Changzhou Xiangming Intelligent Drive System Past Earnings Performance
Past criteria checks 1/6
Changzhou Xiangming Intelligent Drive System's earnings have been declining at an average annual rate of -23.7%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been declining at an average rate of 14% per year. Changzhou Xiangming Intelligent Drive System's return on equity is 2.3%, and it has net margins of 4.1%.
Key information
-23.7%
Earnings growth rate
-32.6%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | -14.0% |
| Return on equity | 2.3% |
| Net Margin | 4.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
We Think That There Are More Issues For Changzhou Xiangming Intelligent Drive System (SZSE:301226) Than Just Sluggish Earnings
Nov 04
Changzhou Xiangming Intelligent Drive System's (SZSE:301226) Conservative Accounting Might Explain Soft Earnings
May 02Recent updates
There's Reason For Concern Over Changzhou Xiangming Intelligent Drive System Corporation's (SZSE:301226) Massive 31% Price Jump
Nov 06We Think That There Are More Issues For Changzhou Xiangming Intelligent Drive System (SZSE:301226) Than Just Sluggish Earnings
Nov 04Changzhou Xiangming Intelligent Drive System's (SZSE:301226) Returns On Capital Not Reflecting Well On The Business
Oct 04Changzhou Xiangming Intelligent Drive System's (SZSE:301226) Returns On Capital Not Reflecting Well On The Business
Jun 07Changzhou Xiangming Intelligent Drive System's (SZSE:301226) Conservative Accounting Might Explain Soft Earnings
May 02Revenue & Expenses Breakdown
How Changzhou Xiangming Intelligent Drive System 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 | 496 | 20 | 51 | 24 |
| 30 Jun 24 | 508 | 22 | 51 | 24 |
| 31 Mar 24 | 538 | 32 | 47 | 24 |
| 31 Dec 23 | 582 | 41 | 46 | 24 |
| 30 Sep 23 | 614 | 55 | 45 | 26 |
| 30 Jun 23 | 632 | 62 | 42 | 25 |
| 31 Mar 23 | 648 | 65 | 45 | 27 |
| 01 Jan 23 | 643 | 65 | 43 | 27 |
| 30 Sep 22 | 671 | 68 | 41 | 29 |
| 30 Jun 22 | 697 | 67 | 40 | 30 |
| 31 Mar 22 | 725 | 65 | 36 | 29 |
| 01 Jan 22 | 735 | 63 | 38 | 29 |
| 31 Dec 20 | 551 | 60 | 31 | 22 |
| 31 Dec 16 | 380 | 21 | 61 | 0 |
| 31 Dec 15 | 341 | 26 | 42 | 0 |
| 31 Dec 14 | 315 | 24 | 37 | 0 |
Quality Earnings: 301226 has high quality earnings.
Growing Profit Margin: 301226's current net profit margins (4.1%) are lower than last year (8.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301226's earnings have declined by 23.7% per year over the past 5 years.
Accelerating Growth: 301226's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301226 had negative earnings growth (-62.7%) over the past year, making it difficult to compare to the Electrical industry average (1.1%).
Return on Equity
High ROE: 301226's Return on Equity (2.3%) is considered low.