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.
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 | 2024/12/26 19:35 |
| End of Day Share Price | 2024/12/26 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Changzhou Xiangming Intelligent Drive System Corporation is covered by 1 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 |
|---|---|
| Sheng Feng | Zhongtai Securities Co. Ltd. |