Zhejiang Wandekai Fluid Equipment Technology Past Earnings Performance
Past criteria checks 4/6
Zhejiang Wandekai Fluid Equipment Technology has been growing earnings at an average annual rate of 14.3%, while the Building industry saw earnings growing at 3.5% annually. Revenues have been growing at an average rate of 8.8% per year. Zhejiang Wandekai Fluid Equipment Technology's return on equity is 9.5%, and it has net margins of 15.4%.
Key information
14.3%
Earnings growth rate
6.9%
EPS growth rate
| Building Industry Growth | 7.0% |
| Revenue growth rate | 8.8% |
| Return on equity | 9.5% |
| Net Margin | 15.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Capital Allocation Trends At Zhejiang Wandekai Fluid Equipment Technology (SZSE:301309) Aren't Ideal
Aug 14
Zhejiang Wandekai Fluid Equipment Technology's (SZSE:301309) Dividend Is Being Reduced To CN¥0.30
Jun 07We Think You Should Be Aware Of Some Concerning Factors In Zhejiang Wandekai Fluid Equipment Technology's (SZSE:301309) Earnings
May 03Revenue & Expenses Breakdown
How Zhejiang Wandekai Fluid Equipment 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 |
|---|---|---|---|---|
| 30 Sep 24 | 946 | 146 | 52 | 28 |
| 30 Jun 24 | 850 | 130 | 52 | 28 |
| 31 Mar 24 | 790 | 130 | 55 | 25 |
| 31 Dec 23 | 689 | 104 | 50 | 24 |
| 30 Sep 23 | 643 | 93 | 55 | 21 |
| 30 Jun 23 | 638 | 108 | 49 | 22 |
| 31 Mar 23 | 724 | 116 | 46 | 24 |
| 01 Jan 23 | 777 | 125 | 47 | 26 |
| 30 Sep 22 | 802 | 129 | 41 | 29 |
| 01 Jan 22 | 746 | 107 | 38 | 26 |
| 31 Dec 20 | 559 | 70 | 23 | 20 |
| 31 Dec 19 | 512 | 51 | 40 | 17 |
| 31 Dec 18 | 415 | 54 | 25 | 16 |
Quality Earnings: 301309 has a high level of non-cash earnings.
Growing Profit Margin: 301309's current net profit margins (15.4%) are higher than last year (14.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301309's earnings have grown by 14.3% per year over the past 5 years.
Accelerating Growth: 301309's earnings growth over the past year (57.4%) exceeds its 5-year average (14.3% per year).
Earnings vs Industry: 301309 earnings growth over the past year (57.4%) exceeded the Building industry -8%.
Return on Equity
High ROE: 301309's Return on Equity (9.5%) is considered low.