Guangdong Hongxing Industrial Past Earnings Performance
Past criteria checks 3/6
Guangdong Hongxing Industrial's earnings have been declining at an average annual rate of -14.4%, while the Luxury industry saw earnings growing at 1.3% annually. Revenues have been growing at an average rate of 11.5% per year. Guangdong Hongxing Industrial's return on equity is 9.3%, and it has net margins of 7.3%.
Key information
-14.4%
Earnings growth rate
-24.3%
EPS growth rate
| Luxury Industry Growth | 2.8% |
| Revenue growth rate | 11.5% |
| Return on equity | 9.3% |
| Net Margin | 7.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Guangdong Hongxing Industrial 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 | 1,668 | 121 | 425 | 29 |
| 31 Dec 23 | 1,597 | 87 | 411 | 30 |
| 01 Jan 23 | 1,328 | -15 | 394 | 32 |
| 30 Sep 22 | 1,334 | 33 | 390 | 33 |
| 30 Jun 22 | 1,305 | 53 | 375 | 33 |
| 31 Mar 22 | 1,314 | 93 | 336 | 33 |
| 31 Dec 21 | 1,285 | 102 | 321 | 32 |
| 30 Sep 21 | 1,251 | 126 | 294 | 33 |
| 30 Jun 21 | 1,187 | 134 | 270 | 29 |
| 31 Mar 21 | 1,178 | 141 | 257 | 28 |
| 31 Dec 20 | 1,131 | 134 | 243 | 26 |
| 31 Dec 19 | 1,008 | 92 | 237 | 27 |
| 31 Dec 18 | 860 | 86 | 209 | 27 |
| 31 Dec 17 | 652 | 65 | 169 | 16 |
Quality Earnings: 001209 has a high level of non-cash earnings.
Growing Profit Margin: 001209's current net profit margins (7.3%) are higher than last year (0.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 001209's earnings have declined by 14.4% per year over the past 5 years.
Accelerating Growth: 001209's earnings growth over the past year (1114.2%) exceeds its 5-year average (-14.4% per year).
Earnings vs Industry: 001209 earnings growth over the past year (1114.2%) exceeded the Luxury industry 20.6%.
Return on Equity
High ROE: 001209's Return on Equity (9.3%) is considered low.