Zhejiang Weiming Environment Protection Co., Ltd.

XSSC:603568 Stock Report

Market Cap: CN¥35.8b

Zhejiang Weiming Environment Protection Past Earnings Performance

Past criteria checks 4/6

Zhejiang Weiming Environment Protection has been growing earnings at an average annual rate of 18.5%, while the Commercial Services industry saw earnings growing at 4.7% annually. Revenues have been growing at an average rate of 24.8% per year. Zhejiang Weiming Environment Protection's return on equity is 17.5%, and it has net margins of 33.7%.

Key information

18.5%

Earnings growth rate

16.9%

EPS growth rate

Commercial Services Industry Growth7.0%
Revenue growth rate24.8%
Return on equity17.5%
Net Margin33.7%
Last Earnings Update31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Zhejiang Weiming Environment Protection makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

XSSC:603568 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 246,6952,253337109
31 Dec 236,0252,048329100
30 Sep 235,7761,98422998
30 Jun 235,1141,78717692
31 Mar 234,7751,71314586
31 Dec 224,4741,66410085
30 Sep 224,2461,63114284
30 Jun 224,4481,72817579
31 Mar 224,5731,69714066
31 Dec 214,2891,60519761
30 Sep 214,3611,58021365
30 Jun 214,0801,54017561
31 Mar 213,4401,42820564
31 Dec 203,1231,25715760
30 Sep 202,6321,13714635
30 Jun 202,21698615232
31 Mar 201,99593913031
31 Dec 192,03897413034
30 Sep 191,91590813435
30 Jun 191,77585511029
31 Mar 191,70479411419
31 Dec 181,54774010217
30 Sep 181,4777068713
30 Jun 181,3086359013
31 Mar 181,1405648912
31 Dec 171,029507877
30 Sep 17903450834
30 Jun 17814409840
31 Mar 17739366760
31 Dec 16693329750
30 Sep 16680323710
30 Jun 16668306760
31 Mar 16677304670
31 Dec 15675291680
30 Sep 15694253690
30 Jun 15713257640
31 Mar 15698241710
31 Dec 14667223690
31 Dec 13531171600

Quality Earnings: 603568 has high quality earnings.

Growing Profit Margin: 603568's current net profit margins (33.7%) are lower than last year (35.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 603568's earnings have grown by 18.5% per year over the past 5 years.

Accelerating Growth: 603568's earnings growth over the past year (31.6%) exceeds its 5-year average (18.5% per year).

Earnings vs Industry: 603568 earnings growth over the past year (31.6%) exceeded the Commercial Services industry 0.7%.


Return on Equity

High ROE: 603568's Return on Equity (17.5%) is considered low.


Return on Assets


Return on Capital Employed


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