Neway CNC Equipment (Suzhou) Past Earnings Performance
Past criteria checks 2/6
Neway CNC Equipment (Suzhou) has been growing earnings at an average annual rate of 29.3%, while the Machinery industry saw earnings growing at 7.3% annually. Revenues have been growing at an average rate of 17.9% per year. Neway CNC Equipment (Suzhou)'s return on equity is 18.9%, and it has net margins of 12.8%.
Key information
29.3%
Earnings growth rate
23.2%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 17.9% |
| Return on equity | 18.9% |
| Net Margin | 12.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Neway CNC Equipment (Suzhou) 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 | 2,416 | 309 | 205 | 108 |
| 30 Jun 24 | 2,376 | 310 | 208 | 109 |
| 31 Mar 24 | 2,342 | 315 | 206 | 106 |
| 31 Dec 23 | 2,321 | 318 | 202 | 102 |
| 30 Sep 23 | 2,237 | 309 | 188 | 100 |
| 30 Jun 23 | 2,108 | 298 | 169 | 95 |
| 31 Mar 23 | 1,946 | 281 | 152 | 89 |
| 31 Dec 22 | 1,846 | 262 | 154 | 82 |
| 30 Sep 22 | 1,783 | 243 | 166 | 81 |
| 30 Jun 22 | 1,759 | 216 | 171 | 80 |
| 31 Mar 22 | 1,798 | 203 | 178 | 77 |
| 31 Dec 21 | 1,713 | 169 | 169 | 74 |
| 30 Sep 21 | 1,575 | 133 | 154 | 73 |
| 30 Jun 21 | 1,422 | 118 | 136 | 64 |
| 31 Mar 21 | 1,236 | 95 | 121 | 53 |
| 31 Dec 20 | 1,165 | 104 | 110 | 50 |
| 31 Dec 19 | 970 | 62 | 137 | 40 |
| 31 Dec 18 | 968 | 62 | 132 | 31 |
| 31 Dec 17 | 636 | 21 | 102 | 30 |
Quality Earnings: 688697 has a high level of non-cash earnings.
Growing Profit Margin: 688697's current net profit margins (12.8%) are lower than last year (13.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688697's earnings have grown significantly by 29.3% per year over the past 5 years.
Accelerating Growth: 688697's earnings growth over the past year (0.3%) is below its 5-year average (29.3% per year).
Earnings vs Industry: 688697 earnings growth over the past year (0.3%) exceeded the Machinery industry -0.4%.
Return on Equity
High ROE: 688697's Return on Equity (18.9%) is considered low.