Zhejiang Walrus New Material Past Earnings Performance
Past criteria checks 3/6
Zhejiang Walrus New Material has been growing earnings at an average annual rate of 196.6%, while the Building industry saw earnings growing at 2.3% annually. Revenues have been growing at an average rate of 4.6% per year. Zhejiang Walrus New Material's return on equity is 17.4%, and it has net margins of 13.7%.
Key information
196.6%
Earnings growth rate
195.3%
EPS growth rate
| Building Industry Growth | 7.0% |
| Revenue growth rate | 4.6% |
| Return on equity | 17.4% |
| Net Margin | 13.7% |
| Last Earnings Update | 31 Mar 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Zhejiang Walrus New Material 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 23 | 1,924 | 263 | 185 | 50 |
| 31 Dec 22 | 1,894 | 213 | 174 | 47 |
| 30 Sep 22 | 1,929 | 153 | 144 | 48 |
| 30 Jun 22 | 1,928 | 119 | 152 | 48 |
| 31 Mar 22 | 1,839 | 89 | 155 | 47 |
| 01 Jan 22 | 1,798 | 97 | 164 | 48 |
| 30 Sep 21 | 1,611 | 118 | 166 | 45 |
| 30 Jun 21 | 1,476 | 147 | 162 | 43 |
| 31 Mar 21 | 1,362 | 182 | 149 | 40 |
| 31 Dec 20 | 1,224 | 188 | 131 | 37 |
| 30 Sep 20 | 1,176 | 187 | 143 | 36 |
| 30 Jun 20 | 1,062 | 176 | 180 | 45 |
| 31 Mar 20 | 898 | 142 | 137 | 35 |
| 31 Dec 19 | 859 | 138 | 112 | 28 |
| 31 Dec 18 | 784 | 90 | 99 | 24 |
| 31 Dec 17 | 389 | 1 | 82 | 17 |
| 31 Dec 16 | 208 | 19 | 22 | 12 |
Quality Earnings: 003011 has high quality earnings.
Growing Profit Margin: 003011's current net profit margins (13.7%) are higher than last year (4.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if 003011's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare 003011's past year earnings growth to its 5-year average.
Earnings vs Industry: 003011 earnings growth over the past year (196.6%) exceeded the Building industry 7.9%.
Return on Equity
High ROE: 003011's Return on Equity (17.4%) is considered low.