Zhong Wang FabricLtd Past Earnings Performance
Past criteria checks 5/6
Zhong Wang FabricLtd has been growing earnings at an average annual rate of 13.4%, while the Luxury industry saw earnings growing at 1.6% annually. Revenues have been declining at an average rate of 10.8% per year. Zhong Wang FabricLtd's return on equity is 23%, and it has net margins of 65.3%.
Key information
13.4%
Earnings growth rate
5.6%
EPS growth rate
| Luxury Industry Growth | 2.8% |
| Revenue growth rate | -10.8% |
| Return on equity | 23.0% |
| Net Margin | 65.3% |
| Next Earnings Update | 24 Oct 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Zhong Wang FabricLtd 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 | 493 | 322 | 83 | 27 |
| 31 Mar 24 | 472 | 320 | 77 | 28 |
| 31 Dec 23 | 462 | 314 | 74 | 26 |
| 30 Sep 23 | 434 | 67 | 63 | 23 |
| 30 Jun 23 | 387 | 58 | 57 | 21 |
| 31 Mar 23 | 369 | 70 | 48 | 19 |
| 31 Dec 22 | 417 | 91 | 45 | 19 |
| 30 Sep 22 | 489 | 118 | 45 | 20 |
| 30 Jun 22 | 559 | 143 | 40 | 20 |
| 31 Mar 22 | 598 | 143 | 42 | 20 |
| 31 Dec 21 | 587 | 147 | 42 | 20 |
| 30 Sep 21 | 565 | 154 | 23 | 19 |
| 30 Jun 21 | 578 | 160 | 30 | 19 |
| 31 Mar 21 | 533 | 155 | 36 | 18 |
| 31 Dec 20 | 495 | 140 | 38 | 18 |
| 30 Sep 20 | 492 | 146 | 62 | 19 |
| 30 Jun 20 | 477 | 142 | 91 | 28 |
| 31 Mar 20 | 492 | 135 | 63 | 21 |
| 31 Dec 19 | 488 | 124 | 64 | 21 |
| 31 Dec 18 | 425 | 90 | 53 | 20 |
| 31 Dec 17 | 389 | 66 | 57 | 21 |
| 31 Dec 16 | 366 | 83 | 50 | 16 |
Quality Earnings: 605003 has a high level of non-cash earnings.
Growing Profit Margin: 605003's current net profit margins (65.3%) are higher than last year (14.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 605003's earnings have grown by 13.4% per year over the past 5 years.
Accelerating Growth: 605003's earnings growth over the past year (458%) exceeds its 5-year average (13.4% per year).
Earnings vs Industry: 605003 earnings growth over the past year (458%) exceeded the Luxury industry 12.6%.
Return on Equity
High ROE: 605003's Return on Equity (23%) is considered high.