Wuxi Xinhongye Wire & Cable Past Earnings Performance
Past criteria checks 5/6
Wuxi Xinhongye Wire & Cable has been growing earnings at an average annual rate of 26%, while the Electrical industry saw earnings growing at 12.5% annually. Revenues have been growing at an average rate of 26.3% per year. Wuxi Xinhongye Wire & Cable's return on equity is 7.1%, and it has net margins of 8.3%.
Key information
26.0%
Earnings growth rate
26.8%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 26.3% |
| Return on equity | 7.1% |
| Net Margin | 8.3% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Wuxi Xinhongye Wire & Cable 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 Jun 23 | 1,897 | 157 | 39 | 56 |
| 31 Mar 23 | 1,853 | 151 | 40 | 56 |
| 31 Dec 22 | 1,808 | 145 | 41 | 55 |
| 30 Jun 22 | 1,502 | 119 | 38 | 46 |
| 31 Mar 22 | 1,360 | 113 | 34 | 42 |
| 31 Dec 21 | 1,219 | 107 | 30 | 38 |
| 31 Dec 20 | 700 | 67 | 26 | 23 |
| 31 Dec 19 | 539 | 44 | 35 | 18 |
| 31 Dec 18 | 547 | 48 | 44 | 17 |
Quality Earnings: 301310 has high quality earnings.
Growing Profit Margin: 301310's current net profit margins (8.3%) are higher than last year (7.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301310's earnings have grown significantly by 26% per year over the past 5 years.
Accelerating Growth: 301310's earnings growth over the past year (31.8%) exceeds its 5-year average (26% per year).
Earnings vs Industry: 301310 earnings growth over the past year (31.8%) exceeded the Electrical industry 0.6%.
Return on Equity
High ROE: 301310's Return on Equity (7.1%) is considered low.