Changgao Electric Group Past Earnings Performance
Past criteria checks 5/6
Changgao Electric Group has been growing earnings at an average annual rate of 3.1%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 2.3% per year. Changgao Electric Group's return on equity is 8.1%, and it has net margins of 12.2%.
Key information
3.1%
Earnings growth rate
-0.2%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 2.3% |
| Return on equity | 8.1% |
| Net Margin | 12.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Is Changgao Electric Group (SZSE:002452) Using Too Much Debt?
Sep 30
Changgao Electric Group Co., Ltd.'s (SZSE:002452) Prospects Need A Boost To Lift Shares
Aug 20Changgao Electric Group (SZSE:002452) Is Looking To Continue Growing Its Returns On Capital
Jun 17We Think Changgao Electric Group (SZSE:002452) Can Manage Its Debt With Ease
Apr 24Even With A 30% Surge, Cautious Investors Are Not Rewarding Changgao Electric Group Co., Ltd.'s (SZSE:002452) Performance Completely
Mar 04Revenue & Expenses Breakdown
How Changgao Electric 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 | 1,561 | 190 | 238 | 86 |
| 30 Jun 24 | 1,571 | 210 | 238 | 82 |
| 31 Mar 24 | 1,520 | 182 | 234 | 79 |
| 31 Dec 23 | 1,493 | 173 | 219 | 76 |
| 30 Sep 23 | 1,489 | 138 | 243 | 71 |
| 30 Jun 23 | 1,382 | 92 | 217 | 77 |
| 31 Mar 23 | 1,224 | 50 | 217 | 80 |
| 01 Jan 23 | 1,223 | 58 | 213 | 88 |
| 30 Sep 22 | 1,213 | 144 | 187 | 91 |
| 30 Jun 22 | 1,311 | 183 | 200 | 88 |
| 31 Mar 22 | 1,483 | 247 | 193 | 85 |
| 31 Dec 21 | 1,521 | 251 | 201 | 78 |
| 30 Sep 21 | 1,621 | 231 | 163 | 55 |
| 30 Jun 21 | 1,646 | 216 | 162 | 66 |
| 31 Mar 21 | 1,620 | 223 | 178 | 72 |
| 01 Jan 21 | 1,562 | 213 | 169 | 68 |
| 30 Sep 20 | 1,444 | 225 | 210 | 88 |
| 30 Jun 20 | 1,298 | 205 | 209 | 68 |
| 31 Mar 20 | 1,198 | 165 | 200 | 58 |
| 31 Dec 19 | 1,159 | 145 | 211 | 57 |
| 30 Sep 19 | 1,237 | -118 | 246 | 49 |
| 30 Jun 19 | 1,148 | -169 | 246 | 56 |
| 31 Mar 19 | 1,050 | -227 | 245 | 55 |
| 31 Dec 18 | 1,053 | -246 | 246 | 57 |
| 30 Sep 18 | 1,001 | -46 | 204 | 71 |
| 30 Jun 18 | 1,102 | -11 | 166 | 86 |
| 31 Mar 18 | 1,390 | 26 | 199 | 75 |
| 31 Dec 17 | 1,416 | 61 | 202 | 65 |
| 30 Sep 17 | 1,362 | 125 | 200 | 31 |
| 30 Jun 17 | 1,452 | 126 | 244 | 0 |
| 31 Mar 17 | 1,300 | 116 | 221 | 0 |
| 31 Dec 16 | 1,293 | 121 | 207 | 0 |
| 30 Sep 16 | 1,259 | 88 | 195 | 0 |
| 30 Jun 16 | 1,012 | 81 | 158 | 0 |
| 31 Mar 16 | 761 | 72 | 131 | 0 |
| 31 Dec 15 | 664 | 68 | 121 | 0 |
| 30 Sep 15 | 489 | 71 | 101 | 0 |
| 30 Jun 15 | 462 | 78 | 105 | 0 |
| 31 Mar 15 | 482 | 94 | 105 | 0 |
| 31 Dec 14 | 478 | 90 | 103 | 0 |
| 30 Sep 14 | 482 | 81 | 114 | 0 |
| 30 Jun 14 | 463 | 79 | 102 | 0 |
| 31 Mar 14 | 503 | 80 | 112 | 0 |
| 31 Dec 13 | 496 | 77 | 113 | 0 |
Quality Earnings: 002452 has high quality earnings.
Growing Profit Margin: 002452's current net profit margins (12.2%) are higher than last year (9.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002452 has become profitable over the past 5 years, growing earnings by 3.1% per year.
Accelerating Growth: 002452's earnings growth over the past year (37.8%) exceeds its 5-year average (3.1% per year).
Earnings vs Industry: 002452 earnings growth over the past year (37.8%) exceeded the Electrical industry 1.1%.
Return on Equity
High ROE: 002452's Return on Equity (8.1%) is considered low.