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% |
| Last Earnings Update | 30 Sep 2024 |
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.