Zhejiang Extek Technology Co., Ltd.

XSEC:301399 Stock Report

Market Cap: CN¥2.8b

Zhejiang Extek Technology Past Earnings Performance

Past criteria checks 1/6

Zhejiang Extek Technology has been growing earnings at an average annual rate of 16.6%, while the Machinery industry saw earnings growing at 9.4% annually. Revenues have been declining at an average rate of 3.4% per year. Zhejiang Extek Technology's return on equity is 7.5%, and it has net margins of 17.8%.

Key information

16.6%

Earnings growth rate

7.9%

EPS growth rate

Machinery Industry Growth11.8%
Revenue growth rate-3.4%
Return on equity7.5%
Net Margin17.8%
Last Earnings Update31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Zhejiang Extek Technology makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

XSEC:301399 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 24555993326
31 Dec 235671013126
30 Sep 235861133025
30 Jun 235861122824
31 Mar 235751042822
01 Jan 235671052723
31 Dec 21491862521
31 Dec 20328621714
31 Dec 19300443313
31 Dec 1824494414

Quality Earnings: 301399 has a high level of non-cash earnings.

Growing Profit Margin: 301399's current net profit margins (17.8%) are lower than last year (18.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 301399's earnings have grown by 16.6% per year over the past 5 years.

Accelerating Growth: 301399's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 301399 had negative earnings growth (-4.9%) over the past year, making it difficult to compare to the Machinery industry average (4.2%).


Return on Equity

High ROE: 301399's Return on Equity (7.5%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.