Shenzhen Tongye TechnologyLtd Past Earnings Performance
Past criteria checks 4/6
Shenzhen Tongye TechnologyLtd's earnings have been declining at an average annual rate of -17.1%, while the Machinery industry saw earnings growing at 7.3% annually. Revenues have been growing at an average rate of 3.3% per year. Shenzhen Tongye TechnologyLtd's return on equity is 8.6%, and it has net margins of 12.7%.
Key information
-17.1%
Earnings growth rate
-26.5%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 3.3% |
| Return on equity | 8.6% |
| Net Margin | 12.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Optimistic Investors Push Shenzhen Tongye Technology Co.,Ltd. (SZSE:300960) Shares Up 45% But Growth Is Lacking
Oct 08
Shenzhen Tongye Technology Co.,Ltd. (SZSE:300960) May Have Run Too Fast Too Soon With Recent 36% Price Plummet
Aug 22Shenzhen Tongye Technology Co.,Ltd.'s (SZSE:300960) Business Is Yet to Catch Up With Its Share Price
Jun 06Shenzhen Tongye TechnologyLtd's (SZSE:300960) Profits Appear To Have Quality Issues
Mar 31Revenue & Expenses Breakdown
How Shenzhen Tongye 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 |
|---|---|---|---|---|
| 30 Sep 24 | 404 | 51 | 87 | 49 |
| 30 Jun 24 | 391 | 40 | 90 | 49 |
| 31 Mar 24 | 378 | 39 | 85 | 47 |
| 31 Dec 23 | 359 | 36 | 83 | 46 |
| 30 Sep 23 | 331 | 39 | 76 | 43 |
| 30 Jun 23 | 314 | 33 | 74 | 46 |
| 31 Mar 23 | 301 | 34 | 70 | 46 |
| 01 Jan 23 | 296 | 29 | 70 | 48 |
| 30 Sep 22 | 298 | 40 | 63 | 47 |
| 30 Jun 22 | 289 | 42 | 60 | 45 |
| 31 Mar 22 | 281 | 30 | 66 | 48 |
| 01 Jan 22 | 294 | 45 | 62 | 44 |
| 30 Sep 21 | 302 | 52 | 65 | 45 |
| 30 Jun 21 | 308 | 56 | 64 | 41 |
| 31 Mar 21 | 325 | 77 | 55 | 35 |
| 31 Dec 20 | 318 | 74 | 54 | 34 |
| 31 Dec 19 | 389 | 74 | 69 | 36 |
| 31 Dec 17 | 306 | 51 | 96 | 0 |
| 30 Sep 17 | 294 | 42 | 95 | 0 |
| 30 Jun 17 | 282 | 36 | 86 | 0 |
| 31 Mar 17 | 234 | 26 | 81 | 0 |
| 31 Dec 16 | 255 | 29 | 88 | 0 |
| 30 Sep 16 | 258 | 29 | 92 | 0 |
| 30 Jun 16 | 267 | 39 | 89 | 0 |
| 31 Dec 15 | 257 | 33 | 88 | 0 |
| 31 Dec 14 | 193 | 33 | 61 | 0 |
Quality Earnings: 300960 has high quality earnings.
Growing Profit Margin: 300960's current net profit margins (12.7%) are higher than last year (11.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300960's earnings have declined by 17.1% per year over the past 5 years.
Accelerating Growth: 300960's earnings growth over the past year (33.4%) exceeds its 5-year average (-17.1% per year).
Earnings vs Industry: 300960 earnings growth over the past year (33.4%) exceeded the Machinery industry -0.4%.
Return on Equity
High ROE: 300960's Return on Equity (8.6%) is considered low.