Qingdao Huicheng Environmental Technology Group Past Earnings Performance
Past criteria checks 2/6
Qingdao Huicheng Environmental Technology Group has been growing earnings at an average annual rate of 28.4%, while the Commercial Services industry saw earnings growing at 4.7% annually. Revenues have been growing at an average rate of 29.6% per year. Qingdao Huicheng Environmental Technology Group's return on equity is 6.8%, and it has net margins of 7.5%.
Key information
28.4%
Earnings growth rate
13.6%
EPS growth rate
| Commercial Services Industry Growth | 7.0% |
| Revenue growth rate | 29.6% |
| Return on equity | 6.8% |
| Net Margin | 7.5% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Impressive Earnings May Not Tell The Whole Story For Qingdao Huicheng Environmental Technology Group (SZSE:300779)
May 01
Qingdao Huicheng Environmental Technology Group Co., Ltd. (SZSE:300779) Looks Just Right With A 38% Price Jump
Apr 22Why Investors Shouldn't Be Surprised By Qingdao Huicheng Environmental Technology Group Co., Ltd.'s (SZSE:300779) 31% Share Price Surge
Mar 06Is Qingdao Huicheng Environmental Technology Group (SZSE:300779) Using Too Much Debt?
Feb 28Revenue & Expenses Breakdown
How Qingdao Huicheng Environmental Technology Group 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 Jun 24 | 1,159 | 87 | 138 | 21 |
| 31 Mar 24 | 1,128 | 123 | 127 | 20 |
| 31 Dec 23 | 1,071 | 139 | 117 | 20 |
| 30 Sep 23 | 905 | 148 | 99 | 21 |
| 30 Jun 23 | 725 | 93 | 86 | 19 |
| 31 Mar 23 | 553 | 44 | 71 | 17 |
| 01 Jan 23 | 363 | 2 | 63 | 16 |
| 30 Sep 22 | 308 | -8 | 50 | 14 |
| 30 Jun 22 | 294 | 2 | 51 | 16 |
| 31 Mar 22 | 268 | 2 | 52 | 17 |
| 01 Jan 22 | 285 | 12 | 50 | 17 |
| 30 Sep 21 | 290 | 15 | 48 | 14 |
| 30 Jun 21 | 294 | 22 | 46 | 13 |
| 31 Mar 21 | 317 | 30 | 45 | 14 |
| 31 Dec 20 | 324 | 27 | 46 | 15 |
| 30 Sep 20 | 338 | 26 | 52 | 22 |
| 30 Jun 20 | 338 | 23 | 55 | 23 |
| 31 Mar 20 | 327 | 27 | 61 | 22 |
| 31 Dec 19 | 344 | 43 | 59 | 20 |
| 30 Sep 19 | 369 | 63 | 55 | 18 |
| 30 Jun 19 | 362 | 66 | 53 | 16 |
| 31 Mar 19 | 348 | 65 | 45 | 13 |
| 31 Dec 18 | 344 | 64 | 46 | 12 |
| 31 Dec 17 | 267 | 50 | 35 | 9 |
| 31 Dec 16 | 194 | 32 | 23 | 8 |
Quality Earnings: 300779 has high quality earnings.
Growing Profit Margin: 300779's current net profit margins (7.5%) are lower than last year (12.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300779's earnings have grown significantly by 28.4% per year over the past 5 years.
Accelerating Growth: 300779's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 300779 had negative earnings growth (-6.2%) over the past year, making it difficult to compare to the Commercial Services industry average (-5.4%).
Return on Equity
High ROE: 300779's Return on Equity (6.8%) is considered low.