China Railway High-speed Electrification Equipment Past Earnings Performance
Past criteria checks 0/6
China Railway High-speed Electrification Equipment's earnings have been declining at an average annual rate of -6%, while the Machinery industry saw earnings growing at 10.4% annually. Revenues have been growing at an average rate of 0.4% per year. China Railway High-speed Electrification Equipment's return on equity is 2.9%, and it has net margins of 3.7%.
Key information
-6.0%
Earnings growth rate
-12.7%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 0.4% |
| Return on equity | 2.9% |
| Net Margin | 3.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How China Railway High-speed Electrification 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 | 1,104 | 41 | 92 | 56 |
| 31 Dec 23 | 1,203 | 55 | 97 | 59 |
| 30 Sep 23 | 1,376 | 125 | 93 | 64 |
| 30 Jun 23 | 1,355 | 130 | 92 | 63 |
| 31 Mar 23 | 1,441 | 134 | 90 | 63 |
| 31 Dec 22 | 1,488 | 142 | 86 | 61 |
| 30 Sep 22 | 1,191 | 115 | 71 | 56 |
| 30 Jun 22 | 1,246 | 117 | 70 | 58 |
| 31 Mar 22 | 1,378 | 129 | 79 | 58 |
| 31 Dec 21 | 1,415 | 141 | 79 | 57 |
| 30 Sep 21 | 1,449 | 139 | 84 | 63 |
| 30 Jun 21 | 1,507 | 157 | 86 | 63 |
| 31 Mar 21 | 1,404 | 165 | 53 | 60 |
| 31 Dec 20 | 1,355 | 159 | 46 | 53 |
| 30 Sep 20 | 1,332 | 167 | 39 | 49 |
| 30 Jun 20 | 1,309 | 175 | 32 | 45 |
| 31 Mar 20 | 1,222 | 144 | 63 | 42 |
| 31 Dec 19 | 1,287 | 141 | 75 | 48 |
| 30 Sep 19 | 1,244 | 116 | 73 | 48 |
| 30 Jun 19 | 1,202 | 92 | 71 | 48 |
| 31 Mar 19 | 1,268 | 89 | 78 | 52 |
| 01 Jan 19 | 1,127 | 75 | 79 | 40 |
| 31 Dec 17 | 1,062 | 70 | 79 | 45 |
| 31 Dec 16 | 969 | 30 | 158 | 0 |
Quality Earnings: 688285 has a large one-off gain of CN¥11.3M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 688285's current net profit margins (3.7%) are lower than last year (9.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688285's earnings have declined by 6% per year over the past 5 years.
Accelerating Growth: 688285's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688285 had negative earnings growth (-69.4%) over the past year, making it difficult to compare to the Machinery industry average (2.3%).
Return on Equity
High ROE: 688285's Return on Equity (2.9%) is considered low.