Chengdu Rainbow Appliance (Group) Shares Past Earnings Performance
Past criteria checks 5/6
Chengdu Rainbow Appliance (Group) Shares has been growing earnings at an average annual rate of 2.2%, while the Consumer Durables industry saw earnings growing at 8.1% annually. Revenues have been growing at an average rate of 6.9% per year. Chengdu Rainbow Appliance (Group) Shares's return on equity is 7.6%, and it has net margins of 8.5%.
Key information
2.2%
Earnings growth rate
-5.0%
EPS growth rate
| Consumer Durables Industry Growth | 8.1% |
| Revenue growth rate | 6.9% |
| Return on equity | 7.6% |
| Net Margin | 8.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Chengdu Rainbow Appliance (Group) Shares Co., Ltd.'s (SZSE:003023) Share Price Is Matching Sentiment Around Its Earnings
Oct 01
Chengdu Rainbow Appliance (Group) Shares (SZSE:003023) Is Paying Out A Larger Dividend Than Last Year
Jun 07Statutory Profit Doesn't Reflect How Good Chengdu Rainbow Appliance (Group) Shares' (SZSE:003023) Earnings Are
Apr 29Investors Aren't Buying Chengdu Rainbow Appliance (Group) Shares Co., Ltd.'s (SZSE:003023) Earnings
Apr 17The Returns On Capital At Chengdu Rainbow Appliance (Group) Shares (SZSE:003023) Don't Inspire Confidence
Feb 27Revenue & Expenses Breakdown
How Chengdu Rainbow Appliance (Group) Shares 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 Sep 24 | 1,349 | 115 | 405 | 38 |
| 30 Jun 24 | 1,352 | 120 | 403 | 34 |
| 31 Mar 24 | 1,334 | 113 | 412 | 32 |
| 31 Dec 23 | 1,294 | 104 | 408 | 31 |
| 30 Sep 23 | 1,245 | 95 | 398 | 30 |
| 30 Jun 23 | 1,231 | 95 | 397 | 30 |
| 31 Mar 23 | 1,211 | 98 | 383 | 29 |
| 01 Jan 23 | 1,177 | 95 | 382 | 29 |
| 30 Sep 22 | 1,055 | 82 | 348 | 30 |
| 30 Jun 22 | 1,082 | 89 | 351 | 31 |
| 31 Mar 22 | 1,098 | 99 | 341 | 34 |
| 01 Jan 22 | 1,144 | 111 | 347 | 34 |
| 30 Sep 21 | 1,180 | 122 | 348 | 32 |
| 30 Jun 21 | 1,175 | 123 | 339 | 30 |
| 31 Mar 21 | 1,162 | 125 | 353 | 26 |
| 31 Dec 20 | 1,065 | 113 | 320 | 25 |
| 30 Sep 20 | 966 | 99 | 306 | 26 |
| 30 Jun 20 | 953 | 96 | 307 | 24 |
| 31 Mar 20 | 927 | 78 | 304 | 26 |
| 31 Dec 19 | 1,006 | 84 | 323 | 26 |
| 31 Dec 18 | 1,071 | 139 | 308 | 24 |
| 31 Dec 17 | 837 | 79 | 249 | 20 |
| 31 Dec 16 | 820 | 72 | 242 | 19 |
Quality Earnings: 003023 has high quality earnings.
Growing Profit Margin: 003023's current net profit margins (8.5%) are higher than last year (7.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 003023's earnings have grown by 2.2% per year over the past 5 years.
Accelerating Growth: 003023's earnings growth over the past year (20.9%) exceeds its 5-year average (2.2% per year).
Earnings vs Industry: 003023 earnings growth over the past year (20.9%) exceeded the Consumer Durables industry -0.2%.
Return on Equity
High ROE: 003023's Return on Equity (7.6%) is considered low.