Zhejiang Weixing Industrial Development Past Earnings Performance
Past criteria checks 5/6
Zhejiang Weixing Industrial Development has been growing earnings at an average annual rate of 11.8%, while the Luxury industry saw earnings growing at 1.3% annually. Revenues have been growing at an average rate of 9.6% per year. Zhejiang Weixing Industrial Development's return on equity is 13%, and it has net margins of 14.2%.
Key information
11.8%
Earnings growth rate
10.7%
EPS growth rate
| Luxury Industry Growth | 2.8% |
| Revenue growth rate | 9.6% |
| Return on equity | 13.0% |
| Net Margin | 14.2% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Zhejiang Weixing Industrial Development 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 | 4,010 | 569 | 789 | 166 |
| 31 Dec 23 | 3,907 | 544 | 768 | 158 |
| 30 Sep 23 | 3,714 | 485 | 728 | 149 |
| 30 Jun 23 | 3,628 | 463 | 723 | 146 |
| 31 Mar 23 | 3,602 | 461 | 692 | 143 |
| 01 Jan 23 | 3,628 | 489 | 687 | 151 |
| 30 Sep 22 | 3,803 | 570 | 645 | 155 |
| 30 Jun 22 | 3,701 | 524 | 631 | 155 |
| 31 Mar 22 | 3,537 | 469 | 616 | 151 |
| 31 Dec 21 | 3,356 | 449 | 587 | 139 |
| 30 Sep 21 | 3,051 | 450 | 564 | 126 |
| 30 Jun 21 | 2,850 | 386 | 538 | 116 |
| 31 Mar 21 | 2,632 | 418 | 527 | 107 |
| 31 Dec 20 | 2,496 | 396 | 505 | 103 |
| 30 Sep 20 | 2,487 | 392 | 500 | 102 |
| 30 Jun 20 | 2,535 | 407 | 495 | 104 |
| 31 Mar 20 | 2,614 | 330 | 514 | 110 |
| 31 Dec 19 | 2,722 | 326 | 538 | 113 |
| 30 Sep 19 | 2,772 | 288 | 553 | 118 |
| 30 Jun 19 | 2,762 | 296 | 558 | 116 |
| 31 Mar 19 | 2,802 | 313 | 549 | 115 |
| 31 Dec 18 | 2,712 | 310 | 528 | 113 |
| 30 Sep 18 | 2,760 | 387 | 499 | 131 |
| 30 Jun 18 | 2,714 | 382 | 439 | 166 |
| 31 Mar 18 | 2,696 | 372 | 459 | 135 |
| 31 Dec 17 | 2,624 | 365 | 464 | 113 |
| 30 Sep 17 | 2,454 | 339 | 461 | 62 |
| 30 Jun 17 | 2,375 | 325 | 519 | 0 |
| 31 Mar 17 | 2,218 | 297 | 492 | 0 |
| 31 Dec 16 | 2,174 | 295 | 479 | 0 |
| 30 Sep 16 | 1,991 | 283 | 446 | 0 |
| 30 Jun 16 | 1,928 | 268 | 432 | 0 |
| 31 Mar 16 | 1,913 | 249 | 432 | 0 |
| 31 Dec 15 | 1,874 | 248 | 419 | 0 |
| 30 Sep 15 | 1,908 | 244 | 414 | 0 |
| 30 Jun 15 | 1,915 | 245 | 411 | 0 |
| 31 Mar 15 | 1,819 | 233 | 393 | 0 |
| 31 Dec 14 | 1,849 | 236 | 390 | 0 |
| 30 Sep 14 | 1,826 | 236 | 382 | 0 |
| 30 Jun 14 | 1,774 | 223 | 367 | 0 |
| 31 Mar 14 | 1,811 | 224 | 364 | 0 |
| 31 Dec 13 | 1,772 | 209 | 361 | 0 |
| 30 Sep 13 | 1,828 | 186 | 368 | 0 |
| 30 Jun 13 | 1,844 | 178 | 383 | 0 |
Quality Earnings: 002003 has high quality earnings.
Growing Profit Margin: 002003's current net profit margins (14.2%) are higher than last year (12.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002003's earnings have grown by 11.8% per year over the past 5 years.
Accelerating Growth: 002003's earnings growth over the past year (23.3%) exceeds its 5-year average (11.8% per year).
Earnings vs Industry: 002003 earnings growth over the past year (23.3%) exceeded the Luxury industry 16.9%.
Return on Equity
High ROE: 002003's Return on Equity (13%) is considered low.