Zhejiang Tongxing Technology Past Earnings Performance
Past criteria checks 4/6
Zhejiang Tongxing Technology has been growing earnings at an average annual rate of 25.1%, while the Machinery industry saw earnings growing at 9.5% annually. Revenues have been growing at an average rate of 29.1% per year. Zhejiang Tongxing Technology's return on equity is 11.2%, and it has net margins of 12.8%.
Key information
25.1%
Earnings growth rate
20.7%
EPS growth rate
Machinery Industry Growth | 11.8% |
Revenue growth rate | 29.1% |
Return on equity | 11.2% |
Net Margin | 12.8% |
Next Earnings Update | 23 Aug 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Zhejiang Tongxing 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 | 1,043 | 133 | 74 | 39 |
31 Dec 23 | 980 | 119 | 69 | 36 |
30 Sep 23 | 945 | 117 | 70 | 28 |
30 Jun 23 | 886 | 111 | 62 | 26 |
31 Mar 23 | 808 | 87 | 55 | 25 |
01 Jan 23 | 809 | 84 | 57 | 25 |
30 Sep 22 | 812 | 81 | 51 | 28 |
30 Jun 22 | 824 | 76 | 52 | 28 |
31 Mar 22 | 804 | 73 | 52 | 27 |
31 Dec 21 | 784 | 70 | 52 | 26 |
31 Dec 20 | 502 | 48 | 39 | 19 |
31 Dec 19 | 413 | 41 | 43 | 18 |
31 Dec 18 | 367 | 21 | 45 | 17 |
Quality Earnings: 301252 has a high level of non-cash earnings.
Growing Profit Margin: 301252's current net profit margins (12.8%) are higher than last year (10.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301252's earnings have grown significantly by 25.1% per year over the past 5 years.
Accelerating Growth: 301252's earnings growth over the past year (53.2%) exceeds its 5-year average (25.1% per year).
Earnings vs Industry: 301252 earnings growth over the past year (53.2%) exceeded the Machinery industry 4.2%.
Return on Equity
High ROE: 301252's Return on Equity (11.2%) is considered low.