Zhejiang Taifu PumpLtd Past Earnings Performance
Past criteria checks 1/6
Zhejiang Taifu PumpLtd's earnings have been declining at an average annual rate of -9.5%, while the Machinery industry saw earnings growing at 10.4% annually. Revenues have been growing at an average rate of 12.9% per year. Zhejiang Taifu PumpLtd's return on equity is 6.6%, and it has net margins of 7.1%.
Key information
-9.5%
Earnings growth rate
-19.2%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 12.9% |
| Return on equity | 6.6% |
| Net Margin | 7.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Zhejiang Taifu PumpLtd 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 | 748 | 53 | 65 | 42 |
| 31 Dec 23 | 714 | 54 | 60 | 39 |
| 30 Sep 23 | 639 | 41 | 56 | 34 |
| 30 Jun 23 | 586 | 36 | 50 | 30 |
| 31 Mar 23 | 562 | 61 | 45 | 26 |
| 31 Dec 22 | 554 | 61 | 41 | 24 |
| 30 Sep 22 | 582 | 68 | 36 | 26 |
| 30 Jun 22 | 589 | 83 | 32 | 26 |
| 31 Mar 22 | 572 | 58 | 29 | 27 |
| 01 Jan 22 | 561 | 61 | 28 | 26 |
| 30 Sep 21 | 512 | 64 | 27 | 24 |
| 30 Jun 21 | 482 | 61 | 25 | 21 |
| 31 Mar 21 | 462 | 71 | 23 | 19 |
| 31 Dec 20 | 424 | 70 | 21 | 18 |
| 31 Dec 19 | 386 | 69 | 27 | 17 |
| 31 Dec 18 | 294 | 38 | 18 | 14 |
| 31 Dec 17 | 301 | 61 | 21 | 11 |
Quality Earnings: 300992 has high quality earnings.
Growing Profit Margin: 300992's current net profit margins (7.1%) are lower than last year (10.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300992's earnings have declined by 9.5% per year over the past 5 years.
Accelerating Growth: 300992's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 300992 had negative earnings growth (-12.5%) over the past year, making it difficult to compare to the Machinery industry average (2.6%).
Return on Equity
High ROE: 300992's Return on Equity (6.6%) is considered low.