Shandong Tengda Fasten Tech Past Earnings Performance
Past criteria checks 1/6
Shandong Tengda Fasten Tech has been growing earnings at an average annual rate of 19.7%, while the Machinery industry saw earnings growing at 9.4% annually. Revenues have been declining at an average rate of 17.2% per year. Shandong Tengda Fasten Tech's return on equity is 5.1%, and it has net margins of 4.2%.
Key information
19.7%
Earnings growth rate
18.7%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | -17.2% |
| Return on equity | 5.1% |
| Net Margin | 4.2% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Shandong Tengda Fasten Tech 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 | 1,719 | 73 | 34 | 23 |
| 31 Dec 23 | 1,735 | 86 | 29 | 26 |
| 01 Jan 23 | 2,187 | 135 | 34 | 30 |
| 31 Dec 21 | 1,599 | 108 | 30 | 28 |
| 31 Dec 20 | 1,082 | 52 | 22 | 25 |
| 31 Dec 19 | 906 | 13 | 36 | 18 |
Quality Earnings: 001379 has a high level of non-cash earnings.
Growing Profit Margin: 001379's current net profit margins (4.2%) are lower than last year (5.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 001379's earnings have grown by 19.7% per year over the past 5 years.
Accelerating Growth: 001379's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 001379 had negative earnings growth (-40.8%) over the past year, making it difficult to compare to the Machinery industry average (3.2%).
Return on Equity
High ROE: 001379's Return on Equity (5.1%) is considered low.