Changchun Zhiyuan New Energy Equipment Past Earnings Performance
Past criteria checks 1/6
Changchun Zhiyuan New Energy Equipment's earnings have been declining at an average annual rate of -27.5%, while the Machinery industry saw earnings growing at 7.3% annually. Revenues have been growing at an average rate of 21.4% per year. Changchun Zhiyuan New Energy Equipment's return on equity is 7.5%, and it has net margins of 5.7%.
Key information
-27.5%
Earnings growth rate
-37.2%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 21.4% |
| Return on equity | 7.5% |
| Net Margin | 5.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Changchun Zhiyuan New Energy Equipment's (SZSE:300985) Solid Profits Have Weak Fundamentals
Nov 06
There May Be Underlying Issues With The Quality Of Changchun Zhiyuan New Energy Equipment's (SZSE:300985) Earnings
May 01Recent updates
Changchun Zhiyuan New Energy Equipment's (SZSE:300985) Solid Profits Have Weak Fundamentals
Nov 06A Piece Of The Puzzle Missing From Changchun Zhiyuan New Energy Equipment Co., Ltd's (SZSE:300985) 48% Share Price Climb
Oct 09There Are Reasons To Feel Uneasy About Changchun Zhiyuan New Energy Equipment's (SZSE:300985) Returns On Capital
Sep 28Changchun Zhiyuan New Energy Equipment Co., Ltd's (SZSE:300985) Shares Lagging The Industry But So Is The Business
Jun 07There May Be Underlying Issues With The Quality Of Changchun Zhiyuan New Energy Equipment's (SZSE:300985) Earnings
May 01Changchun Zhiyuan New Energy Equipment Co., Ltd (SZSE:300985) Investors Are Less Pessimistic Than Expected
Feb 26Revenue & Expenses Breakdown
How Changchun Zhiyuan New Energy Equipment 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 | 1,602 | 91 | 151 | 48 |
| 30 Jun 24 | 2,009 | 165 | 146 | 42 |
| 31 Mar 24 | 1,985 | 113 | 132 | 47 |
| 31 Dec 23 | 1,777 | 56 | 111 | 46 |
| 30 Sep 23 | 1,171 | -28 | 74 | 31 |
| 30 Jun 23 | 632 | -97 | 67 | 20 |
| 31 Mar 23 | 336 | -83 | 59 | 16 |
| 01 Jan 23 | 166 | -52 | 44 | 15 |
| 30 Sep 22 | 174 | -24 | 45 | 15 |
| 30 Jun 22 | 195 | -8 | 37 | 16 |
| 31 Mar 22 | 262 | -12 | 27 | 20 |
| 01 Jan 22 | 394 | 19 | 43 | 21 |
| 30 Sep 21 | 667 | 82 | 28 | 42 |
| 30 Jun 21 | 920 | 137 | 61 | 44 |
| 31 Mar 21 | 1,288 | 221 | 87 | 43 |
| 31 Dec 20 | 1,320 | 225 | 89 | 44 |
| 31 Dec 19 | 797 | 121 | 70 | 27 |
| 31 Dec 18 | 411 | 44 | 33 | 13 |
| 31 Dec 17 | 251 | 0 | 13 | 8 |
Quality Earnings: 300985 has a high level of non-cash earnings.
Growing Profit Margin: 300985 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300985's earnings have declined by 27.5% per year over the past 5 years.
Accelerating Growth: 300985 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 300985 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (-0.4%).
Return on Equity
High ROE: 300985's Return on Equity (7.5%) is considered low.