Linzhou Heavy Machinery GroupLtd Past Earnings Performance
Past criteria checks 4/6
Linzhou Heavy Machinery GroupLtd has been growing earnings at an average annual rate of 50.2%, while the Machinery industry saw earnings growing at 9.5% annually. Revenues have been growing at an average rate of 3.3% per year. Linzhou Heavy Machinery GroupLtd's return on equity is 20%, and it has net margins of 6.3%.
Key information
50.1%
Earnings growth rate
50.1%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 3.3% |
| Return on equity | 20.0% |
| Net Margin | 6.3% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses Breakdown
How Linzhou Heavy Machinery GroupLtd 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 | 1,841 | 116 | 116 | 66 |
| 31 Dec 23 | 1,838 | 117 | 127 | 63 |
| 30 Sep 23 | 1,580 | 110 | 135 | 44 |
| 30 Jun 23 | 1,429 | 91 | 115 | 40 |
| 31 Mar 23 | 1,250 | 46 | 111 | 34 |
| 01 Jan 23 | 1,120 | 19 | 105 | 27 |
| 30 Sep 22 | 820 | -283 | 194 | 28 |
| 30 Jun 22 | 649 | -348 | 183 | 24 |
| 31 Mar 22 | 542 | -401 | 183 | 25 |
| 31 Dec 21 | 454 | -429 | 179 | 28 |
| 30 Sep 21 | 656 | -117 | 0 | 22 |
| 30 Jun 21 | 751 | -41 | 23 | 21 |
| 31 Mar 21 | 890 | 36 | 24 | 16 |
| 31 Dec 20 | 905 | 37 | 23 | 14 |
| 30 Sep 20 | 704 | -1,986 | 603 | 20 |
| 30 Jun 20 | 662 | -2,006 | 601 | 22 |
| 31 Mar 20 | 998 | -2,009 | 612 | 24 |
| 31 Dec 19 | 1,047 | -1,991 | 623 | 26 |
| 30 Sep 19 | 1,340 | -193 | 177 | 31 |
| 30 Jun 19 | 1,874 | -186 | 201 | 36 |
| 31 Mar 19 | 1,811 | -158 | 202 | 41 |
| 31 Dec 18 | 2,063 | -125 | 209 | 40 |
| 30 Sep 18 | 2,276 | 78 | 190 | 39 |
| 30 Jun 18 | 1,957 | 80 | 166 | 41 |
| 31 Mar 18 | 1,851 | 61 | 176 | 28 |
| 31 Dec 17 | 1,652 | 35 | 171 | 23 |
| 30 Sep 17 | 1,563 | 15 | 176 | 13 |
| 30 Jun 17 | 1,522 | 8 | 189 | 0 |
| 31 Mar 17 | 1,346 | -5 | 195 | 0 |
| 31 Dec 16 | 1,451 | -4 | 198 | 0 |
| 30 Sep 16 | 1,174 | -257 | 282 | 0 |
| 30 Jun 16 | 1,043 | -259 | 289 | 0 |
| 31 Mar 16 | 1,150 | -323 | 290 | 0 |
| 31 Dec 15 | 1,233 | -297 | 298 | 0 |
| 30 Sep 15 | 1,584 | -21 | 215 | 0 |
| 30 Jun 15 | 1,705 | -51 | 217 | 0 |
| 31 Mar 15 | 1,799 | 24 | 220 | 0 |
| 31 Dec 14 | 1,874 | 51 | 216 | 0 |
| 30 Sep 14 | 1,797 | 77 | 187 | 0 |
| 30 Jun 14 | 2,041 | 158 | 194 | 0 |
| 31 Mar 14 | 2,175 | 203 | 183 | 0 |
| 31 Dec 13 | 2,024 | 199 | 173 | 0 |
| 30 Sep 13 | 1,726 | 235 | 159 | 0 |
| 30 Jun 13 | 1,632 | 253 | 133 | 0 |
Quality Earnings: 002535 has a large one-off loss of CN¥97.0M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 002535's current net profit margins (6.3%) are higher than last year (3.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002535 has become profitable over the past 5 years, growing earnings by 50.2% per year.
Accelerating Growth: 002535's earnings growth over the past year (150.5%) exceeds its 5-year average (50.2% per year).
Earnings vs Industry: 002535 earnings growth over the past year (150.5%) exceeded the Machinery industry 4.3%.
Return on Equity
High ROE: 002535's Return on Equity (20%) is considered low.