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 15.7%, while the Machinery industry saw earnings growing at 9% annually. Revenues have been declining at an average rate of 14.9% per year. Shandong Tengda Fasten Tech's return on equity is 5.6%, and it has net margins of 4.8%.
Key information
15.7%
Earnings growth rate
13.8%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | -14.9% |
| Return on equity | 5.6% |
| Net Margin | 4.8% |
| Last Earnings Update | 30 Jun 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 |
|---|---|---|---|---|
| 30 Jun 24 | 1,671 | 80 | 38 | 24 |
| 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 (4.8%) are lower than last year (5.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 001379's earnings have grown by 15.7% 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 (-27.5%) over the past year, making it difficult to compare to the Machinery industry average (-3.4%).
Return on Equity
High ROE: 001379's Return on Equity (5.6%) is considered low.