Ningbo Zhenyu Technology Past Earnings Performance
Past criteria checks 3/6
Ningbo Zhenyu Technology's earnings have been declining at an average annual rate of -2.5%, while the Machinery industry saw earnings growing at 7.3% annually. Revenues have been growing at an average rate of 40.4% per year. Ningbo Zhenyu Technology's return on equity is 6%, and it has net margins of 2.4%.
Key information
-2.5%
Earnings growth rate
-11.0%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 40.4% |
| Return on equity | 6.0% |
| Net Margin | 2.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Ningbo Zhenyu Technology 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 | 6,758 | 160 | 242 | 239 |
| 30 Jun 24 | 6,753 | 139 | 262 | 258 |
| 31 Mar 24 | 6,392 | 79 | 282 | 244 |
| 31 Dec 23 | 6,019 | 43 | 293 | 253 |
| 30 Sep 23 | 6,017 | 24 | 319 | 257 |
| 30 Jun 23 | 5,637 | 34 | 309 | 234 |
| 31 Mar 23 | 5,565 | 63 | 287 | 232 |
| 01 Jan 23 | 5,752 | 104 | 271 | 215 |
| 30 Sep 22 | 5,110 | 187 | 226 | 199 |
| 30 Jun 22 | 4,460 | 202 | 187 | 170 |
| 31 Mar 22 | 3,779 | 185 | 171 | 154 |
| 01 Jan 22 | 3,034 | 170 | 161 | 133 |
| 30 Sep 21 | 2,424 | 180 | 132 | 106 |
| 30 Jun 21 | 1,904 | 170 | 118 | 88 |
| 31 Mar 21 | 1,566 | 171 | 98 | 60 |
| 31 Dec 20 | 1,193 | 130 | 77 | 42 |
| 30 Sep 20 | 896 | 87 | 82 | 33 |
| 30 Jun 20 | 763 | 71 | 73 | 27 |
| 31 Mar 20 | 707 | 59 | 69 | 24 |
| 31 Dec 19 | 750 | 77 | 69 | 26 |
| 31 Dec 18 | 597 | 55 | 56 | 21 |
| 31 Dec 17 | 305 | 19 | 43 | 14 |
| 31 Dec 16 | 224 | 22 | 31 | 18 |
| 31 Dec 14 | 147 | 23 | 35 | 0 |
| 31 Dec 13 | 146 | 29 | 34 | 0 |
Quality Earnings: 300953 has a high level of non-cash earnings.
Growing Profit Margin: 300953's current net profit margins (2.4%) are higher than last year (0.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300953's earnings have declined by 2.5% per year over the past 5 years.
Accelerating Growth: 300953's earnings growth over the past year (570%) exceeds its 5-year average (-2.5% per year).
Earnings vs Industry: 300953 earnings growth over the past year (570%) exceeded the Machinery industry -0.4%.
Return on Equity
High ROE: 300953's Return on Equity (6%) is considered low.