Zhejiang Meilun Elevator Past Earnings Performance
Past criteria checks 4/6
Zhejiang Meilun Elevator has been growing earnings at an average annual rate of 17.9%, while the Machinery industry saw earnings growing at 9.5% annually. Revenues have been growing at an average rate of 8.6% per year. Zhejiang Meilun Elevator's return on equity is 11.8%, and it has net margins of 15.2%.
Key information
17.9%
Earnings growth rate
18.0%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 8.6% |
| Return on equity | 11.8% |
| Net Margin | 15.2% |
| Next Earnings Update | 28 Aug 2024 |
Recent past performance updates
Recent updates
Cautious Investors Not Rewarding Zhejiang Meilun Elevator Co., Ltd.'s (SHSE:603321) Performance Completely
Jul 19
We Think You Should Be Aware Of Some Concerning Factors In Zhejiang Meilun Elevator's (SHSE:603321) Earnings
May 03There's Reason For Concern Over Zhejiang Meilun Elevator Co., Ltd.'s (SHSE:603321) Massive 36% Price Jump
Mar 09Zhejiang Meilun Elevator (SHSE:603321) Could Be Struggling To Allocate Capital
Feb 29Revenue & Expenses Breakdown
How Zhejiang Meilun Elevator 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 | 957 | 146 | 169 | 42 |
| 31 Dec 23 | 955 | 82 | 172 | 40 |
| 30 Sep 23 | 919 | 64 | 175 | 37 |
| 30 Jun 23 | 988 | 53 | 175 | 40 |
| 31 Mar 23 | 983 | 53 | 168 | 40 |
| 31 Dec 22 | 1,016 | 47 | 159 | 41 |
| 30 Sep 22 | 1,174 | 56 | 181 | 45 |
| 30 Jun 22 | 1,132 | 48 | 181 | 43 |
| 31 Mar 22 | 1,106 | 44 | 170 | 41 |
| 31 Dec 21 | 1,060 | 44 | 169 | 40 |
| 30 Sep 21 | 931 | 47 | 151 | 35 |
| 30 Jun 21 | 840 | 51 | 125 | 32 |
| 31 Mar 21 | 795 | 56 | 131 | 33 |
| 31 Dec 20 | 726 | 51 | 125 | 30 |
| 30 Sep 20 | 726 | 47 | 120 | 27 |
| 30 Jun 20 | 729 | 41 | 122 | 28 |
| 31 Mar 20 | 687 | 33 | 110 | 27 |
| 31 Dec 19 | 737 | 40 | 122 | 28 |
| 30 Sep 19 | 731 | 35 | 128 | 30 |
| 30 Jun 19 | 711 | 39 | 118 | 28 |
| 31 Mar 19 | 741 | 47 | 126 | 27 |
| 31 Dec 18 | 738 | 50 | 119 | 27 |
| 30 Sep 18 | 685 | 59 | 111 | 26 |
| 30 Jun 18 | 698 | 68 | 102 | 38 |
| 31 Mar 18 | 745 | 78 | 112 | 31 |
| 31 Dec 17 | 732 | 77 | 114 | 26 |
| 30 Sep 17 | 827 | 96 | 137 | 18 |
| 31 Dec 16 | 781 | 91 | 159 | 0 |
| 31 Dec 15 | 862 | 112 | 151 | 0 |
| 31 Dec 14 | 822 | 88 | 148 | 0 |
Quality Earnings: 603321 has a large one-off gain of CN¥91.9M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 603321's current net profit margins (15.2%) are higher than last year (5.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603321's earnings have grown by 17.9% per year over the past 5 years.
Accelerating Growth: 603321's earnings growth over the past year (173.6%) exceeds its 5-year average (17.9% per year).
Earnings vs Industry: 603321 earnings growth over the past year (173.6%) exceeded the Machinery industry 4.2%.
Return on Equity
High ROE: 603321's Return on Equity (11.8%) is considered low.