ShenZhen QiangRui Precision Technology Past Earnings Performance
Past criteria checks 4/6
ShenZhen QiangRui Precision Technology has been growing earnings at an average annual rate of 4.2%, while the Machinery industry saw earnings growing at 7.3% annually. Revenues have been growing at an average rate of 22% per year. ShenZhen QiangRui Precision Technology's return on equity is 12.3%, and it has net margins of 9%.
Key information
4.2%
Earnings growth rate
-6.6%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 22.0% |
| Return on equity | 12.3% |
| Net Margin | 9.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
ShenZhen QiangRui Precision Technology's (SZSE:301128) Earnings Are Weaker Than They Seem
Nov 06
We Think ShenZhen QiangRui Precision Technology's (SZSE:301128) Solid Earnings Are Understated
Apr 26Recent updates
ShenZhen QiangRui Precision Technology's (SZSE:301128) Earnings Are Weaker Than They Seem
Nov 06The Returns On Capital At ShenZhen QiangRui Precision Technology (SZSE:301128) Don't Inspire Confidence
Oct 29Optimistic Investors Push ShenZhen QiangRui Precision Technology Co., Ltd. (SZSE:301128) Shares Up 46% But Growth Is Lacking
Oct 09Is Now The Time To Put ShenZhen QiangRui Precision Technology (SZSE:301128) On Your Watchlist?
Sep 29There's Reason For Concern Over ShenZhen QiangRui Precision Technology Co., Ltd.'s (SZSE:301128) Massive 34% Price Jump
Jul 26Capital Allocation Trends At ShenZhen QiangRui Precision Technology (SZSE:301128) Aren't Ideal
Jun 17ShenZhen QiangRui Precision Technology (SZSE:301128) Has Announced That It Will Be Increasing Its Dividend To CN¥0.70
May 22We Think ShenZhen QiangRui Precision Technology's (SZSE:301128) Solid Earnings Are Understated
Apr 26There's Reason For Concern Over ShenZhen QiangRui Precision Technology Co., Ltd.'s (SZSE:301128) Massive 58% Price Jump
Mar 04Revenue & Expenses Breakdown
How ShenZhen QiangRui Precision 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 | 1,052 | 95 | 93 | 95 |
| 30 Jun 24 | 936 | 88 | 87 | 87 |
| 31 Mar 24 | 738 | 59 | 78 | 80 |
| 31 Dec 23 | 674 | 56 | 73 | 71 |
| 30 Sep 23 | 490 | 40 | 56 | 59 |
| 30 Jun 23 | 469 | 39 | 58 | 56 |
| 31 Mar 23 | 481 | 42 | 61 | 53 |
| 01 Jan 23 | 457 | 38 | 62 | 51 |
| 30 Sep 22 | 468 | 54 | 62 | 49 |
| 30 Jun 22 | 436 | 56 | 55 | 46 |
| 31 Mar 22 | 432 | 52 | 51 | 44 |
| 01 Jan 22 | 422 | 55 | 47 | 44 |
| 30 Sep 21 | 409 | 51 | 42 | 40 |
| 30 Jun 21 | 445 | 61 | 46 | 39 |
| 31 Mar 21 | 388 | 56 | 41 | 35 |
| 31 Dec 20 | 420 | 64 | 44 | 35 |
| 31 Dec 19 | 347 | 62 | 43 | 28 |
| 31 Dec 18 | 249 | 27 | 35 | 20 |
| 31 Dec 17 | 123 | 12 | 31 | 9 |
Quality Earnings: 301128 has a high level of non-cash earnings.
Growing Profit Margin: 301128's current net profit margins (9%) are higher than last year (8.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301128's earnings have grown by 4.2% per year over the past 5 years.
Accelerating Growth: 301128's earnings growth over the past year (139.4%) exceeds its 5-year average (4.2% per year).
Earnings vs Industry: 301128 earnings growth over the past year (139.4%) exceeded the Machinery industry -0.4%.
Return on Equity
High ROE: 301128's Return on Equity (12.3%) is considered low.