Zhejiang Rongtai Electric MaterialLtd Past Earnings Performance
Past criteria checks 5/6
Zhejiang Rongtai Electric MaterialLtd has been growing earnings at an average annual rate of 30.7%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 21.1% per year. Zhejiang Rongtai Electric MaterialLtd's return on equity is 12.5%, and it has net margins of 21.5%.
Key information
30.7%
Earnings growth rate
17.9%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 21.1% |
| Return on equity | 12.5% |
| Net Margin | 21.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Zhejiang Rongtai Electric MaterialLtd 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 | 1,027 | 221 | 75 | 58 |
| 30 Jun 24 | 949 | 203 | 72 | 52 |
| 31 Mar 24 | 862 | 188 | 76 | 49 |
| 31 Dec 23 | 800 | 172 | 65 | 45 |
| 30 Sep 23 | 778 | 157 | 62 | 41 |
| 30 Jun 23 | 736 | 148 | 56 | 34 |
| 31 Mar 23 | 684 | 140 | 48 | 33 |
| 31 Dec 22 | 667 | 134 | 50 | 34 |
| 31 Dec 21 | 522 | 104 | 39 | 29 |
| 31 Dec 20 | 365 | 29 | 38 | 23 |
| 31 Dec 19 | 306 | 22 | 32 | 19 |
Quality Earnings: 603119 has high quality earnings.
Growing Profit Margin: 603119's current net profit margins (21.5%) are higher than last year (20.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603119's earnings have grown significantly by 30.7% per year over the past 5 years.
Accelerating Growth: 603119's earnings growth over the past year (40.8%) exceeds its 5-year average (30.7% per year).
Earnings vs Industry: 603119 earnings growth over the past year (40.8%) exceeded the Electrical industry 1.1%.
Return on Equity
High ROE: 603119's Return on Equity (12.5%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 18:18 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhejiang Rongtai Electric Material Co.,Ltd. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Weichen Wu | Citic Securities Co., Ltd. |
| Xiaoya Sun | Tianfeng Securities Brokerage Co., Ltd |