Bestway Marine & Energy TechnologyLtd Past Earnings Performance
Past criteria checks 1/6
Bestway Marine & Energy TechnologyLtd has been growing earnings at an average annual rate of 88.7%, while the Construction industry saw earnings growing at 7.8% annually. Revenues have been growing at an average rate of 42.5% per year. Bestway Marine & Energy TechnologyLtd's return on equity is 6.4%, and it has net margins of 3.4%.
Key information
88.7%
Earnings growth rate
90.0%
EPS growth rate
| Construction Industry Growth | 8.6% |
| Revenue growth rate | 42.5% |
| Return on equity | 6.4% |
| Net Margin | 3.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
There's Reason For Concern Over Bestway Marine & Energy Technology Co.,Ltd's (SZSE:300008) Price
May 30
Investors Shouldn't Be Too Comfortable With Bestway Marine & Energy TechnologyLtd's (SZSE:300008) Earnings
May 08Returns At Bestway Marine & Energy TechnologyLtd (SZSE:300008) Are On The Way Up
Apr 23Revenue & Expenses Breakdown
How Bestway Marine & Energy TechnologyLtd 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 | 3,649 | 124 | 254 | 39 |
| 31 Dec 23 | 3,606 | 102 | 226 | 39 |
| 30 Sep 23 | 3,176 | 142 | 264 | 37 |
| 30 Jun 23 | 3,121 | 159 | 216 | 39 |
| 31 Mar 23 | 2,988 | 141 | 190 | 37 |
| 01 Jan 23 | 2,730 | 138 | 163 | 38 |
| 30 Sep 22 | 2,449 | 88 | 85 | 66 |
| 30 Jun 22 | 1,856 | 34 | 115 | 61 |
| 31 Mar 22 | 1,613 | 20 | 74 | 66 |
| 01 Jan 22 | 1,422 | 26 | 83 | 63 |
| 30 Sep 21 | 979 | 6 | 13 | 58 |
| 30 Jun 21 | 875 | 16 | 4 | 53 |
| 31 Mar 21 | 619 | 25 | 21 | 43 |
| 31 Dec 20 | 524 | 26 | 21 | 36 |
| 30 Sep 20 | 505 | -244 | 152 | 35 |
| 30 Jun 20 | 473 | -275 | 142 | 36 |
| 31 Mar 20 | 475 | -341 | 132 | 32 |
| 31 Dec 19 | 589 | -358 | 151 | 34 |
| 30 Sep 19 | 695 | -629 | 338 | 33 |
| 30 Jun 19 | 788 | -1,963 | 327 | 45 |
| 31 Mar 19 | 793 | -1,890 | 366 | 48 |
| 01 Jan 19 | 1,029 | -1,878 | 360 | 52 |
| 30 Sep 18 | 1,384 | -1,303 | 127 | 62 |
| 30 Jun 18 | 1,401 | 119 | 145 | 42 |
| 31 Mar 18 | 1,623 | 147 | 123 | 47 |
| 31 Dec 17 | 1,484 | 164 | 130 | 39 |
| 30 Sep 17 | 1,397 | 187 | 140 | 17 |
| 30 Jun 17 | 1,345 | 147 | 143 | 17 |
| 31 Mar 17 | 1,543 | 178 | 156 | 0 |
| 31 Dec 16 | 1,518 | 162 | 139 | 0 |
| 30 Sep 16 | 1,434 | 143 | 114 | 0 |
| 30 Jun 16 | 1,585 | 136 | 96 | 0 |
| 31 Mar 16 | 1,224 | 57 | 88 | 0 |
| 31 Dec 15 | 1,197 | 56 | 94 | 0 |
| 30 Sep 15 | 1,186 | 42 | 96 | 0 |
| 30 Jun 15 | 1,128 | 47 | 101 | 0 |
| 31 Mar 15 | 994 | 49 | 99 | 0 |
| 31 Dec 14 | 847 | 46 | 94 | 0 |
| 30 Sep 14 | 583 | 38 | 77 | 0 |
| 30 Jun 14 | 340 | 26 | 73 | 0 |
| 31 Mar 14 | 297 | 12 | 68 | 0 |
| 31 Dec 13 | 237 | 12 | 65 | 0 |
| 30 Sep 13 | 183 | -5 | 70 | 0 |
| 30 Jun 13 | 184 | -6 | 69 | 0 |
Quality Earnings: 300008 has a high level of non-cash earnings.
Growing Profit Margin: 300008's current net profit margins (3.4%) are lower than last year (4.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300008 has become profitable over the past 5 years, growing earnings by 88.7% per year.
Accelerating Growth: 300008's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 300008 had negative earnings growth (-11.5%) over the past year, making it difficult to compare to the Construction industry average (-7.1%).
Return on Equity
High ROE: 300008's Return on Equity (6.4%) is considered low.