Zhejiang Tongxing Technology CO., Ltd.

SZSE:301252 Stock Report

Market Cap: CN¥3.3b

Zhejiang Tongxing Technology Past Earnings Performance

Past criteria checks 2/6

Zhejiang Tongxing Technology has been growing earnings at an average annual rate of 22.7%, while the Machinery industry saw earnings growing at 7.4% annually. Revenues have been growing at an average rate of 16.4% per year. Zhejiang Tongxing Technology's return on equity is 10.2%, and it has net margins of 11.5%.

Key information

22.7%

Earnings growth rate

16.5%

EPS growth rate

Machinery Industry Growth11.8%
Revenue growth rate16.4%
Return on equity10.2%
Net Margin11.5%
Last Earnings Update30 Sep 2024

Recent past performance updates

Solid Earnings May Not Tell The Whole Story For Zhejiang Tongxing Technology (SZSE:301252)

Aug 21
Solid Earnings May Not Tell The Whole Story For Zhejiang Tongxing Technology (SZSE:301252)

Recent updates

Solid Earnings May Not Tell The Whole Story For Zhejiang Tongxing Technology (SZSE:301252)

Aug 21
Solid Earnings May Not Tell The Whole Story For Zhejiang Tongxing Technology (SZSE:301252)

Earnings Not Telling The Story For Zhejiang Tongxing Technology CO., Ltd. (SZSE:301252)

May 29
Earnings Not Telling The Story For Zhejiang Tongxing Technology CO., Ltd. (SZSE:301252)

Revenue & Expenses Breakdown

How Zhejiang Tongxing Technology makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:301252 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,0641227241
30 Jun 241,0441226740
31 Mar 241,0431337439
31 Dec 239801196936
30 Sep 239451177028
30 Jun 238861116526
31 Mar 23808875525
01 Jan 23809845725
30 Sep 22812815128
30 Jun 22824765228
31 Mar 22804735227
31 Dec 21784705226
31 Dec 20502483919
31 Dec 19413414318
31 Dec 18367214517

Quality Earnings: 301252 has a high level of non-cash earnings.

Growing Profit Margin: 301252's current net profit margins (11.5%) are lower than last year (12.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 301252's earnings have grown significantly by 22.7% per year over the past 5 years.

Accelerating Growth: 301252's earnings growth over the past year (4.8%) is below its 5-year average (22.7% per year).

Earnings vs Industry: 301252 earnings growth over the past year (4.8%) exceeded the Machinery industry -0.2%.


Return on Equity

High ROE: 301252's Return on Equity (10.2%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 20:14
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Zhejiang Tongxing Technology 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.

AnalystInstitution