Hefei Taihe Intelligent Technology GroupLtd Past Earnings Performance
Past criteria checks 3/6
Hefei Taihe Intelligent Technology GroupLtd's earnings have been declining at an average annual rate of -27.2%, while the Machinery industry saw earnings growing at 9.5% annually. Revenues have been growing at an average rate of 6.3% per year. Hefei Taihe Intelligent Technology GroupLtd's return on equity is 0.9%, and it has net margins of 2.9%.
Key information
-27.2%
Earnings growth rate
-28.7%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 6.3% |
| Return on equity | 0.9% |
| Net Margin | 2.9% |
| Next Earnings Update | 27 Aug 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Hefei Taihe Intelligent Technology GroupLtd 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 | 510 | 15 | 169 | 61 |
| 31 Dec 23 | 509 | 11 | 167 | 60 |
| 30 Sep 23 | 521 | 26 | 166 | 53 |
| 30 Jun 23 | 502 | 19 | 163 | 54 |
| 31 Mar 23 | 479 | 11 | 156 | 53 |
| 31 Dec 22 | 479 | 22 | 155 | 55 |
| 30 Sep 22 | 484 | 43 | 156 | 63 |
| 30 Jun 22 | 497 | 51 | 152 | 61 |
| 31 Mar 22 | 527 | 52 | 161 | 63 |
| 31 Dec 21 | 519 | 38 | 166 | 64 |
| 30 Sep 21 | 496 | 24 | 170 | 62 |
| 30 Jun 21 | 510 | 27 | 173 | 63 |
| 31 Mar 21 | 492 | 34 | 160 | 58 |
| 31 Dec 20 | 475 | 43 | 147 | 55 |
| 30 Sep 20 | 439 | 45 | 138 | 54 |
| 30 Jun 20 | 414 | 61 | 138 | 51 |
| 31 Mar 20 | 384 | 62 | 135 | 52 |
| 31 Dec 19 | 385 | 62 | 134 | 50 |
| 30 Sep 19 | 380 | 67 | 129 | 47 |
| 30 Jun 19 | 373 | 65 | 116 | 43 |
| 31 Mar 19 | 386 | 72 | 117 | 39 |
| 31 Dec 18 | 407 | 81 | 121 | 38 |
| 30 Sep 18 | 407 | 91 | 112 | 34 |
| 30 Jun 18 | 416 | 94 | 97 | 45 |
| 31 Mar 18 | 399 | 88 | 93 | 36 |
| 31 Dec 17 | 385 | 87 | 95 | 28 |
| 30 Sep 17 | 376 | 86 | 94 | 20 |
| 30 Jun 17 | 366 | 84 | 111 | 0 |
| 31 Mar 17 | 371 | 84 | 111 | 0 |
| 31 Dec 16 | 371 | 84 | 108 | 0 |
| 31 Dec 15 | 310 | 75 | 89 | 0 |
| 31 Dec 14 | 273 | 73 | 77 | 0 |
| 31 Dec 13 | 210 | 59 | 52 | 0 |
Quality Earnings: 603656 has a large one-off gain of CN¥12.1M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 603656's current net profit margins (2.9%) are higher than last year (2.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603656's earnings have declined by 27.2% per year over the past 5 years.
Accelerating Growth: 603656's earnings growth over the past year (39.9%) exceeds its 5-year average (-27.2% per year).
Earnings vs Industry: 603656 earnings growth over the past year (39.9%) exceeded the Machinery industry 4.3%.
Return on Equity
High ROE: 603656's Return on Equity (0.9%) is considered low.