Weima Agricultural MachineryLtd Past Earnings Performance
Past criteria checks 1/6
Weima Agricultural MachineryLtd has been growing earnings at an average annual rate of 9.7%, while the Machinery industry saw earnings growing at 10.4% annually. Revenues have been growing at an average rate of 14% per year. Weima Agricultural MachineryLtd's return on equity is 6.6%, and it has net margins of 9.5%.
Key information
9.7%
Earnings growth rate
6.9%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 14.0% |
| Return on equity | 6.6% |
| Net Margin | 9.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Weima Agricultural MachineryLtd 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 | 794 | 75 | 51 | 26 |
| 31 Dec 23 | 789 | 73 | 48 | 25 |
| 30 Sep 23 | 771 | 82 | 44 | 22 |
| 30 Jun 23 | 726 | 78 | 39 | 20 |
| 31 Mar 23 | 696 | 74 | 36 | 18 |
| 31 Dec 22 | 667 | 70 | 33 | 16 |
| 30 Sep 22 | 694 | 62 | 31 | 15 |
| 30 Jun 22 | 728 | 66 | 32 | 16 |
| 31 Mar 22 | 751 | 69 | 32 | 15 |
| 31 Dec 21 | 773 | 71 | 32 | 14 |
| 31 Dec 20 | 644 | 62 | 30 | 9 |
| 31 Dec 19 | 507 | 45 | 34 | 10 |
| 31 Dec 18 | 499 | 25 | 38 | 10 |
Quality Earnings: 301533 has a high level of non-cash earnings.
Growing Profit Margin: 301533's current net profit margins (9.5%) are lower than last year (10.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301533's earnings have grown by 9.7% per year over the past 5 years.
Accelerating Growth: 301533's earnings growth over the past year (1.8%) is below its 5-year average (9.7% per year).
Earnings vs Industry: 301533 earnings growth over the past year (1.8%) did not outperform the Machinery industry 2.3%.
Return on Equity
High ROE: 301533's Return on Equity (6.6%) is considered low.