Weima Agricultural MachineryLtd Past Earnings Performance
Past criteria checks 1/6
Weima Agricultural MachineryLtd has been growing earnings at an average annual rate of 8.4%, while the Machinery industry saw earnings growing at 7.3% annually. Revenues have been growing at an average rate of 8% per year. Weima Agricultural MachineryLtd's return on equity is 7%, and it has net margins of 8.7%.
Key information
8.4%
Earnings growth rate
3.2%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 8.0% |
| Return on equity | 7.0% |
| Net Margin | 8.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Sep 24 | 893 | 78 | 58 | 30 |
| 30 Jun 24 | 831 | 74 | 57 | 28 |
| 31 Mar 24 | 794 | 75 | 51 | 26 |
| 31 Dec 23 | 789 | 73 | 49 | 25 |
| 30 Sep 23 | 771 | 82 | 44 | 22 |
| 30 Jun 23 | 726 | 78 | 38 | 20 |
| 31 Mar 23 | 672 | 70 | 34 | 18 |
| 01 Jan 23 | 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 (8.7%) 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 8.4% per year over the past 5 years.
Accelerating Growth: 301533's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301533 had negative earnings growth (-4.6%) over the past year, making it difficult to compare to the Machinery industry average (-0.4%).
Return on Equity
High ROE: 301533's Return on Equity (7%) is considered low.