Zhejiang Hengwei Battery Past Earnings Performance
Past criteria checks 1/6
Zhejiang Hengwei Battery has been growing earnings at an average annual rate of 11.4%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 8.9% per year. Zhejiang Hengwei Battery's return on equity is 8.7%, and it has net margins of 18%.
Key information
11.4%
Earnings growth rate
2.4%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 8.9% |
| Return on equity | 8.7% |
| Net Margin | 18.0% |
| Next Earnings Update | 29 Apr 2025 |
Recent past performance updates
We Think That There Are More Issues For Zhejiang Hengwei Battery (SZSE:301222) Than Just Sluggish Earnings
Nov 06
Zhejiang Hengwei Battery's (SZSE:301222) Profits May Not Reveal Underlying Issues
May 03Recent updates
We Think That There Are More Issues For Zhejiang Hengwei Battery (SZSE:301222) Than Just Sluggish Earnings
Nov 06Zhejiang Hengwei Battery Co., Ltd.'s (SZSE:301222) Share Price Boosted 31% But Its Business Prospects Need A Lift Too
Oct 26Zhejiang Hengwei Battery's (SZSE:301222) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 05Zhejiang Hengwei Battery's (SZSE:301222) Profits May Not Reveal Underlying Issues
May 03Revenue & 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 Sep 24 | 668 | 120 | 25 | 21 |
| 30 Jun 24 | 640 | 130 | 26 | 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 (18%) are lower than last year (21.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301222's earnings have grown by 11.4% per year over the past 5 years.
Accelerating Growth: 301222's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301222 had negative earnings growth (-3.8%) over the past year, making it difficult to compare to the Electrical industry average (1.1%).
Return on Equity
High ROE: 301222's Return on Equity (8.7%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/04 00:29 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhejiang Hengwei Battery Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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