Zhejiang Biyi Electric Appliance Past Earnings Performance
Past criteria checks 1/6
Zhejiang Biyi Electric Appliance has been growing earnings at an average annual rate of 22.9%, while the Consumer Durables industry saw earnings growing at 5.7% annually. Revenues have been declining at an average rate of 0.6% per year. Zhejiang Biyi Electric Appliance's return on equity is 14.6%, and it has net margins of 11%.
Key information
22.9%
Earnings growth rate
10.5%
EPS growth rate
| Consumer Durables Industry Growth | 8.1% |
| Revenue growth rate | -0.6% |
| Return on equity | 14.6% |
| Net Margin | 11.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Zhejiang Biyi Electric Appliance 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 | 1,501 | 166 | 74 | 66 |
| 31 Dec 23 | 1,560 | 202 | 67 | 65 |
| 30 Sep 23 | 1,706 | 222 | 76 | 70 |
| 30 Jun 23 | 1,630 | 229 | 74 | 72 |
| 31 Mar 23 | 1,510 | 199 | 62 | 68 |
| 31 Dec 22 | 1,499 | 178 | 62 | 64 |
| 30 Sep 22 | 1,481 | 164 | 54 | 57 |
| 30 Jun 22 | 1,594 | 143 | 60 | 54 |
| 31 Mar 22 | 1,677 | 122 | 55 | 53 |
| 31 Dec 21 | 1,634 | 120 | 55 | 55 |
| 30 Sep 21 | 1,601 | 122 | 49 | 56 |
| 31 Dec 20 | 1,163 | 106 | 55 | 39 |
| 31 Dec 19 | 740 | 63 | 67 | 23 |
| 31 Dec 18 | 618 | 45 | 37 | 25 |
Quality Earnings: 603215 has a high level of non-cash earnings.
Growing Profit Margin: 603215's current net profit margins (11%) are lower than last year (13.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603215's earnings have grown significantly by 22.9% per year over the past 5 years.
Accelerating Growth: 603215's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603215 had negative earnings growth (-16.8%) over the past year, making it difficult to compare to the Consumer Durables industry average (14%).
Return on Equity
High ROE: 603215's Return on Equity (14.6%) is considered low.