Sichuan Zigong Conveying Machine Group Past Earnings Performance
Past criteria checks 3/6
Sichuan Zigong Conveying Machine Group has been growing earnings at an average annual rate of 4%, while the Machinery industry saw earnings growing at 7.3% annually. Revenues have been growing at an average rate of 11.4% per year. Sichuan Zigong Conveying Machine Group's return on equity is 5.5%, and it has net margins of 9.1%.
Key information
4.0%
Earnings growth rate
-3.9%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 11.4% |
| Return on equity | 5.5% |
| Net Margin | 9.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Sichuan Zigong Conveying Machine Group (SZSE:001288) Strong Profits May Be Masking Some Underlying Issues
Nov 05
Solid Earnings May Not Tell The Whole Story For Sichuan Zigong Conveying Machine Group (SZSE:001288)
Apr 25Recent updates
Sichuan Zigong Conveying Machine Group (SZSE:001288) Strong Profits May Be Masking Some Underlying Issues
Nov 05Sichuan Zigong Conveying Machine Group (SZSE:001288) May Have Issues Allocating Its Capital
Sep 28Solid Earnings May Not Tell The Whole Story For Sichuan Zigong Conveying Machine Group (SZSE:001288)
Apr 25Sichuan Zigong Conveying Machine Group Co., Ltd.'s (SZSE:001288) Shares Climb 29% But Its Business Is Yet to Catch Up
Apr 02There Are Reasons To Feel Uneasy About Sichuan Zigong Conveying Machine Group's (SZSE:001288) Returns On Capital
Mar 06Revenue & Expenses Breakdown
How Sichuan Zigong Conveying Machine Group 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 | 1,279 | 117 | 168 | 38 |
| 30 Jun 24 | 1,177 | 114 | 123 | 38 |
| 31 Mar 24 | 1,120 | 106 | 119 | 33 |
| 31 Dec 23 | 1,053 | 102 | 92 | 35 |
| 30 Sep 23 | 1,074 | 101 | 115 | 31 |
| 01 Jan 23 | 914 | 86 | 115 | 19 |
| 01 Jan 22 | 788 | 85 | 80 | 14 |
| 31 Dec 20 | 691 | 101 | 67 | 15 |
| 31 Dec 19 | 775 | 94 | 75 | 15 |
| 31 Dec 18 | 782 | 99 | 45 | 16 |
| 31 Dec 17 | 626 | 72 | 42 | 14 |
Quality Earnings: 001288 has a high level of non-cash earnings.
Growing Profit Margin: 001288's current net profit margins (9.1%) are lower than last year (9.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 001288's earnings have grown by 4% per year over the past 5 years.
Accelerating Growth: 001288's earnings growth over the past year (15.5%) exceeds its 5-year average (4% per year).
Earnings vs Industry: 001288 earnings growth over the past year (15.5%) exceeded the Machinery industry -0.4%.
Return on Equity
High ROE: 001288's Return on Equity (5.5%) is considered low.