Qingdao Daneng Environmental Protection Equipment Past Earnings Performance
Past criteria checks 4/6
Qingdao Daneng Environmental Protection Equipment has been growing earnings at an average annual rate of 15.3%, while the Machinery industry saw earnings growing at 9.5% annually. Revenues have been growing at an average rate of 23.3% per year. Qingdao Daneng Environmental Protection Equipment's return on equity is 10.6%, and it has net margins of 8.4%.
Key information
15.3%
Earnings growth rate
6.2%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 23.3% |
| Return on equity | 10.6% |
| Net Margin | 8.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Qingdao Daneng Environmental Protection 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 | 1,101 | 92 | 195 | 53 |
| 31 Dec 23 | 1,029 | 87 | 189 | 51 |
| 30 Sep 23 | 929 | 67 | 167 | 39 |
| 30 Jun 23 | 901 | 65 | 158 | 38 |
| 31 Mar 23 | 811 | 65 | 141 | 33 |
| 31 Dec 22 | 762 | 59 | 127 | 33 |
| 30 Sep 22 | 691 | 57 | 112 | 36 |
| 30 Jun 22 | 669 | 59 | 105 | 35 |
| 31 Mar 22 | 635 | 55 | 94 | 33 |
| 31 Dec 21 | 628 | 56 | 90 | 31 |
| 30 Sep 21 | 583 | 57 | 88 | 28 |
| 30 Jun 21 | 592 | 55 | 78 | 25 |
| 31 Mar 21 | 563 | 46 | 82 | 25 |
| 31 Dec 20 | 558 | 48 | 79 | 25 |
| 31 Dec 19 | 529 | 46 | 81 | 22 |
| 31 Dec 18 | 587 | 55 | 80 | 21 |
Quality Earnings: 688501 has a high level of non-cash earnings.
Growing Profit Margin: 688501's current net profit margins (8.4%) are higher than last year (8.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688501's earnings have grown by 15.3% per year over the past 5 years.
Accelerating Growth: 688501's earnings growth over the past year (40.4%) exceeds its 5-year average (15.3% per year).
Earnings vs Industry: 688501 earnings growth over the past year (40.4%) exceeded the Machinery industry 2.8%.
Return on Equity
High ROE: 688501's Return on Equity (10.6%) is considered low.