Gree Electric Appliances of Zhuhai Past Earnings Performance
Past criteria checks 6/6
Gree Electric Appliances of Zhuhai has been growing earnings at an average annual rate of 3.3%, while the Consumer Durables industry saw earnings growing at 5.7% annually. Revenues have been growing at an average rate of 0.9% per year. Gree Electric Appliances of Zhuhai's return on equity is 22.7%, and it has net margins of 14.4%.
Key information
3.3%
Earnings growth rate
5.7%
EPS growth rate
| Consumer Durables Industry Growth | 8.1% |
| Revenue growth rate | 0.9% |
| Return on equity | 22.7% |
| Net Margin | 14.4% |
| Next Earnings Update | 31 Aug 2024 |
Recent past performance updates
Recent updates
With EPS Growth And More, Gree Electric Appliances of Zhuhai (SZSE:000651) Makes An Interesting Case
Aug 13
Is Gree Electric Appliances, Inc. of Zhuhai (SZSE:000651) Trading At A 45% Discount?
Jul 01We Think Gree Electric Appliances of Zhuhai (SZSE:000651) Can Stay On Top Of Its Debt
Jun 03Gree Electric Appliances, Inc. of Zhuhai's (SZSE:000651) Shares Lagging The Market But So Is The Business
May 21Gree Electric Appliances of Zhuhai (SZSE:000651) Will Want To Turn Around Its Return Trends
May 01Gree Electric Appliances, Inc. of Zhuhai (SZSE:000651) Shares Could Be 24% Below Their Intrinsic Value Estimate
Mar 29Is Gree Electric Appliances of Zhuhai (SZSE:000651) A Risky Investment?
Feb 27Revenue & Expenses Breakdown
How Gree Electric Appliances of Zhuhai 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 | 204,888 | 29,583 | 25,106 | 6,715 |
| 31 Dec 23 | 203,979 | 29,017 | 24,525 | 6,762 |
| 30 Sep 23 | 196,507 | 26,295 | 23,130 | 6,746 |
| 30 Jun 23 | 193,003 | 25,717 | 21,243 | 6,770 |
| 31 Mar 23 | 189,185 | 24,613 | 18,081 | 6,496 |
| 01 Jan 23 | 188,988 | 24,507 | 17,105 | 6,281 |
| 30 Sep 22 | 197,223 | 25,723 | 15,487 | 6,287 |
| 30 Jun 22 | 192,039 | 25,073 | 14,376 | 5,971 |
| 31 Mar 22 | 189,939 | 23,624 | 15,601 | 6,286 |
| 31 Dec 21 | 187,869 | 23,064 | 15,846 | 6,297 |
| 30 Sep 21 | 180,445 | 24,121 | 16,856 | 6,831 |
| 30 Jun 21 | 189,750 | 25,270 | 18,870 | 6,957 |
| 31 Mar 21 | 180,994 | 24,060 | 18,574 | 6,477 |
| 01 Jan 21 | 168,201 | 22,175 | 16,698 | 6,053 |
| 30 Sep 20 | 169,006 | 16,278 | 16,826 | 5,249 |
| 30 Jun 20 | 170,360 | 17,309 | 16,681 | 5,348 |
| 31 Mar 20 | 178,005 | 20,583 | 18,873 | 5,564 |
| 01 Jan 20 | 198,157 | 24,697 | 22,253 | 5,891 |
| 30 Sep 19 | 204,467 | 27,202 | 25,773 | 6,675 |
| 30 Jun 19 | 204,448 | 27,147 | 25,799 | 7,177 |
| 31 Mar 19 | 199,111 | 26,293 | 23,271 | 7,115 |
| 01 Jan 19 | 198,125 | 26,203 | 23,356 | 6,988 |
| 30 Sep 18 | 186,112 | 28,058 | 21,138 | 5,817 |
| 30 Jun 18 | 170,080 | 25,754 | 17,652 | 6,450 |
| 31 Mar 18 | 158,168 | 23,968 | 18,554 | 4,727 |
| 31 Dec 17 | 148,288 | 22,400 | 19,241 | 3,618 |
| 30 Sep 17 | 136,750 | 19,697 | 17,593 | 2,744 |
| 30 Jun 17 | 128,305 | 18,515 | 21,119 | 0 |
| 31 Mar 17 | 113,345 | 16,320 | 22,145 | 0 |
| 31 Dec 16 | 108,304 | 15,465 | 21,967 | 0 |
| 30 Sep 16 | 98,652 | 13,809 | 21,749 | 0 |
| 30 Jun 16 | 96,819 | 13,214 | 24,172 | 0 |
| 31 Mar 16 | 97,884 | 12,917 | 21,207 | 0 |
| 31 Dec 15 | 97,748 | 12,532 | 20,569 | 0 |
| 30 Sep 15 | 120,866 | 14,280 | 27,135 | 0 |
| 30 Jun 15 | 129,998 | 14,158 | 30,479 | 0 |
| 31 Mar 15 | 137,590 | 14,676 | 33,764 | 0 |
| 01 Jan 15 | 137,751 | 14,155 | 34,057 | 0 |
| 30 Sep 14 | 129,228 | 13,119 | 33,277 | 0 |
| 30 Jun 14 | 123,599 | 12,573 | 29,424 | 0 |
| 31 Mar 14 | 121,196 | 11,790 | 27,591 | 0 |
| 31 Dec 13 | 118,628 | 10,870 | 27,663 | 0 |
| 30 Sep 13 | 110,536 | 9,626 | 23,283 | 0 |
Quality Earnings: 000651 has high quality earnings.
Growing Profit Margin: 000651's current net profit margins (14.4%) are higher than last year (13%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 000651's earnings have grown by 3.3% per year over the past 5 years.
Accelerating Growth: 000651's earnings growth over the past year (20.2%) exceeds its 5-year average (3.3% per year).
Earnings vs Industry: 000651 earnings growth over the past year (20.2%) exceeded the Consumer Durables industry 14%.
Return on Equity
High ROE: 000651's Return on Equity (22.7%) is considered high.