Zhejiang Hongchang Electrical Technology Past Earnings Performance
Past criteria checks 1/6
Zhejiang Hongchang Electrical Technology has been growing earnings at an average annual rate of 0.6%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 11.9% per year. Zhejiang Hongchang Electrical Technology's return on equity is 6.4%, and it has net margins of 7.4%.
Key information
0.6%
Earnings growth rate
-8.3%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 11.9% |
| Return on equity | 6.4% |
| Net Margin | 7.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
We Think That There Are More Issues For Zhejiang Hongchang Electrical Technology (SZSE:301008) Than Just Sluggish Earnings
Nov 06
We Think That There Are Issues Underlying Zhejiang Hongchang Electrical Technology's (SZSE:301008) Earnings
May 05Recent updates
We Think That There Are More Issues For Zhejiang Hongchang Electrical Technology (SZSE:301008) Than Just Sluggish Earnings
Nov 06Zhejiang Hongchang Electrical Technology Co., Ltd.'s (SZSE:301008) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Oct 28Zhejiang Hongchang Electrical Technology (SZSE:301008) May Have Issues Allocating Its Capital
Jul 28We Think That There Are Issues Underlying Zhejiang Hongchang Electrical Technology's (SZSE:301008) Earnings
May 05Calculating The Fair Value Of Zhejiang Hongchang Electrical Technology Co., Ltd. (SZSE:301008)
Apr 12Revenue & Expenses Breakdown
How Zhejiang Hongchang Electrical Technology 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 | 983 | 73 | 73 | 43 |
| 30 Jun 24 | 968 | 84 | 70 | 42 |
| 31 Mar 24 | 956 | 92 | 61 | 41 |
| 31 Dec 23 | 885 | 86 | 54 | 40 |
| 30 Sep 23 | 867 | 79 | 50 | 39 |
| 30 Jun 23 | 829 | 70 | 49 | 40 |
| 31 Mar 23 | 801 | 66 | 52 | 37 |
| 01 Jan 23 | 826 | 67 | 54 | 34 |
| 30 Sep 22 | 815 | 62 | 52 | 34 |
| 30 Jun 22 | 800 | 63 | 52 | 32 |
| 31 Mar 22 | 780 | 58 | 52 | 32 |
| 01 Jan 22 | 768 | 68 | 52 | 32 |
| 30 Sep 21 | 728 | 82 | 51 | 28 |
| 30 Jun 21 | 701 | 92 | 50 | 26 |
| 31 Mar 21 | 650 | 93 | 46 | 23 |
| 31 Dec 20 | 577 | 82 | 41 | 20 |
| 31 Dec 19 | 506 | 69 | 48 | 20 |
| 31 Dec 18 | 385 | 25 | 48 | 15 |
| 31 Dec 17 | 316 | 25 | 34 | 11 |
Quality Earnings: 301008 has a high level of non-cash earnings.
Growing Profit Margin: 301008's current net profit margins (7.4%) are lower than last year (9.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301008's earnings have grown by 0.6% per year over the past 5 years.
Accelerating Growth: 301008's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301008 had negative earnings growth (-8.6%) over the past year, making it difficult to compare to the Electrical industry average (1.1%).
Return on Equity
High ROE: 301008's Return on Equity (6.4%) is considered low.