Zhejiang Xidamen New MaterialLtd Past Earnings Performance
Past criteria checks 4/6
Zhejiang Xidamen New MaterialLtd has been growing earnings at an average annual rate of 2.3%, while the Building industry saw earnings growing at 3.6% annually. Revenues have been growing at an average rate of 16.4% per year. Zhejiang Xidamen New MaterialLtd's return on equity is 7.9%, and it has net margins of 14.3%.
Key information
2.3%
Earnings growth rate
-6.2%
EPS growth rate
| Building Industry Growth | 7.0% |
| Revenue growth rate | 16.4% |
| Return on equity | 7.9% |
| Net Margin | 14.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Zhejiang Xidamen New MaterialLtd 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 | 683 | 98 | 147 | 28 |
| 31 Dec 23 | 637 | 91 | 134 | 26 |
| 30 Sep 23 | 584 | 92 | 119 | 21 |
| 30 Jun 23 | 548 | 90 | 104 | 20 |
| 31 Mar 23 | 505 | 79 | 89 | 19 |
| 31 Dec 22 | 499 | 82 | 80 | 19 |
| 30 Sep 22 | 496 | 83 | 71 | 20 |
| 30 Jun 22 | 485 | 85 | 69 | 20 |
| 31 Mar 22 | 487 | 91 | 62 | 19 |
| 31 Dec 21 | 465 | 90 | 58 | 18 |
| 30 Sep 21 | 444 | 93 | 52 | 17 |
| 30 Jun 21 | 413 | 89 | 42 | 15 |
| 31 Mar 21 | 378 | 80 | 38 | 14 |
| 31 Dec 20 | 354 | 78 | 34 | 13 |
| 30 Sep 20 | 351 | 81 | 60 | 24 |
| 31 Dec 19 | 409 | 88 | 38 | 15 |
| 31 Dec 18 | 391 | 76 | 36 | 14 |
| 31 Dec 17 | 348 | 61 | 32 | 15 |
| 31 Dec 16 | 309 | 50 | 27 | 15 |
Quality Earnings: 605155 has high quality earnings.
Growing Profit Margin: 605155's current net profit margins (14.3%) are lower than last year (15.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 605155's earnings have grown by 2.3% per year over the past 5 years.
Accelerating Growth: 605155's earnings growth over the past year (23.6%) exceeds its 5-year average (2.3% per year).
Earnings vs Industry: 605155 earnings growth over the past year (23.6%) exceeded the Building industry 7.9%.
Return on Equity
High ROE: 605155's Return on Equity (7.9%) is considered low.