Rongcheer Industrial Technology (Suzhou) Past Earnings Performance
Past criteria checks 4/6
Rongcheer Industrial Technology (Suzhou) has been growing earnings at an average annual rate of 6.6%, while the Machinery industry saw earnings growing at 7.3% annually. Revenues have been growing at an average rate of 16.3% per year. Rongcheer Industrial Technology (Suzhou)'s return on equity is 4.5%, and it has net margins of 14.2%.
Key information
6.6%
Earnings growth rate
0.4%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 16.3% |
| Return on equity | 4.5% |
| Net Margin | 14.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Returns On Capital At Rongcheer Industrial Technology (Suzhou) (SZSE:301360) Paint A Concerning Picture
Aug 01
Rongcheer Industrial Technology (Suzhou)'s (SZSE:301360) Anemic Earnings Might Be Worse Than You Think
May 01Rongcheer Industrial Technology (Suzhou) Co., Ltd.'s (SZSE:301360) Share Price Is Still Matching Investor Opinion Despite 31% Slump
Apr 21Revenue & Expenses Breakdown
How Rongcheer Industrial Technology (Suzhou) 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 | 369 | 52 | 59 | 59 |
| 30 Jun 24 | 368 | 55 | 60 | 59 |
| 31 Mar 24 | 366 | 46 | 64 | 57 |
| 31 Dec 23 | 365 | 44 | 60 | 55 |
| 30 Sep 23 | 368 | 43 | 59 | 55 |
| 30 Jun 23 | 381 | 58 | 53 | 49 |
| 31 Mar 23 | 366 | 65 | 44 | 44 |
| 01 Jan 23 | 360 | 67 | 41 | 41 |
| 30 Sep 22 | 315 | 59 | 44 | 38 |
| 30 Jun 22 | 304 | 62 | 39 | 36 |
| 31 Mar 22 | 268 | 50 | 37 | 35 |
| 31 Dec 21 | 291 | 57 | 39 | 34 |
| 31 Dec 20 | 243 | 45 | 29 | 23 |
| 31 Dec 19 | 102 | 23 | 18 | 14 |
| 31 Dec 18 | 89 | 24 | 18 | 11 |
Quality Earnings: 301360 has a high level of non-cash earnings.
Growing Profit Margin: 301360's current net profit margins (14.2%) are higher than last year (11.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301360's earnings have grown by 6.6% per year over the past 5 years.
Accelerating Growth: 301360's earnings growth over the past year (21.2%) exceeds its 5-year average (6.6% per year).
Earnings vs Industry: 301360 earnings growth over the past year (21.2%) exceeded the Machinery industry -0.4%.
Return on Equity
High ROE: 301360's Return on Equity (4.5%) is considered low.