Zhejiang Yaguang TechnologyLtd Past Earnings Performance
Past criteria checks 1/6
Zhejiang Yaguang TechnologyLtd has been growing earnings at an average annual rate of 24%, while the Machinery industry saw earnings growing at 9.4% annually. Revenues have been declining at an average rate of 7.2% per year. Zhejiang Yaguang TechnologyLtd's return on equity is 12.9%, and it has net margins of 17.4%.
Key information
24.0%
Earnings growth rate
19.0%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | -7.2% |
| Return on equity | 12.9% |
| Net Margin | 17.4% |
| Next Earnings Update | 24 Aug 2024 |
Revenue & Expenses Breakdown
How Zhejiang Yaguang TechnologyLtd 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 | 939 | 163 | 107 | 47 |
| 31 Dec 23 | 975 | 161 | 110 | 47 |
| 30 Sep 23 | 1,102 | 203 | 124 | 48 |
| 30 Jun 23 | 1,057 | 186 | 120 | 47 |
| 31 Mar 23 | 1,012 | 187 | 107 | 42 |
| 31 Dec 22 | 916 | 168 | 99 | 41 |
| 30 Sep 22 | 702 | 119 | 77 | 32 |
| 30 Jun 22 | 620 | 108 | 68 | 30 |
| 31 Mar 22 | 527 | 93 | 61 | 26 |
| 31 Dec 21 | 484 | 94 | 58 | 24 |
| 31 Dec 20 | 418 | 84 | 61 | 21 |
| 31 Dec 19 | 318 | 64 | 56 | 15 |
| 31 Dec 18 | 270 | 22 | 69 | 12 |
| 30 Jun 17 | 77 | 12 | 24 | 0 |
| 31 Mar 17 | 76 | 11 | 23 | 0 |
| 31 Dec 16 | 76 | 11 | 23 | 0 |
| 31 Dec 15 | 122 | 14 | 25 | 0 |
Quality Earnings: 603282 has a high level of non-cash earnings.
Growing Profit Margin: 603282's current net profit margins (17.4%) are lower than last year (18.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603282's earnings have grown significantly by 24% per year over the past 5 years.
Accelerating Growth: 603282's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603282 had negative earnings growth (-12.5%) over the past year, making it difficult to compare to the Machinery industry average (3.2%).
Return on Equity
High ROE: 603282's Return on Equity (12.9%) is considered low.