Shenzhen Ridge Engineering Consulting Past Earnings Performance
Past criteria checks 4/6
Shenzhen Ridge Engineering Consulting's earnings have been declining at an average annual rate of -19.9%, while the Construction industry saw earnings growing at 6.3% annually. Revenues have been growing at an average rate of 7.6% per year. Shenzhen Ridge Engineering Consulting's return on equity is 3.1%, and it has net margins of 8.8%.
Key information
-19.9%
Earnings growth rate
-39.2%
EPS growth rate
| Construction Industry Growth | 8.6% |
| Revenue growth rate | 7.6% |
| Return on equity | 3.1% |
| Net Margin | 8.8% |
| Last Earnings Update | 30 Sep 2023 |
Revenue & Expenses BreakdownBeta
How Shenzhen Ridge Engineering Consulting 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 23 | 500 | 44 | 161 | 32 |
| 30 Jun 23 | 555 | 53 | 173 | 33 |
| 31 Mar 23 | 586 | 47 | 186 | 32 |
| 31 Dec 22 | 572 | 16 | 194 | 31 |
| 30 Sep 22 | 657 | 39 | 204 | 27 |
| 30 Jun 22 | 702 | 60 | 199 | 30 |
| 31 Mar 22 | 756 | 97 | 187 | 32 |
| 01 Jan 22 | 778 | 119 | 170 | 34 |
| 30 Sep 21 | 740 | 146 | 116 | 39 |
| 30 Jun 21 | 696 | 141 | 105 | 37 |
| 31 Mar 21 | 630 | 128 | 93 | 34 |
| 31 Dec 20 | 573 | 120 | 86 | 30 |
| 30 Sep 20 | 528 | 113 | 117 | 44 |
| 30 Jun 20 | 505 | 118 | 76 | 30 |
| 31 Mar 20 | 443 | 104 | 65 | 28 |
| 31 Dec 19 | 496 | 139 | 68 | 28 |
| 31 Dec 18 | 310 | 65 | 0 | 0 |
| 31 Dec 17 | 174 | 50 | 0 | 0 |
Quality Earnings: 300977 has high quality earnings.
Growing Profit Margin: 300977's current net profit margins (8.8%) are higher than last year (5.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300977's earnings have declined by 19.9% per year over the past 5 years.
Accelerating Growth: 300977's earnings growth over the past year (13.5%) exceeds its 5-year average (-19.9% per year).
Earnings vs Industry: 300977 earnings growth over the past year (13.5%) exceeded the Construction industry -3.2%.
Return on Equity
High ROE: 300977's Return on Equity (3.1%) is considered low.