Zhejiang Meilun Elevator Co., Ltd.

SHSE:603321 Stock Report

Market Cap: CN¥2.0b

Zhejiang Meilun Elevator Past Earnings Performance

Past criteria checks 4/6

Zhejiang Meilun Elevator has been growing earnings at an average annual rate of 26.7%, while the Machinery industry saw earnings growing at 7.4% annually. Revenues have been growing at an average rate of 5.8% per year. Zhejiang Meilun Elevator's return on equity is 10.8%, and it has net margins of 16.5%.

Key information

26.7%

Earnings growth rate

26.2%

EPS growth rate

Machinery Industry Growth11.8%
Revenue growth rate5.8%
Return on equity10.8%
Net Margin16.5%
Next Earnings Update29 Apr 2025

Recent past performance updates

Zhejiang Meilun Elevator's (SHSE:603321) Profits May Not Reveal Underlying Issues

Nov 04
Zhejiang Meilun Elevator's (SHSE:603321) Profits May Not Reveal Underlying Issues

We Think You Should Be Aware Of Some Concerning Factors In Zhejiang Meilun Elevator's (SHSE:603321) Earnings

May 03
We Think You Should Be Aware Of Some Concerning Factors In Zhejiang Meilun Elevator's (SHSE:603321) Earnings

Recent updates

Zhejiang Meilun Elevator's (SHSE:603321) Profits May Not Reveal Underlying Issues

Nov 04
Zhejiang Meilun Elevator's (SHSE:603321) Profits May Not Reveal Underlying Issues

Cautious Investors Not Rewarding Zhejiang Meilun Elevator Co., Ltd.'s (SHSE:603321) Performance Completely

Jul 19
Cautious Investors Not Rewarding Zhejiang Meilun Elevator Co., Ltd.'s (SHSE:603321) Performance Completely

We Think You Should Be Aware Of Some Concerning Factors In Zhejiang Meilun Elevator's (SHSE:603321) Earnings

May 03
We Think You Should Be Aware Of Some Concerning Factors In Zhejiang Meilun Elevator's (SHSE:603321) Earnings

There's Reason For Concern Over Zhejiang Meilun Elevator Co., Ltd.'s (SHSE:603321) Massive 36% Price Jump

Mar 09
There's Reason For Concern Over Zhejiang Meilun Elevator Co., Ltd.'s (SHSE:603321) Massive 36% Price Jump

Zhejiang Meilun Elevator (SHSE:603321) Could Be Struggling To Allocate Capital

Feb 29
Zhejiang Meilun Elevator (SHSE:603321) Could Be Struggling To Allocate Capital

Revenue & Expenses Breakdown

How Zhejiang Meilun Elevator makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SHSE:603321 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2481613514543
30 Jun 2486214216042
31 Mar 2495714616942
31 Dec 239558217240
30 Sep 239196417537
30 Jun 239885317540
31 Mar 239835316840
31 Dec 221,0164715941
30 Sep 221,1745618145
30 Jun 221,1324818143
31 Mar 221,1064417041
31 Dec 211,0604416940
30 Sep 219314715135
30 Jun 218405112532
31 Mar 217955613133
31 Dec 207265112530
30 Sep 207264712027
30 Jun 207294112228
31 Mar 206873311027
31 Dec 197374012228
30 Sep 197313512830
30 Jun 197113911828
31 Mar 197414712627
31 Dec 187385011927
30 Sep 186855911126
30 Jun 186986810238
31 Mar 187457811231
31 Dec 177327711426
30 Sep 178279613718
31 Dec 16781911590
31 Dec 158621121510
31 Dec 14822881480

Quality Earnings: 603321 has a large one-off gain of CN¥81.0M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 603321's current net profit margins (16.5%) are higher than last year (6.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 603321's earnings have grown significantly by 26.7% per year over the past 5 years.

Accelerating Growth: 603321's earnings growth over the past year (111.7%) exceeds its 5-year average (26.7% per year).

Earnings vs Industry: 603321 earnings growth over the past year (111.7%) exceeded the Machinery industry -0.06%.


Return on Equity

High ROE: 603321's Return on Equity (10.8%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 22:17
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Zhejiang Meilun Elevator Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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