Zhejiang Huilong New MaterialsLtd Past Earnings Performance
Past criteria checks 3/6
Zhejiang Huilong New MaterialsLtd's earnings have been declining at an average annual rate of -10.9%, while the Luxury industry saw earnings growing at 1.5% annually. Revenues have been growing at an average rate of 21.5% per year. Zhejiang Huilong New MaterialsLtd's return on equity is 6.6%, and it has net margins of 6.3%.
Key information
-10.9%
Earnings growth rate
-23.5%
EPS growth rate
| Luxury Industry Growth | 2.8% |
| Revenue growth rate | 21.5% |
| Return on equity | 6.6% |
| Net Margin | 6.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Zhejiang Huilong New MaterialsLtd 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 | 802 | 50 | 48 | 38 |
| 31 Dec 23 | 804 | 51 | 48 | 38 |
| 30 Sep 23 | 768 | 47 | 43 | 34 |
| 30 Jun 23 | 724 | 42 | 44 | 33 |
| 31 Mar 23 | 660 | 38 | 38 | 29 |
| 01 Jan 23 | 615 | 41 | 35 | 29 |
| 30 Sep 22 | 587 | 48 | 35 | 27 |
| 30 Jun 22 | 590 | 61 | 30 | 26 |
| 31 Mar 22 | 583 | 66 | 30 | 27 |
| 01 Jan 22 | 613 | 72 | 32 | 29 |
| 30 Sep 21 | 617 | 85 | 32 | 29 |
| 31 Dec 20 | 541 | 67 | 29 | 26 |
| 31 Dec 19 | 656 | 55 | 31 | 30 |
| 31 Dec 18 | 591 | 37 | 21 | 25 |
| 30 Jun 18 | 516 | 30 | 35 | 4 |
| 31 Mar 18 | 486 | 30 | 34 | 2 |
| 31 Dec 17 | 455 | 29 | 33 | 0 |
| 30 Sep 17 | 415 | 22 | 22 | 7 |
| 30 Jun 17 | 374 | 15 | 18 | 7 |
| 31 Mar 17 | 338 | 12 | 21 | 4 |
| 31 Dec 16 | 301 | 9 | 24 | 0 |
| 30 Sep 16 | 274 | 9 | 22 | 0 |
| 30 Jun 16 | 246 | 3 | 26 | 0 |
| 31 Mar 16 | 245 | 5 | 25 | 0 |
| 31 Dec 15 | 245 | 6 | 24 | 0 |
| 30 Sep 15 | 242 | 4 | 26 | 0 |
| 30 Jun 15 | 249 | 7 | 24 | 0 |
| 31 Mar 15 | 243 | 5 | 23 | 0 |
| 31 Dec 14 | 238 | 3 | 21 | 0 |
| 31 Dec 13 | 251 | 6 | 17 | 0 |
Quality Earnings: 301057 has a high level of non-cash earnings.
Growing Profit Margin: 301057's current net profit margins (6.3%) are higher than last year (5.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301057's earnings have declined by 10.9% per year over the past 5 years.
Accelerating Growth: 301057's earnings growth over the past year (34%) exceeds its 5-year average (-10.9% per year).
Earnings vs Industry: 301057 earnings growth over the past year (34%) exceeded the Luxury industry 22%.
Return on Equity
High ROE: 301057's Return on Equity (6.6%) is considered low.