Zhejiang Liju Thermal Equipment Past Earnings Performance

Past criteria checks 5/6

Zhejiang Liju Thermal Equipment has been growing earnings at an average annual rate of 15.7%, while the Machinery industry saw earnings growing at 7.4% annually. Revenues have been growing at an average rate of 14.3% per year. Zhejiang Liju Thermal Equipment's return on equity is 17%, and it has net margins of 25.9%.

Key information

15.7%

Earnings growth rate

22.0%

EPS growth rate

Machinery Industry Growth	11.8%
Revenue growth rate	14.3%
Return on equity	17.0%
Net Margin	25.9%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Zhejiang Liju Thermal Equipment makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SHSE:603391 Revenue, expenses and earnings (CNY Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Sep 24	1,293	335	180	58
30 Jun 24	1,256	288	172	59
31 Mar 24	1,251	286	166	57
31 Dec 23	1,204	268	173	56
31 Dec 22	984	164	168	48
31 Dec 21	794	181	156	47
31 Dec 20	678	184	123	42
31 Dec 19	694	140	137	82

Quality Earnings: 603391 has high quality earnings.

Growing Profit Margin: 603391's current net profit margins (25.9%) are higher than last year (21.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 603391's earnings have grown by 15.7% per year over the past 5 years.

Accelerating Growth: 603391's earnings growth over the past year (38.5%) exceeds its 5-year average (15.7% per year).

Earnings vs Industry: 603391 earnings growth over the past year (38.5%) exceeded the Machinery industry -0.2%.

Return on Equity

High ROE: 603391's Return on Equity (17%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 20:54
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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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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 Liju Thermal Equipment 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.

Analyst	Institution