Zhejiang HangminLtd Past Earnings Performance
Past criteria checks 3/6
Zhejiang HangminLtd has been growing earnings at an average annual rate of 0.6%, while the Luxury industry saw earnings growing at 2.8% annually. Revenues have been growing at an average rate of 13.1% per year. Zhejiang HangminLtd's return on equity is 11.7%, and it has net margins of 6.4%.
Key information
0.6%
Earnings growth rate
1.8%
EPS growth rate
| Luxury Industry Growth | 2.8% |
| Revenue growth rate | 13.1% |
| Return on equity | 11.7% |
| Net Margin | 6.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Zhejiang HangminLtd (SHSE:600987) Has A Rock Solid Balance Sheet
Oct 03
Zhejiang HangminLtd's (SHSE:600987) Earnings Seem To Be Promising
Aug 19Estimating The Fair Value Of Zhejiang Hangmin Co.,Ltd (SHSE:600987)
Jul 19Zhejiang HangminLtd (SHSE:600987) Could Be Struggling To Allocate Capital
Jun 17Zhejiang Hangmin Co.,Ltd's (SHSE:600987) Price Is Right But Growth Is Lacking After Shares Rocket 29%
Apr 12Revenue & Expenses Breakdown
How Zhejiang HangminLtd 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 | 11,010 | 709 | 344 | 179 |
| 30 Jun 24 | 10,590 | 703 | 342 | 181 |
| 31 Mar 24 | 10,421 | 690 | 306 | 182 |
| 31 Dec 23 | 9,666 | 685 | 315 | 184 |
| 30 Sep 23 | 9,371 | 665 | 292 | 190 |
| 30 Jun 23 | 9,874 | 662 | 294 | 192 |
| 31 Mar 23 | 9,620 | 665 | 275 | 187 |
| 31 Dec 22 | 9,570 | 658 | 282 | 189 |
| 30 Sep 22 | 9,986 | 690 | 294 | 193 |
| 30 Jun 22 | 9,315 | 674 | 291 | 187 |
| 31 Mar 22 | 9,459 | 682 | 296 | 183 |
| 31 Dec 21 | 9,491 | 667 | 274 | 174 |
| 30 Sep 21 | 8,590 | 623 | 267 | 161 |
| 30 Jun 21 | 7,487 | 626 | 247 | 152 |
| 31 Mar 21 | 6,519 | 627 | 226 | 142 |
| 31 Dec 20 | 5,233 | 601 | 214 | 139 |
| 30 Sep 20 | 5,332 | 638 | 190 | 140 |
| 30 Jun 20 | 5,522 | 657 | 212 | 151 |
| 31 Mar 20 | 5,956 | 686 | 230 | 162 |
| 31 Dec 19 | 6,694 | 737 | 249 | 169 |
| 30 Sep 19 | 6,746 | 708 | 243 | 207 |
| 30 Jun 19 | 7,073 | 684 | 244 | 191 |
| 31 Mar 19 | 7,419 | 674 | 233 | 177 |
| 31 Dec 18 | 7,534 | 662 | 231 | 165 |
| 30 Sep 18 | 10,245 | 673 | 274 | 127 |
| 30 Jun 18 | 9,255 | 655 | 190 | 173 |
| 31 Mar 18 | 8,148 | 618 | 208 | 136 |
| 31 Dec 17 | 6,946 | 597 | 206 | 112 |
| 30 Sep 17 | 3,344 | 562 | 168 | 80 |
| 30 Jun 17 | 3,222 | 549 | 236 | 0 |
| 31 Mar 17 | 3,234 | 545 | 234 | 0 |
| 31 Dec 16 | 3,191 | 543 | 229 | 0 |
| 30 Sep 16 | 3,126 | 503 | 221 | 0 |
| 30 Jun 16 | 3,136 | 508 | 222 | 0 |
| 31 Mar 16 | 3,103 | 498 | 225 | 0 |
| 31 Dec 15 | 3,028 | 484 | 222 | 0 |
| 30 Sep 15 | 3,067 | 507 | 235 | 0 |
| 30 Jun 15 | 3,069 | 481 | 229 | 0 |
| 31 Mar 15 | 3,135 | 460 | 218 | 0 |
| 31 Dec 14 | 3,184 | 445 | 213 | 0 |
| 30 Sep 14 | 3,175 | 461 | 219 | 0 |
| 30 Jun 14 | 3,109 | 446 | 214 | 0 |
| 31 Mar 14 | 3,037 | 422 | 212 | 0 |
| 31 Dec 13 | 2,931 | 411 | 203 | 0 |
Quality Earnings: 600987 has a large one-off loss of CN¥245.2M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 600987's current net profit margins (6.4%) are lower than last year (7.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600987's earnings have grown by 0.6% per year over the past 5 years.
Accelerating Growth: 600987's earnings growth over the past year (6.5%) exceeds its 5-year average (0.6% per year).
Earnings vs Industry: 600987 earnings growth over the past year (6.5%) exceeded the Luxury industry 3.3%.
Return on Equity
High ROE: 600987's Return on Equity (11.7%) is considered low.