Yantai Zhenghai Magnetic Material Past Earnings Performance
Past criteria checks 3/6
Yantai Zhenghai Magnetic Material has been growing earnings at an average annual rate of 45.9%, while the Electrical industry saw earnings growing at 12.3% annually. Revenues have been growing at an average rate of 32% per year. Yantai Zhenghai Magnetic Material's return on equity is 10.3%, and it has net margins of 7.2%.
Key information
45.9%
Earnings growth rate
46.0%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 32.0% |
| Return on equity | 10.3% |
| Net Margin | 7.2% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Yantai Zhenghai Magnetic Material (SZSE:300224) Has Affirmed Its Dividend Of CN¥0.20
Apr 24
Calculating The Fair Value Of Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224)
Apr 22We Think That There Are Some Issues For Yantai Zhenghai Magnetic Material (SZSE:300224) Beyond Its Promising Earnings
Apr 03We Think Yantai Zhenghai Magnetic Material (SZSE:300224) Can Stay On Top Of Its Debt
Mar 19Revenue & Expenses BreakdownBeta
How Yantai Zhenghai Magnetic 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 24 | 5,671 | 408 | 161 | 288 |
| 31 Dec 23 | 5,874 | 448 | 159 | 299 |
| 30 Sep 23 | 6,389 | 467 | 172 | 351 |
| 30 Jun 23 | 6,722 | 439 | 171 | 359 |
| 31 Mar 23 | 6,630 | 438 | 150 | 331 |
| 31 Dec 22 | 6,319 | 404 | 148 | 311 |
| 30 Sep 22 | 5,526 | 387 | 131 | 242 |
| 30 Jun 22 | 4,662 | 357 | 134 | 202 |
| 31 Mar 22 | 3,813 | 320 | 146 | 187 |
| 01 Jan 22 | 3,370 | 265 | 164 | 178 |
| 30 Sep 21 | 3,011 | 219 | 157 | 182 |
| 30 Jun 21 | 2,592 | 197 | 162 | 169 |
| 31 Mar 21 | 2,227 | 149 | 151 | 154 |
| 01 Jan 21 | 1,954 | 133 | 143 | 140 |
| 30 Sep 20 | 1,883 | 106 | 146 | 138 |
| 30 Jun 20 | 1,812 | 95 | 144 | 134 |
| 31 Mar 20 | 1,786 | 100 | 143 | 131 |
| 31 Dec 19 | 1,799 | 93 | 137 | 125 |
| 30 Sep 19 | 1,773 | -55 | 141 | 115 |
| 30 Jun 19 | 1,701 | -68 | 135 | 104 |
| 31 Mar 19 | 1,734 | -100 | 141 | 101 |
| 31 Dec 18 | 1,680 | -82 | 139 | 98 |
| 30 Sep 18 | 1,612 | 156 | 151 | 98 |
| 30 Jun 18 | 1,580 | 152 | 74 | 132 |
| 31 Mar 18 | 1,348 | 121 | 119 | 106 |
| 31 Dec 17 | 1,192 | 102 | 139 | 85 |
| 30 Sep 17 | 1,218 | 82 | 173 | 58 |
| 30 Jun 17 | 1,267 | 103 | 272 | 0 |
| 31 Mar 17 | 1,402 | 164 | 243 | 0 |
| 31 Dec 16 | 1,588 | 191 | 239 | 0 |
| 30 Sep 16 | 1,494 | 128 | 247 | 0 |
| 30 Jun 16 | 1,469 | 135 | 229 | 0 |
| 31 Mar 16 | 1,496 | 163 | 233 | 0 |
| 31 Dec 15 | 1,366 | 158 | 205 | 0 |
| 30 Sep 15 | 1,155 | 167 | 131 | 0 |
| 30 Jun 15 | 1,035 | 162 | 107 | 0 |
| 31 Mar 15 | 837 | 129 | 68 | 0 |
| 31 Dec 14 | 769 | 113 | 62 | 0 |
| 30 Sep 14 | 717 | 102 | 57 | 0 |
| 30 Jun 14 | 620 | 95 | 55 | 0 |
| 31 Mar 14 | 574 | 81 | 57 | 0 |
| 31 Dec 13 | 548 | 78 | 58 | 0 |
| 30 Sep 13 | 542 | 78 | 59 | 0 |
| 30 Jun 13 | 558 | 84 | 59 | 0 |
Quality Earnings: 300224 has high quality earnings.
Growing Profit Margin: 300224's current net profit margins (7.2%) are higher than last year (6.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300224 has become profitable over the past 5 years, growing earnings by 45.9% per year.
Accelerating Growth: 300224's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 300224 had negative earnings growth (-6.9%) over the past year, making it difficult to compare to the Electrical industry average (-0.7%).
Return on Equity
High ROE: 300224's Return on Equity (10.3%) is considered low.