Ningbo Ronbay New Energy TechnologyLtd Past Earnings Performance
Past criteria checks 1/6
Ningbo Ronbay New Energy TechnologyLtd has been growing earnings at an average annual rate of 20.2%, while the Electrical industry saw earnings growing at 10.1% annually. Revenues have been growing at an average rate of 35.6% per year. Ningbo Ronbay New Energy TechnologyLtd's return on equity is 1.3%, and it has net margins of 0.5%.
Key information
20.2%
Earnings growth rate
19.5%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 35.6% |
| Return on equity | 1.3% |
| Net Margin | 0.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Ningbo Ronbay New Energy TechnologyLtd 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 | 15,406 | 81 | 489 | 446 |
| 30 Jun 24 | 16,651 | 212 | 486 | 413 |
| 31 Mar 24 | 17,981 | 233 | 468 | 389 |
| 31 Dec 23 | 22,657 | 581 | 468 | 354 |
| 30 Sep 23 | 29,417 | 1,051 | 475 | 307 |
| 30 Jun 23 | 31,464 | 997 | 446 | 300 |
| 31 Mar 23 | 33,323 | 1,372 | 501 | 341 |
| 31 Dec 22 | 30,123 | 1,353 | 501 | 487 |
| 30 Sep 22 | 23,288 | 1,280 | 494 | 553 |
| 30 Jun 22 | 18,220 | 1,326 | 464 | 553 |
| 31 Mar 22 | 14,033 | 1,084 | 323 | 505 |
| 31 Dec 21 | 10,259 | 911 | 237 | 360 |
| 30 Sep 21 | 7,700 | 648 | 120 | 265 |
| 30 Jun 21 | 6,155 | 480 | 84 | 201 |
| 31 Mar 21 | 4,536 | 307 | 82 | 162 |
| 31 Dec 20 | 3,795 | 213 | 71 | 146 |
| 30 Sep 20 | 3,438 | 42 | 238 | 122 |
| 30 Jun 20 | 3,473 | 27 | 252 | 145 |
| 31 Mar 20 | 4,015 | 83 | 270 | 171 |
| 31 Dec 19 | 4,190 | 87 | 277 | 165 |
| 30 Sep 19 | 4,069 | 217 | 164 | 169 |
| 30 Jun 19 | 3,656 | 214 | 140 | 144 |
| 31 Mar 19 | 3,286 | 204 | 160 | 150 |
| 31 Dec 18 | 3,041 | 213 | 135 | 120 |
| 31 Dec 17 | 1,879 | 31 | 141 | 77 |
| 31 Dec 16 | 885 | 7 | 56 | 32 |
Quality Earnings: 688005 has a large one-off gain of CN¥250.0M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 688005's current net profit margins (0.5%) are lower than last year (3.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688005's earnings have grown significantly by 20.2% per year over the past 5 years.
Accelerating Growth: 688005's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688005 had negative earnings growth (-92.3%) over the past year, making it difficult to compare to the Electrical industry average (1.5%).
Return on Equity
High ROE: 688005's Return on Equity (1.3%) is considered low.