Hangzhou Weiguang ElectronicLtd Past Earnings Performance
Past criteria checks 1/6
Hangzhou Weiguang ElectronicLtd has been growing earnings at an average annual rate of 1.9%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 12.1% per year. Hangzhou Weiguang ElectronicLtd's return on equity is 8%, and it has net margins of 10.1%.
Key information
1.9%
Earnings growth rate
1.9%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 12.1% |
| Return on equity | 8.0% |
| Net Margin | 10.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
There May Be Some Bright Spots In Hangzhou Weiguang ElectronicLtd's (SZSE:002801) Earnings
Nov 04
Investors Can Find Comfort In Hangzhou Weiguang ElectronicLtd's (SZSE:002801) Earnings Quality
May 06Recent updates
There May Be Some Bright Spots In Hangzhou Weiguang ElectronicLtd's (SZSE:002801) Earnings
Nov 04Hangzhou Weiguang Electronic Co.,Ltd.'s (SZSE:002801) Popularity With Investors Is Clear
Sep 29Investors Can Find Comfort In Hangzhou Weiguang ElectronicLtd's (SZSE:002801) Earnings Quality
May 06Hangzhou Weiguang Electronic Co.,Ltd. (SZSE:002801) Surges 29% Yet Its Low P/E Is No Reason For Excitement
Mar 06Revenue & Expenses Breakdown
How Hangzhou Weiguang ElectronicLtd 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 | 1,332 | 135 | 50 | 59 |
| 30 Jun 24 | 1,299 | 115 | 54 | 62 |
| 31 Mar 24 | 1,282 | 118 | 52 | 62 |
| 31 Dec 23 | 1,268 | 121 | 52 | 60 |
| 30 Sep 23 | 1,226 | 277 | 49 | 56 |
| 30 Jun 23 | 1,202 | 307 | 43 | 52 |
| 31 Mar 23 | 1,176 | 306 | 38 | 48 |
| 01 Jan 23 | 1,205 | 308 | 41 | 49 |
| 30 Sep 22 | 1,250 | 334 | 43 | 51 |
| 30 Jun 22 | 1,241 | 314 | 42 | 50 |
| 31 Mar 22 | 1,212 | 292 | 46 | 47 |
| 01 Jan 22 | 1,112 | 254 | 42 | 44 |
| 30 Sep 21 | 1,041 | 222 | 42 | 34 |
| 30 Jun 21 | 963 | 200 | 45 | 36 |
| 31 Mar 21 | 859 | 191 | 37 | 35 |
| 31 Dec 20 | 798 | 193 | 38 | 34 |
| 30 Sep 20 | 765 | 181 | 42 | 36 |
| 30 Jun 20 | 772 | 183 | 46 | 34 |
| 31 Mar 20 | 798 | 177 | 62 | 33 |
| 31 Dec 19 | 794 | 165 | 63 | 35 |
| 30 Sep 19 | 768 | 140 | 60 | 32 |
| 30 Jun 19 | 731 | 124 | 64 | 33 |
| 31 Mar 19 | 687 | 110 | 54 | 34 |
| 31 Dec 18 | 647 | 97 | 49 | 33 |
| 30 Sep 18 | 608 | 109 | 44 | 32 |
| 30 Jun 18 | 582 | 104 | 26 | 37 |
| 31 Mar 18 | 584 | 103 | 33 | 29 |
| 31 Dec 17 | 569 | 108 | 36 | 24 |
| 30 Sep 17 | 546 | 109 | 38 | 15 |
| 30 Jun 17 | 511 | 108 | 52 | 0 |
| 31 Mar 17 | 467 | 104 | 49 | 0 |
| 31 Dec 16 | 441 | 100 | 48 | 0 |
| 30 Sep 16 | 420 | 92 | 47 | 0 |
| 30 Jun 16 | 412 | 90 | 46 | 0 |
| 31 Mar 16 | 405 | 86 | 45 | 0 |
| 31 Dec 15 | 397 | 82 | 46 | 0 |
| 31 Dec 14 | 394 | 71 | 40 | 0 |
| 31 Dec 13 | 351 | 61 | 36 | 0 |
Quality Earnings: 002801 has a large one-off loss of CN¥171.9M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 002801's current net profit margins (10.1%) are lower than last year (22.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002801's earnings have grown by 1.9% per year over the past 5 years.
Accelerating Growth: 002801's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002801 had negative earnings growth (-51.4%) over the past year, making it difficult to compare to the Electrical industry average (1.1%).
Return on Equity
High ROE: 002801's Return on Equity (8%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 16:18 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hangzhou Weiguang Electronic Co.,Ltd. is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hongbao Zhang | China Merchants Securities Co. Ltd. |
| Rui Bin Dong | China Merchants Securities Co. Ltd. |
| Yi Liu | Citic Securities Co., Ltd. |