Tongxing Environmental Protection TechnologyLtd Past Earnings Performance
Past criteria checks 0/6
Tongxing Environmental Protection TechnologyLtd's earnings have been declining at an average annual rate of -29.6%, while the Commercial Services industry saw earnings growing at 5.8% annually. Revenues have been declining at an average rate of 2.9% per year. Tongxing Environmental Protection TechnologyLtd's return on equity is 0.5%, and it has net margins of 1%.
Key information
-29.6%
Earnings growth rate
-37.8%
EPS growth rate
| Commercial Services Industry Growth | 7.0% |
| Revenue growth rate | -2.9% |
| Return on equity | 0.5% |
| Net Margin | 1.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Tongxing Environmental Protection 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 |
|---|---|---|---|---|
| 31 Mar 24 | 734 | 7 | 93 | 66 |
| 31 Dec 23 | 775 | 26 | 93 | 62 |
| 30 Sep 23 | 851 | 66 | 90 | 64 |
| 30 Jun 23 | 876 | 94 | 99 | 48 |
| 31 Mar 23 | 919 | 115 | 89 | 52 |
| 01 Jan 23 | 938 | 120 | 101 | 56 |
| 30 Sep 22 | 959 | 119 | 107 | 61 |
| 30 Jun 22 | 916 | 146 | 88 | 58 |
| 31 Mar 22 | 941 | 164 | 95 | 55 |
| 01 Jan 22 | 933 | 162 | 90 | 49 |
| 30 Sep 21 | 834 | 160 | 67 | 44 |
| 30 Jun 21 | 880 | 178 | 75 | 51 |
| 31 Mar 21 | 818 | 164 | 62 | 50 |
| 31 Dec 20 | 768 | 154 | 58 | 46 |
| 30 Sep 20 | 849 | 179 | 100 | 73 |
| 31 Dec 19 | 759 | 170 | 65 | 46 |
| 31 Dec 18 | 708 | 128 | 50 | 40 |
| 31 Dec 17 | 370 | 69 | 39 | 17 |
| 31 Dec 16 | 128 | 12 | 24 | 8 |
Quality Earnings: 003027 has a large one-off gain of CN¥12.3M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 003027's current net profit margins (1%) are lower than last year (12.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 003027's earnings have declined by 29.6% per year over the past 5 years.
Accelerating Growth: 003027's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 003027 had negative earnings growth (-93.9%) over the past year, making it difficult to compare to the Commercial Services industry average (0.7%).
Return on Equity
High ROE: 003027's Return on Equity (0.5%) is considered low.