Zhejiang Changsheng Sliding Bearings Past Earnings Performance
Past criteria checks 5/6
Zhejiang Changsheng Sliding Bearings has been growing earnings at an average annual rate of 11%, while the Machinery industry saw earnings growing at 7.4% annually. Revenues have been growing at an average rate of 14.5% per year. Zhejiang Changsheng Sliding Bearings's return on equity is 13.8%, and it has net margins of 20.8%.
Key information
11.0%
Earnings growth rate
10.7%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 14.5% |
| Return on equity | 13.8% |
| Net Margin | 20.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Improved Earnings Required Before Zhejiang Changsheng Sliding Bearings Co., Ltd. (SZSE:300718) Stock's 25% Jump Looks Justified
Dec 24
Returns On Capital Are Showing Encouraging Signs At Zhejiang Changsheng Sliding Bearings (SZSE:300718)
Dec 18Zhejiang Changsheng Sliding Bearings (SZSE:300718) Could Easily Take On More Debt
Nov 28Zhejiang Changsheng Sliding Bearings Co., Ltd.'s (SZSE:300718) Shares Leap 40% Yet They're Still Not Telling The Full Story
Oct 08Zhejiang Changsheng Sliding Bearings Co., Ltd. (SZSE:300718) Held Back By Insufficient Growth Even After Shares Climb 31%
Aug 21Does Zhejiang Changsheng Sliding Bearings (SZSE:300718) Have A Healthy Balance Sheet?
May 21Market Might Still Lack Some Conviction On Zhejiang Changsheng Sliding Bearings Co., Ltd. (SZSE:300718) Even After 28% Share Price Boost
Mar 07Revenue & Expenses Breakdown
How Zhejiang Changsheng Sliding Bearings 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 | 1,121 | 233 | 86 | 47 |
| 30 Jun 24 | 1,127 | 239 | 83 | 50 |
| 31 Mar 24 | 1,123 | 243 | 79 | 50 |
| 31 Dec 23 | 1,105 | 242 | 84 | 50 |
| 30 Sep 23 | 1,089 | 150 | 83 | 47 |
| 30 Jun 23 | 1,077 | 143 | 87 | 44 |
| 31 Mar 23 | 1,069 | 123 | 88 | 45 |
| 01 Jan 23 | 1,071 | 102 | 81 | 44 |
| 30 Sep 22 | 1,059 | 165 | 82 | 49 |
| 30 Jun 22 | 1,015 | 141 | 81 | 47 |
| 31 Mar 22 | 1,024 | 144 | 79 | 44 |
| 01 Jan 22 | 985 | 155 | 77 | 41 |
| 30 Sep 21 | 940 | 164 | 68 | 39 |
| 30 Jun 21 | 877 | 178 | 63 | 36 |
| 31 Mar 21 | 746 | 160 | 63 | 36 |
| 31 Dec 20 | 655 | 145 | 60 | 33 |
| 30 Sep 20 | 597 | 141 | 67 | 32 |
| 30 Jun 20 | 571 | 129 | 67 | 32 |
| 31 Mar 20 | 571 | 125 | 64 | 29 |
| 31 Dec 19 | 601 | 128 | 64 | 31 |
| 30 Sep 19 | 608 | 131 | 64 | 29 |
| 30 Jun 19 | 629 | 135 | 64 | 28 |
| 31 Mar 19 | 661 | 149 | 62 | 27 |
| 31 Dec 18 | 663 | 147 | 61 | 26 |
| 30 Sep 18 | 650 | 131 | 61 | 23 |
| 30 Jun 18 | 640 | 128 | 44 | 35 |
| 31 Mar 18 | 608 | 125 | 48 | 29 |
| 31 Dec 17 | 567 | 121 | 52 | 22 |
| 30 Sep 17 | 527 | 119 | 50 | 19 |
| 30 Jun 17 | 476 | 107 | 68 | 0 |
| 31 Mar 17 | 426 | 87 | 72 | 0 |
| 31 Dec 16 | 404 | 81 | 75 | 0 |
| 31 Dec 15 | 373 | 89 | 54 | 0 |
| 31 Dec 14 | 402 | 84 | 51 | 0 |
| 31 Dec 13 | 373 | 77 | 50 | 0 |
Quality Earnings: 300718 has high quality earnings.
Growing Profit Margin: 300718's current net profit margins (20.8%) are higher than last year (13.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300718's earnings have grown by 11% per year over the past 5 years.
Accelerating Growth: 300718's earnings growth over the past year (55%) exceeds its 5-year average (11% per year).
Earnings vs Industry: 300718 earnings growth over the past year (55%) exceeded the Machinery industry -0.06%.
Return on Equity
High ROE: 300718's Return on Equity (13.8%) 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 | 2024/12/25 19:08 |
| End of Day Share Price | 2024/12/25 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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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
Zhejiang Changsheng Sliding Bearings Co., Ltd. is covered by 4 analysts. 2 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 |
|---|---|
| Weizhi Yuan | Chasing Securities |
| Jian Ding | China International Capital Corporation Limited |
| Lujing Li | Tianfeng Securities Brokerage Co., Ltd |