270's Return on Equity (6%) is considered low.