Luoyang Xinqianglian Slewing Bearing Past Earnings Performance
Past criteria checks 2/6
Luoyang Xinqianglian Slewing Bearing has been growing earnings at an average annual rate of 1.5%, while the Machinery industry saw earnings growing at 8.7% annually. Revenues have been growing at an average rate of 1.8% per year. Luoyang Xinqianglian Slewing Bearing's return on equity is 3.7%, and it has net margins of 6.5%.
Key information
1.5%
Earnings growth rate
-4.7%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 1.8% |
| Return on equity | 3.7% |
| Net Margin | 6.5% |
| Next Earnings Update | 30 Oct 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Luoyang Xinqianglian Slewing Bearing 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 Jun 24 | 2,666 | 173 | 146 | 125 |
| 31 Mar 24 | 2,764 | 279 | 184 | 120 |
| 31 Dec 23 | 2,824 | 375 | 184 | 140 |
| 30 Sep 23 | 2,793 | 322 | 182 | 131 |
| 30 Jun 23 | 2,606 | 174 | 186 | 139 |
| 31 Mar 23 | 2,516 | 263 | 110 | 132 |
| 01 Jan 23 | 2,653 | 316 | 124 | 129 |
| 30 Sep 22 | 2,530 | 448 | 61 | 118 |
| 30 Jun 22 | 2,479 | 581 | 60 | 108 |
| 31 Mar 22 | 2,559 | 539 | 92 | 113 |
| 01 Jan 22 | 2,477 | 514 | 82 | 106 |
| 30 Sep 21 | 2,653 | 566 | 64 | 110 |
| 30 Jun 21 | 2,783 | 500 | 77 | 118 |
| 31 Mar 21 | 2,481 | 470 | 70 | 109 |
| 31 Dec 20 | 2,064 | 425 | 55 | 96 |
| 30 Sep 20 | 1,532 | 302 | 74 | 75 |
| 30 Jun 20 | 909 | 169 | 38 | 48 |
| 31 Mar 20 | 650 | 112 | 31 | 33 |
| 31 Dec 19 | 643 | 100 | 35 | 30 |
| 31 Dec 18 | 457 | 57 | 26 | 21 |
| 31 Dec 17 | 371 | 41 | 25 | 25 |
| 31 Dec 16 | 355 | 43 | 25 | 24 |
Quality Earnings: 300850 has high quality earnings.
Growing Profit Margin: 300850's current net profit margins (6.5%) are lower than last year (6.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300850's earnings have grown by 1.5% per year over the past 5 years.
Accelerating Growth: 300850's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 300850 had negative earnings growth (-0.6%) over the past year, making it difficult to compare to the Machinery industry average (-2.9%).
Return on Equity
High ROE: 300850's Return on Equity (3.7%) is considered low.