Zhejiang Extek Technology Past Earnings Performance
Past criteria checks 1/6
Zhejiang Extek Technology has been growing earnings at an average annual rate of 16.6%, while the Machinery industry saw earnings growing at 10.4% annually. Revenues have been declining at an average rate of 3.4% per year. Zhejiang Extek Technology's return on equity is 7.5%, and it has net margins of 17.8%.
Key information
16.6%
Earnings growth rate
7.9%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | -3.4% |
| Return on equity | 7.5% |
| Net Margin | 17.8% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Zhejiang Extek 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 | 555 | 99 | 33 | 26 |
| 31 Dec 23 | 567 | 101 | 31 | 26 |
| 30 Sep 23 | 586 | 113 | 30 | 25 |
| 30 Jun 23 | 586 | 112 | 28 | 24 |
| 31 Mar 23 | 575 | 104 | 28 | 22 |
| 01 Jan 23 | 567 | 105 | 27 | 23 |
| 31 Dec 21 | 491 | 86 | 25 | 21 |
| 31 Dec 20 | 328 | 62 | 17 | 14 |
| 31 Dec 19 | 300 | 44 | 33 | 13 |
| 31 Dec 18 | 244 | 9 | 44 | 14 |
Quality Earnings: 301399 has a high level of non-cash earnings.
Growing Profit Margin: 301399's current net profit margins (17.8%) are lower than last year (18.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301399's earnings have grown by 16.6% per year over the past 5 years.
Accelerating Growth: 301399's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301399 had negative earnings growth (-4.9%) over the past year, making it difficult to compare to the Machinery industry average (2.3%).
Return on Equity
High ROE: 301399's Return on Equity (7.5%) is considered low.