Zhejiang Liju Thermal Equipment Past Earnings Performance
Past criteria checks 6/6
Zhejiang Liju Thermal Equipment has been growing earnings at an average annual rate of 14.5%, while the Machinery industry saw earnings growing at 9.6% annually. Revenues have been growing at an average rate of 20.5% per year. Zhejiang Liju Thermal Equipment's return on equity is 24.4%, and it has net margins of 22.9%.
Key information
14.5%
Earnings growth rate
50.9%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 20.5% |
| Return on equity | 24.4% |
| Net Margin | 22.9% |
| Last Earnings Update | 31 Mar 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
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 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 (22.9%) are higher than last year (18.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603391's earnings have grown by 14.5% per year over the past 5 years.
Accelerating Growth: 603391's earnings growth over the past year (51.2%) exceeds its 5-year average (14.5% per year).
Earnings vs Industry: 603391 earnings growth over the past year (51.2%) exceeded the Machinery industry 4.2%.
Return on Equity
High ROE: 603391's Return on Equity (24.4%) is considered high.