Hangzhou Zhongheng Electric Co., Ltd

XSEC:002364 Stock Report

Market Cap: CN¥6.4b

Hangzhou Zhongheng Electric Past Earnings Performance

Past criteria checks 1/6

Hangzhou Zhongheng Electric's earnings have been declining at an average annual rate of -18.3%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 7.2% per year. Hangzhou Zhongheng Electric's return on equity is 3.9%, and it has net margins of 5.4%.

Key information

-18.3%

Earnings growth rate

-19.2%

EPS growth rate

Electrical Industry Growth14.0%
Revenue growth rate7.2%
Return on equity3.9%
Net Margin5.4%
Next Earnings Update22 Apr 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Hangzhou Zhongheng Electric makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

XSEC:002364 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,75695220153
30 Jun 241,68096235146
31 Mar 241,63644229149
31 Dec 231,55539231147
30 Sep 231,566-40223153
30 Jun 231,642-53221162
31 Mar 231,625-55222171
01 Jan 231,609-56216178
30 Sep 221,76429255174
30 Jun 221,78157236158
31 Mar 221,83576235162
01 Jan 221,81989242157
30 Sep 211,71064250149
30 Jun 211,68793260149
31 Mar 211,604128261128
31 Dec 201,43385247119
30 Sep 201,352110221116
30 Jun 201,20368213108
31 Mar 201,04141198108
31 Dec 191,17477206108
30 Sep 191,02650187100
30 Jun 191,01678187102
31 Mar 191,0217718594
31 Dec 189847718689
30 Sep 188987218389
30 Jun 1885644132124
31 Mar 1887044161104
31 Dec 178666416688
30 Sep 1786310719658
30 Jun 178611202480
31 Mar 178681472340
31 Dec 168911582340
30 Sep 168991752400
30 Jun 169081772360
31 Mar 168801592230
31 Dec 158421432120
30 Sep 157511521570
30 Jun 157041441470
31 Mar 156491321370
31 Dec 146011261360
30 Sep 145281111200
30 Jun 144741011120
31 Mar 14459941140

Quality Earnings: 002364 has a large one-off loss of CN¥22.4M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 002364 became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 002364's earnings have declined by 18.3% per year over the past 5 years.

Accelerating Growth: 002364 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 002364 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electrical industry (1.1%).

Return on Equity

High ROE: 002364's Return on Equity (3.9%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 23:37
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hangzhou Zhongheng Electric Co., Ltd is covered by 12 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lu HuChangjiang Securities Co. LTD.
Tao ZengChina International Capital Corporation Limited
Cai FuChina Minzu Securities