Zhejiang TongLi Transmission Technology Past Earnings Performance
Past criteria checks 1/6
Zhejiang TongLi Transmission Technology has been growing earnings at an average annual rate of 10.7%, while the Machinery industry saw earnings growing at 8.8% annually. Revenues have been declining at an average rate of 1.4% per year. Zhejiang TongLi Transmission Technology's return on equity is 6.8%, and it has net margins of 14.9%.
Key information
10.7%
Earnings growth rate
3.4%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | -1.4% |
| Return on equity | 6.8% |
| Net Margin | 14.9% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Zhejiang TongLi Transmission 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 Jun 24 | 465 | 69 | 35 | 21 |
| 31 Mar 24 | 462 | 79 | 34 | 21 |
| 31 Dec 23 | 468 | 81 | 37 | 21 |
| 30 Sep 23 | 465 | 87 | 40 | 21 |
| 30 Jun 23 | 472 | 93 | 39 | 21 |
| 31 Mar 23 | 469 | 94 | 36 | 21 |
| 01 Jan 23 | 468 | 97 | 33 | 20 |
| 01 Jan 22 | 467 | 91 | 29 | 19 |
| 31 Dec 20 | 343 | 55 | 27 | 12 |
| 31 Dec 19 | 307 | 37 | 33 | 11 |
| 31 Dec 18 | 283 | 23 | 36 | 10 |
Quality Earnings: 301255 has a high level of non-cash earnings.
Growing Profit Margin: 301255's current net profit margins (14.9%) are lower than last year (19.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301255's earnings have grown by 10.7% per year over the past 5 years.
Accelerating Growth: 301255's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301255 had negative earnings growth (-25.8%) over the past year, making it difficult to compare to the Machinery industry average (-2.9%).
Return on Equity
High ROE: 301255's Return on Equity (6.8%) is considered low.