Zhiyang Innovation Technology Past Earnings Performance
Past criteria checks 4/6
Zhiyang Innovation Technology's earnings have been declining at an average annual rate of -26.3%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 14.7% per year. Zhiyang Innovation Technology's return on equity is 5%, and it has net margins of 5%.
Key information
-26.3%
Earnings growth rate
-34.5%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 14.7% |
| Return on equity | 5.0% |
| Net Margin | 5.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Zhiyang Innovation Technology's (SHSE:688191) Solid Profits Have Weak Fundamentals
Nov 01
There May Be Underlying Issues With The Quality Of Zhiyang Innovation Technology's (SHSE:688191) Earnings
May 02Recent updates
Zhiyang Innovation Technology Co., Ltd. (SHSE:688191) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Nov 11Zhiyang Innovation Technology's (SHSE:688191) Solid Profits Have Weak Fundamentals
Nov 01Zhiyang Innovation Technology (SHSE:688191) Will Want To Turn Around Its Return Trends
Sep 30There May Be Underlying Issues With The Quality Of Zhiyang Innovation Technology's (SHSE:688191) Earnings
May 02Zhiyang Innovation Technology Co., Ltd. (SHSE:688191) Not Flying Under The Radar
Apr 25Zhiyang Innovation Technology's (SHSE:688191) Returns On Capital Not Reflecting Well On The Business
Mar 19Revenue & Expenses Breakdown
How Zhiyang Innovation Technology 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 |
|---|---|---|---|---|
| 30 Sep 24 | 911 | 45 | 182 | 103 |
| 30 Jun 24 | 856 | 43 | 174 | 101 |
| 31 Mar 24 | 816 | 44 | 170 | 103 |
| 31 Dec 23 | 798 | 42 | 166 | 101 |
| 30 Sep 23 | 771 | 35 | 147 | 105 |
| 30 Jun 23 | 734 | 34 | 141 | 97 |
| 31 Mar 23 | 637 | 7 | 130 | 91 |
| 31 Dec 22 | 671 | 28 | 131 | 87 |
| 30 Sep 22 | 734 | 45 | 137 | 79 |
| 30 Jun 22 | 732 | 64 | 132 | 79 |
| 31 Mar 22 | 747 | 88 | 123 | 74 |
| 31 Dec 21 | 656 | 70 | 116 | 69 |
| 30 Sep 21 | 613 | 93 | 94 | 61 |
| 30 Jun 21 | 577 | 86 | 92 | 52 |
| 31 Mar 21 | 520 | 90 | 82 | 45 |
| 31 Dec 20 | 502 | 92 | 76 | 39 |
| 31 Dec 19 | 329 | 85 | 51 | 29 |
| 31 Dec 18 | 219 | 40 | 49 | 22 |
| 31 Dec 17 | 137 | 28 | 33 | 15 |
Quality Earnings: 688191 has high quality earnings.
Growing Profit Margin: 688191's current net profit margins (5%) are higher than last year (4.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688191's earnings have declined by 26.3% per year over the past 5 years.
Accelerating Growth: 688191's earnings growth over the past year (27.7%) exceeds its 5-year average (-26.3% per year).
Earnings vs Industry: 688191 earnings growth over the past year (27.7%) exceeded the Electrical industry 1.1%.
Return on Equity
High ROE: 688191's Return on Equity (5%) is considered low.