Qingdao Tianneng Heavy IndustriesLtd Past Earnings Performance
Past criteria checks 0/6
Qingdao Tianneng Heavy IndustriesLtd's earnings have been declining at an average annual rate of -11.3%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 10.2% per year. Qingdao Tianneng Heavy IndustriesLtd's return on equity is 0.8%, and it has net margins of 1.5%.
Key information
-11.3%
Earnings growth rate
-17.8%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 10.2% |
| Return on equity | 0.8% |
| Net Margin | 1.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Qingdao Tianneng Heavy IndustriesLtd 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 | 3,435 | 52 | 277 | 20 |
| 30 Jun 24 | 4,062 | 193 | 292 | 27 |
| 31 Mar 24 | 4,247 | 241 | 313 | 40 |
| 31 Dec 23 | 4,235 | 251 | 326 | 45 |
| 30 Sep 23 | 4,200 | 275 | 288 | 84 |
| 30 Jun 23 | 4,304 | 234 | 272 | 122 |
| 31 Mar 23 | 4,256 | 257 | 248 | 121 |
| 01 Jan 23 | 4,183 | 229 | 231 | 124 |
| 30 Sep 22 | 4,499 | 271 | 222 | 123 |
| 30 Jun 22 | 4,298 | 356 | 195 | 99 |
| 31 Mar 22 | 4,232 | 390 | 183 | 108 |
| 01 Jan 22 | 4,144 | 455 | 186 | 107 |
| 30 Sep 21 | 3,686 | 519 | 177 | 100 |
| 30 Jun 21 | 3,258 | 488 | 168 | 100 |
| 31 Mar 21 | 3,445 | 488 | 179 | 96 |
| 31 Dec 20 | 3,425 | 428 | 179 | 92 |
| 30 Sep 20 | 2,974 | 375 | 174 | 86 |
| 30 Jun 20 | 2,840 | 342 | 207 | 77 |
| 31 Mar 20 | 2,432 | 272 | 210 | 73 |
| 31 Dec 19 | 2,464 | 269 | 224 | 68 |
| 30 Sep 19 | 2,103 | 188 | 199 | 53 |
| 30 Jun 19 | 1,872 | 156 | 187 | 47 |
| 31 Mar 19 | 1,619 | 112 | 164 | 38 |
| 31 Dec 18 | 1,394 | 102 | 147 | 38 |
| 30 Sep 18 | 1,041 | 85 | 130 | 29 |
| 30 Jun 18 | 774 | 76 | 99 | 32 |
| 31 Mar 18 | 704 | 82 | 94 | 26 |
| 31 Dec 17 | 738 | 96 | 92 | 23 |
| 30 Sep 17 | 673 | 89 | 118 | 12 |
| 30 Jun 17 | 739 | 112 | 127 | 0 |
| 31 Mar 17 | 893 | 168 | 130 | 0 |
| 31 Dec 16 | 961 | 171 | 142 | 0 |
| 30 Sep 16 | 1,041 | 226 | 229 | 0 |
| 31 Dec 15 | 1,013 | 173 | 148 | 0 |
| 31 Dec 14 | 956 | 74 | 112 | 0 |
| 31 Dec 13 | 578 | 39 | 72 | 0 |
Quality Earnings: 300569 has a large one-off loss of CN¥11.6M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 300569's current net profit margins (1.5%) are lower than last year (6.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300569's earnings have declined by 11.3% per year over the past 5 years.
Accelerating Growth: 300569's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 300569 had negative earnings growth (-81%) over the past year, making it difficult to compare to the Electrical industry average (1.1%).
Return on Equity
High ROE: 300569's Return on Equity (0.8%) is considered low.