Finework (Hu Nan) New Energy Technology Past Earnings Performance
Past criteria checks 0/6
Finework (Hu Nan) New Energy Technology's earnings have been declining at an average annual rate of -2.2%, while the Machinery industry saw earnings growing at 9.6% annually. Revenues have been growing at an average rate of 23.1% per year. Finework (Hu Nan) New Energy Technology's return on equity is 0.9%, and it has net margins of 0.7%.
Key information
-2.2%
Earnings growth rate
-6.2%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 23.1% |
| Return on equity | 0.9% |
| Net Margin | 0.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
There May Be Some Bright Spots In Finework (Hu Nan) New Energy Technology's (SZSE:301232) Earnings
May 02
Finework (Hu Nan) New Energy Technology Co., Ltd's (SZSE:301232) 26% Dip In Price Shows Sentiment Is Matching Revenues
Apr 29Finework (Hu Nan) New Energy Technology Co., Ltd (SZSE:301232) Shares Fly 32% But Investors Aren't Buying For Growth
Mar 07Revenue & Expenses Breakdown
How Finework (Hu Nan) New Energy Technology 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 |
|---|---|---|---|---|
| 31 Mar 24 | 1,604 | 11 | 101 | 52 |
| 31 Dec 23 | 1,644 | 56 | 91 | 51 |
| 30 Sep 23 | 1,617 | 87 | 85 | 49 |
| 30 Jun 23 | 1,486 | 97 | 71 | 48 |
| 31 Mar 23 | 1,336 | 90 | 62 | 43 |
| 01 Jan 23 | 1,340 | 90 | 61 | 43 |
| 30 Sep 22 | 1,259 | 85 | 60 | 39 |
| 30 Jun 22 | 1,211 | 90 | 56 | 34 |
| 31 Mar 22 | 1,170 | 84 | 56 | 34 |
| 31 Dec 21 | 1,130 | 78 | 56 | 34 |
| 30 Sep 21 | 1,160 | 103 | 62 | 39 |
| 30 Jun 21 | 1,191 | 128 | 68 | 43 |
| 31 Mar 21 | 1,279 | 163 | 69 | 43 |
| 31 Dec 20 | 1,196 | 160 | 79 | 38 |
| 30 Sep 20 | 996 | 124 | 76 | 31 |
| 30 Jun 20 | 796 | 87 | 74 | 23 |
| 31 Mar 20 | 576 | 58 | 67 | 20 |
| 31 Dec 19 | 526 | 66 | 51 | 21 |
| 30 Sep 19 | 457 | 64 | 40 | 18 |
| 30 Jun 19 | 389 | 61 | 30 | 16 |
| 31 Mar 19 | 331 | 47 | 27 | 13 |
| 31 Dec 18 | 273 | 33 | 25 | 11 |
| 01 Oct 18 | 230 | 24 | 25 | 10 |
| 30 Jun 18 | 180 | 19 | 18 | 10 |
| 31 Mar 18 | 162 | 19 | 17 | 9 |
| 31 Dec 17 | 147 | 17 | 27 | 0 |
| 30 Sep 17 | 132 | 19 | 17 | 5 |
| 30 Jun 17 | 121 | 19 | 18 | 3 |
| 31 Mar 17 | 111 | 17 | 19 | 1 |
| 31 Dec 16 | 99 | 14 | 21 | 0 |
| 01 Jan 16 | 81 | 7 | 18 | 0 |
| 31 Dec 14 | 42 | 1 | 11 | 0 |
Quality Earnings: 301232 has a large one-off loss of CN¥12.8M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 301232's current net profit margins (0.7%) are lower than last year (6.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301232's earnings have declined by 2.2% per year over the past 5 years.
Accelerating Growth: 301232's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301232 had negative earnings growth (-88%) over the past year, making it difficult to compare to the Machinery industry average (2.8%).
Return on Equity
High ROE: 301232's Return on Equity (0.9%) is considered low.