WPG (Shanghai) Smart Water PublicLtd Past Earnings Performance
Past criteria checks 1/6
WPG (Shanghai) Smart Water PublicLtd's earnings have been declining at an average annual rate of -36.5%, while the Machinery industry saw earnings growing at 10.4% annually. Revenues have been growing at an average rate of 12.3% per year. WPG (Shanghai) Smart Water PublicLtd's return on equity is 1%, and it has net margins of 1.6%.
Key information
-36.5%
Earnings growth rate
-36.2%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 12.3% |
| Return on equity | 1.0% |
| Net Margin | 1.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How WPG (Shanghai) Smart Water PublicLtd 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 Dec 23 | 1,417 | 23 | 572 | 130 |
| 30 Sep 23 | 1,311 | -63 | 623 | 142 |
| 30 Jun 23 | 1,187 | -126 | 652 | 116 |
| 31 Mar 23 | 1,103 | -134 | 640 | 115 |
| 31 Dec 22 | 1,057 | -144 | 624 | 105 |
| 30 Sep 22 | 976 | -86 | 567 | 101 |
| 30 Jun 22 | 1,136 | 46 | 542 | 102 |
| 31 Mar 22 | 1,226 | 127 | 527 | 97 |
| 31 Dec 21 | 1,264 | 196 | 505 | 94 |
| 30 Sep 21 | 1,215 | 228 | 480 | 91 |
| 30 Jun 21 | 1,136 | 215 | 464 | 86 |
| 31 Mar 21 | 1,070 | 209 | 441 | 79 |
| 31 Dec 20 | 1,002 | 171 | 429 | 74 |
| 30 Sep 20 | 917 | 132 | 413 | 75 |
| 30 Jun 20 | 857 | 111 | 406 | 69 |
| 31 Mar 20 | 865 | 120 | 403 | 65 |
| 31 Dec 19 | 859 | 120 | 398 | 66 |
| 30 Sep 19 | 758 | 121 | 337 | 49 |
| 30 Jun 19 | 711 | 121 | 302 | 47 |
| 31 Mar 19 | 661 | 118 | 279 | 46 |
| 31 Dec 18 | 652 | 116 | 279 | 42 |
| 30 Sep 18 | 651 | 122 | 463 | 64 |
| 31 Dec 17 | 593 | 109 | 266 | 35 |
| 30 Jun 17 | 529 | 85 | 73 | 0 |
| 31 Mar 17 | 527 | 97 | 158 | 0 |
| 31 Dec 16 | 524 | 106 | 222 | 28 |
| 30 Sep 16 | 515 | 110 | 231 | 0 |
| 30 Jun 16 | 505 | 111 | 220 | 0 |
| 31 Mar 16 | 488 | 101 | 219 | 0 |
| 31 Dec 15 | 476 | 92 | 202 | 20 |
| 31 Dec 14 | 424 | 70 | 193 | 0 |
Quality Earnings: 603956 has a large one-off gain of CN¥13.4M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 603956 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603956's earnings have declined by 36.5% per year over the past 5 years.
Accelerating Growth: 603956 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 603956 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (2.3%).
Return on Equity
High ROE: 603956's Return on Equity (1%) is considered low.