China Testing & Certification International GroupLtd Past Earnings Performance
Past criteria checks 2/6
China Testing & Certification International GroupLtd has been growing earnings at an average annual rate of 6.7%, while the Professional Services industry saw earnings declining at 0.07% annually. Revenues have been growing at an average rate of 21.1% per year. China Testing & Certification International GroupLtd's return on equity is 14%, and it has net margins of 9.6%.
Key information
6.7%
Earnings growth rate
6.6%
EPS growth rate
| Professional Services Industry Growth | 3.0% |
| Revenue growth rate | 21.1% |
| Return on equity | 14.0% |
| Net Margin | 9.6% |
| Next Earnings Update | 30 Aug 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How China Testing & Certification International GroupLtd 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 | 2,651 | 254 | 549 | 236 |
| 31 Dec 23 | 2,660 | 257 | 559 | 235 |
| 30 Sep 23 | 2,540 | 249 | 530 | 220 |
| 30 Jun 23 | 2,548 | 265 | 547 | 218 |
| 31 Mar 23 | 2,488 | 258 | 524 | 209 |
| 31 Dec 22 | 2,428 | 254 | 518 | 206 |
| 30 Sep 22 | 2,429 | 239 | 498 | 217 |
| 30 Jun 22 | 2,293 | 228 | 466 | 202 |
| 31 Mar 22 | 2,271 | 239 | 456 | 193 |
| 31 Dec 21 | 2,217 | 253 | 427 | 183 |
| 30 Sep 21 | 1,886 | 205 | 372 | 153 |
| 30 Jun 21 | 1,794 | 234 | 350 | 141 |
| 31 Mar 21 | 1,647 | 253 | 306 | 126 |
| 31 Dec 20 | 1,473 | 231 | 262 | 113 |
| 30 Sep 20 | 1,261 | 198 | 232 | 90 |
| 30 Jun 20 | 1,139 | 162 | 207 | 85 |
| 31 Mar 20 | 1,091 | 155 | 199 | 82 |
| 31 Dec 19 | 1,132 | 213 | 194 | 84 |
| 30 Sep 19 | 1,092 | 193 | 200 | 79 |
| 30 Jun 19 | 1,071 | 211 | 188 | 76 |
| 31 Mar 19 | 1,034 | 205 | 177 | 77 |
| 31 Dec 18 | 985 | 201 | 166 | 75 |
| 30 Sep 18 | 853 | 178 | 152 | 70 |
| 30 Jun 18 | 806 | 167 | 112 | 97 |
| 31 Mar 18 | 771 | 148 | 122 | 78 |
| 31 Dec 17 | 752 | 144 | 129 | 62 |
| 30 Sep 17 | 737 | 137 | 147 | 45 |
| 30 Jun 17 | 722 | 129 | 188 | 0 |
| 31 Mar 17 | 694 | 125 | 181 | 0 |
| 31 Dec 16 | 665 | 116 | 177 | 0 |
| 30 Sep 16 | 642 | 121 | 160 | 0 |
| 31 Dec 15 | 597 | 105 | 142 | 0 |
| 31 Dec 14 | 529 | 85 | 126 | 0 |
| 31 Dec 13 | 485 | 78 | 120 | 0 |
Quality Earnings: 603060 has high quality earnings.
Growing Profit Margin: 603060's current net profit margins (9.6%) are lower than last year (10.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603060's earnings have grown by 6.7% per year over the past 5 years.
Accelerating Growth: 603060's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603060 had negative earnings growth (-1.6%) over the past year, making it difficult to compare to the Professional Services industry average (-0.06%).
Return on Equity
High ROE: 603060's Return on Equity (14%) is considered low.