Zhejiang Goldensea Hi-Tech Past Earnings Performance
Past criteria checks 1/6
Zhejiang Goldensea Hi-Tech's earnings have been declining at an average annual rate of -7%, while the Building industry saw earnings growing at 4.2% annually. Revenues have been growing at an average rate of 5.1% per year. Zhejiang Goldensea Hi-Tech's return on equity is 3.8%, and it has net margins of 6.8%.
Key information
-7.0%
Earnings growth rate
-8.2%
EPS growth rate
| Building Industry Growth | 7.0% |
| Revenue growth rate | 5.1% |
| Return on equity | 3.8% |
| Net Margin | 6.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Zhejiang Goldensea Hi-Tech 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 | 708 | 48 | 90 | 21 |
| 31 Dec 23 | 725 | 49 | 95 | 20 |
| 30 Sep 23 | 775 | 33 | 91 | 18 |
| 30 Jun 23 | 815 | 70 | 101 | 16 |
| 31 Mar 23 | 794 | 73 | 102 | 14 |
| 31 Dec 22 | 789 | 76 | 100 | 14 |
| 30 Sep 22 | 797 | 86 | 96 | 13 |
| 30 Jun 22 | 750 | 64 | 83 | 19 |
| 31 Mar 22 | 764 | 63 | 93 | 21 |
| 31 Dec 21 | 758 | 71 | 91 | 22 |
| 30 Sep 21 | 739 | 91 | 99 | 19 |
| 30 Jun 21 | 741 | 95 | 100 | 15 |
| 31 Mar 21 | 725 | 98 | 85 | 15 |
| 31 Dec 20 | 693 | 93 | 85 | 14 |
| 30 Sep 20 | 653 | 88 | 93 | 19 |
| 30 Jun 20 | 642 | 82 | 89 | 16 |
| 31 Mar 20 | 664 | 87 | 98 | 15 |
| 31 Dec 19 | 649 | 80 | 94 | 14 |
| 30 Sep 19 | 638 | 68 | 96 | 11 |
| 30 Jun 19 | 618 | 68 | 96 | 14 |
| 31 Mar 19 | 568 | 65 | 90 | 13 |
| 31 Dec 18 | 565 | 65 | 89 | 13 |
| 30 Sep 18 | 550 | 64 | 90 | 13 |
| 30 Jun 18 | 533 | 79 | 80 | 16 |
| 31 Mar 18 | 535 | 78 | 81 | 13 |
| 31 Dec 17 | 522 | 80 | 81 | 10 |
| 30 Sep 17 | 528 | 89 | 75 | 11 |
| 30 Jun 17 | 524 | 76 | 84 | 0 |
| 31 Mar 17 | 504 | 74 | 82 | 0 |
| 31 Dec 16 | 488 | 71 | 82 | 0 |
| 30 Sep 16 | 468 | 71 | 79 | 0 |
| 30 Jun 16 | 439 | 65 | 74 | 0 |
| 31 Mar 16 | 429 | 57 | 74 | 0 |
| 31 Dec 15 | 419 | 52 | 73 | 0 |
| 30 Sep 15 | 428 | 53 | 69 | 0 |
| 30 Jun 15 | 434 | 53 | 72 | 0 |
| 31 Mar 15 | 421 | 53 | 67 | 0 |
| 31 Dec 14 | 412 | 51 | 65 | 0 |
| 31 Dec 13 | 349 | 40 | 58 | 0 |
Quality Earnings: 603311 has high quality earnings.
Growing Profit Margin: 603311's current net profit margins (6.8%) are lower than last year (9.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603311's earnings have declined by 7% per year over the past 5 years.
Accelerating Growth: 603311's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603311 had negative earnings growth (-34.3%) over the past year, making it difficult to compare to the Building industry average (5.9%).
Return on Equity
High ROE: 603311's Return on Equity (3.8%) is considered low.