Zhejiang Hengwei Battery Past Earnings Performance
Past criteria checks 1/6
Zhejiang Hengwei Battery has been growing earnings at an average annual rate of 12.6%, while the Electrical industry saw earnings growing at 11.2% annually. Revenues have been growing at an average rate of 4.5% per year. Zhejiang Hengwei Battery's return on equity is 9.6%, and it has net margins of 20.4%.
Key information
12.6%
Earnings growth rate
3.1%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 4.5% |
| Return on equity | 9.6% |
| Net Margin | 20.4% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Zhejiang Hengwei Battery 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 Jun 24 | 640 | 130 | 24 | 21 |
| 31 Mar 24 | 604 | 130 | 25 | 21 |
| 31 Dec 23 | 588 | 122 | 23 | 21 |
| 30 Sep 23 | 587 | 125 | 24 | 20 |
| 30 Jun 23 | 597 | 129 | 23 | 20 |
| 31 Mar 23 | 577 | 129 | 20 | 20 |
| 01 Jan 23 | 580 | 123 | 21 | 20 |
| 30 Sep 22 | 585 | 109 | 21 | 23 |
| 30 Jun 22 | 551 | 94 | 19 | 21 |
| 31 Mar 22 | 571 | 91 | 19 | 20 |
| 01 Jan 22 | 547 | 90 | 18 | 19 |
| 30 Sep 21 | 542 | 98 | 19 | 18 |
| 30 Jun 21 | 544 | 103 | 17 | 18 |
| 31 Mar 21 | 504 | 97 | 17 | 17 |
| 31 Dec 20 | 486 | 96 | 18 | 17 |
| 31 Dec 19 | 322 | 65 | 20 | 12 |
| 31 Dec 18 | 316 | 59 | 18 | 12 |
| 31 Dec 17 | 319 | 48 | 26 | 11 |
| 31 Dec 16 | 249 | 61 | 22 | 0 |
| 31 Dec 15 | 306 | 67 | 26 | 0 |
| 31 Dec 14 | 256 | 50 | 19 | 0 |
Quality Earnings: 301222 has a high level of non-cash earnings.
Growing Profit Margin: 301222's current net profit margins (20.4%) are lower than last year (21.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301222's earnings have grown by 12.6% per year over the past 5 years.
Accelerating Growth: 301222's earnings growth over the past year (1.2%) is below its 5-year average (12.6% per year).
Earnings vs Industry: 301222 earnings growth over the past year (1.2%) did not outperform the Electrical industry 2%.
Return on Equity
High ROE: 301222's Return on Equity (9.6%) is considered low.