Wangneng EnvironmentLtd Past Earnings Performance
Past criteria checks 2/6
Wangneng EnvironmentLtd has been growing earnings at an average annual rate of 8.5%, while the Commercial Services industry saw earnings growing at 1.6% annually. Revenues have been growing at an average rate of 19.8% per year. Wangneng EnvironmentLtd's return on equity is 8%, and it has net margins of 18.7%.
Key information
8.5%
Earnings growth rate
7.7%
EPS growth rate
| Commercial Services Industry Growth | 7.0% |
| Revenue growth rate | 19.8% |
| Return on equity | 8.0% |
| Net Margin | 18.7% |
| Last Earnings Update | 30 Sep 2024 |
Revenue & Expenses Breakdown
How Wangneng EnvironmentLtd 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 | 3,206 | 600 | 238 | 116 |
| 30 Jun 24 | 3,228 | 615 | 259 | 113 |
| 31 Mar 24 | 3,099 | 621 | 237 | 108 |
| 31 Dec 23 | 3,178 | 603 | 235 | 103 |
| 30 Sep 23 | 3,422 | 703 | 187 | 103 |
| 30 Jun 23 | 3,425 | 744 | 173 | 101 |
| 31 Mar 23 | 3,555 | 723 | 185 | 101 |
| 01 Jan 23 | 3,350 | 728 | 181 | 94 |
| 30 Sep 22 | 2,870 | 726 | 212 | 87 |
| 30 Jun 22 | 3,352 | 672 | 208 | 73 |
| 31 Mar 22 | 3,116 | 692 | 191 | 60 |
| 01 Jan 22 | 3,000 | 670 | 182 | 56 |
| 30 Sep 21 | 2,966 | 628 | 160 | 46 |
| 30 Jun 21 | 2,075 | 625 | 148 | 44 |
| 31 Mar 21 | 1,907 | 583 | 132 | 43 |
| 31 Dec 20 | 1,698 | 522 | 119 | 41 |
| 30 Sep 20 | 1,477 | 485 | 113 | 39 |
| 30 Jun 20 | 1,323 | 440 | 103 | 38 |
| 31 Mar 20 | 1,287 | 444 | 96 | 39 |
| 31 Dec 19 | 1,171 | 421 | 84 | 38 |
| 30 Sep 19 | 1,109 | 397 | 78 | 49 |
| 30 Jun 19 | 1,041 | 394 | 65 | 50 |
| 31 Mar 19 | 876 | 320 | 70 | 33 |
| 31 Dec 18 | 836 | 306 | 65 | 32 |
| 30 Sep 18 | 268 | 288 | -30 | 15 |
| 30 Jun 18 | 431 | 252 | 18 | 4 |
| 31 Mar 18 | 791 | 278 | 46 | 12 |
| 31 Dec 17 | 769 | 231 | 57 | 4 |
| 30 Sep 17 | 1,279 | 271 | 133 | 0 |
| 30 Jun 17 | 1,054 | 216 | 98 | 0 |
| 31 Mar 17 | 761 | 123 | 69 | 0 |
| 31 Dec 16 | 769 | 119 | 68 | 0 |
| 30 Sep 16 | 930 | 36 | 105 | 0 |
| 30 Jun 16 | 972 | 39 | 104 | 0 |
| 31 Mar 16 | 929 | 43 | 100 | 0 |
| 31 Dec 15 | 899 | 39 | 96 | 0 |
| 30 Sep 15 | 844 | -1 | 89 | 0 |
| 30 Jun 15 | 885 | -14 | 94 | 0 |
| 31 Mar 15 | 1,000 | -18 | 100 | 0 |
| 31 Dec 14 | 1,087 | -16 | 110 | 0 |
| 30 Sep 14 | 1,165 | 25 | 108 | 0 |
| 30 Jun 14 | 1,254 | 37 | 117 | 0 |
| 31 Mar 14 | 1,326 | 39 | 113 | 0 |
| 31 Dec 13 | 1,343 | 38 | 121 | 0 |
Quality Earnings: 002034 has high quality earnings.
Growing Profit Margin: 002034's current net profit margins (18.7%) are lower than last year (20.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002034's earnings have grown by 8.5% per year over the past 5 years.
Accelerating Growth: 002034's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002034 had negative earnings growth (-14.8%) over the past year, making it difficult to compare to the Commercial Services industry average (0.9%).
Return on Equity
High ROE: 002034's Return on Equity (8%) is considered low.