Changzhou Evergreen Technology Past Earnings Performance
Past criteria checks 2/6
Changzhou Evergreen Technology has been growing earnings at an average annual rate of 2.8%, while the Machinery industry saw earnings growing at 10.4% annually. Revenues have been declining at an average rate of 1.8% per year. Changzhou Evergreen Technology's return on equity is 6.6%, and it has net margins of 14.3%.
Key information
2.8%
Earnings growth rate
-2.0%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | -1.8% |
| Return on equity | 6.6% |
| Net Margin | 14.3% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Changzhou Evergreen 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 |
|---|---|---|---|---|
| 31 Mar 24 | 510 | 73 | 61 | 30 |
| 31 Dec 23 | 530 | 72 | 58 | 29 |
| 30 Sep 23 | 520 | 83 | 58 | 28 |
| 30 Jun 23 | 520 | 78 | 54 | 27 |
| 31 Mar 23 | 519 | 72 | 55 | 27 |
| 31 Dec 22 | 518 | 67 | 56 | 28 |
| 30 Sep 22 | 510 | 58 | 52 | 27 |
| 30 Jun 22 | 471 | 53 | 46 | 27 |
| 31 Mar 22 | 475 | 60 | 45 | 27 |
| 31 Dec 21 | 480 | 66 | 44 | 26 |
| 31 Dec 20 | 512 | 71 | 62 | 25 |
| 31 Dec 19 | 420 | 71 | 68 | 22 |
| 31 Dec 18 | 337 | 39 | 55 | 20 |
Quality Earnings: 001324 has a high level of non-cash earnings.
Growing Profit Margin: 001324's current net profit margins (14.3%) are higher than last year (13.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 001324's earnings have grown by 2.8% per year over the past 5 years.
Accelerating Growth: 001324's earnings growth over the past year (1%) is below its 5-year average (2.8% per year).
Earnings vs Industry: 001324 earnings growth over the past year (1%) did not outperform the Machinery industry 2.3%.
Return on Equity
High ROE: 001324's Return on Equity (6.6%) is considered low.