Suzhou West Deane New Power ElectricLtd Past Earnings Performance
Past criteria checks 2/6
Suzhou West Deane New Power ElectricLtd has been growing earnings at an average annual rate of 24.4%, while the Electrical industry saw earnings growing at 12.3% annually. Revenues have been growing at an average rate of 9% per year. Suzhou West Deane New Power ElectricLtd's return on equity is 11.5%, and it has net margins of 11.1%.
Key information
24.4%
Earnings growth rate
17.0%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 9.0% |
| Return on equity | 11.5% |
| Net Margin | 11.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Suzhou West Deane New Power ElectricLtd 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 | 1,838 | 203 | 38 | 54 |
| 31 Dec 23 | 1,835 | 198 | 35 | 51 |
| 30 Sep 23 | 1,877 | 182 | 49 | 48 |
| 31 Dec 22 | 1,593 | 155 | 49 | 48 |
Quality Earnings: 603312 has a high level of non-cash earnings.
Growing Profit Margin: 603312's current net profit margins (11.1%) are higher than last year (9.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if 603312's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare 603312's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: 603312 earnings growth over the past year (24.4%) exceeded the Electrical industry 0.6%.
Return on Equity
High ROE: 603312's Return on Equity (11.5%) is considered low.