Zhejiang XinchaiLtd Past Earnings Performance
Past criteria checks 3/6
Zhejiang XinchaiLtd's earnings have been declining at an average annual rate of -35%, while the Machinery industry saw earnings growing at 9.6% annually. Revenues have been declining at an average rate of 7.6% per year. Zhejiang XinchaiLtd's return on equity is 3.7%, and it has net margins of 1.9%.
Key information
-35.0%
Earnings growth rate
-44.1%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | -7.6% |
| Return on equity | 3.7% |
| Net Margin | 1.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Zhejiang XinchaiLtd 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 | 2,252 | 43 | 113 | 77 |
| 31 Dec 23 | 2,316 | 32 | 113 | 77 |
| 30 Sep 23 | 2,308 | 19 | 117 | 72 |
| 30 Jun 23 | 2,270 | 16 | 115 | 66 |
| 31 Mar 23 | 2,161 | 17 | 105 | 71 |
| 01 Jan 23 | 2,094 | 22 | 105 | 77 |
| 30 Sep 22 | 2,141 | 35 | 108 | 81 |
| 30 Jun 22 | 2,165 | 50 | 118 | 92 |
| 31 Mar 22 | 2,393 | 72 | 123 | 88 |
| 01 Jan 22 | 2,483 | 80 | 131 | 85 |
| 30 Sep 21 | 2,640 | 83 | 125 | 103 |
| 30 Jun 21 | 2,811 | 96 | 147 | 93 |
| 31 Mar 21 | 2,780 | 114 | 184 | 98 |
| 31 Dec 20 | 2,461 | 94 | 123 | 78 |
| 31 Dec 19 | 1,888 | 54 | 123 | 63 |
| 31 Dec 18 | 1,754 | 73 | 107 | 58 |
| 31 Dec 17 | 1,661 | 75 | 104 | 58 |
Quality Earnings: 301032 has a high level of non-cash earnings.
Growing Profit Margin: 301032's current net profit margins (1.9%) are higher than last year (0.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301032's earnings have declined by 35% per year over the past 5 years.
Accelerating Growth: 301032's earnings growth over the past year (155.2%) exceeds its 5-year average (-35% per year).
Earnings vs Industry: 301032 earnings growth over the past year (155.2%) exceeded the Machinery industry 2.5%.
Return on Equity
High ROE: 301032's Return on Equity (3.7%) is considered low.