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 17.9%, while the Machinery industry saw earnings growing at 7.3% annually. Revenues have been growing at an average rate of 21% per year. Qingdao Daneng Environmental Protection Equipment's return on equity is 11.1%, and it has net margins of 7.8%.
Key information
17.9%
Earnings growth rate
9.9%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 21.0% |
| Return on equity | 11.1% |
| Net Margin | 7.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Market Still Lacking Some Conviction On Qingdao Daneng Environmental Protection Equipment Co., Ltd. (SHSE:688501)
Sep 28
The Returns On Capital At Qingdao Daneng Environmental Protection Equipment (SHSE:688501) Don't Inspire Confidence
Aug 30A Piece Of The Puzzle Missing From Qingdao Daneng Environmental Protection Equipment Co., Ltd.'s (SHSE:688501) Share Price
Jun 07Investors Shouldn't Be Too Comfortable With Qingdao Daneng Environmental Protection Equipment's (SHSE:688501) Earnings
Apr 24Qingdao Daneng Environmental Protection Equipment Co., Ltd. (SHSE:688501) Stock Rockets 26% But Many Are Still Ignoring The Company
Mar 04Revenue & 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 |
|---|---|---|---|---|
| 30 Sep 24 | 1,286 | 100 | 237 | 55 |
| 30 Jun 24 | 1,191 | 98 | 221 | 53 |
| 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 | 154 | 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 (7.8%) are higher than last year (7.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688501's earnings have grown by 17.9% per year over the past 5 years.
Accelerating Growth: 688501's earnings growth over the past year (50.2%) exceeds its 5-year average (17.9% per year).
Earnings vs Industry: 688501 earnings growth over the past year (50.2%) exceeded the Machinery industry -0.4%.
Return on Equity
High ROE: 688501's Return on Equity (11.1%) is considered low.