Zhejiang TaitanLtd Past Earnings Performance
Past criteria checks 2/6
Zhejiang TaitanLtd has been growing earnings at an average annual rate of 25.4%, while the Machinery industry saw earnings growing at 10.4% annually. Revenues have been growing at an average rate of 14.2% per year. Zhejiang TaitanLtd's return on equity is 9%, and it has net margins of 9%.
Key information
25.4%
Earnings growth rate
17.8%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 14.2% |
| Return on equity | 9.0% |
| Net Margin | 9.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Zhejiang TaitanLtd 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 | 1,456 | 130 | 126 | 33 |
| 31 Dec 23 | 1,400 | 130 | 137 | 33 |
| 30 Sep 23 | 1,419 | 142 | 130 | 45 |
| 30 Jun 23 | 1,480 | 141 | 163 | 50 |
| 31 Mar 23 | 1,507 | 130 | 182 | 46 |
| 01 Jan 23 | 1,601 | 130 | 182 | 47 |
| 30 Sep 22 | 1,725 | 135 | 169 | 42 |
| 30 Jun 22 | 1,560 | 105 | 137 | 37 |
| 31 Mar 22 | 1,422 | 79 | 122 | 35 |
| 01 Jan 22 | 1,243 | 73 | 94 | 33 |
| 30 Sep 21 | 1,027 | 63 | 82 | 29 |
| 30 Jun 21 | 929 | 71 | 56 | 31 |
| 31 Mar 21 | 808 | 73 | 40 | 26 |
| 31 Dec 20 | 668 | 60 | 45 | 22 |
| 30 Sep 20 | 585 | 64 | 33 | 18 |
| 31 Mar 20 | 499 | 47 | 63 | 19 |
| 31 Dec 19 | 583 | 59 | 64 | 22 |
| 31 Dec 18 | 732 | 69 | 81 | 32 |
| 31 Dec 17 | 670 | 72 | 51 | 23 |
| 31 Dec 16 | 435 | 37 | 55 | 13 |
| 31 Dec 15 | 359 | 17 | 66 | 0 |
| 31 Dec 14 | 379 | 18 | 76 | 0 |
| 31 Dec 13 | 413 | 30 | 72 | 0 |
Quality Earnings: 003036 has a high level of non-cash earnings.
Growing Profit Margin: 003036's current net profit margins (9%) are higher than last year (8.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 003036's earnings have grown significantly by 25.4% per year over the past 5 years.
Accelerating Growth: 003036's earnings growth over the past year (0.5%) is below its 5-year average (25.4% per year).
Earnings vs Industry: 003036 earnings growth over the past year (0.5%) did not outperform the Machinery industry 2.3%.
Return on Equity
High ROE: 003036's Return on Equity (9%) is considered low.