Hangzhou Wensli Silk Culture Past Earnings Performance
Past criteria checks 3/6
Hangzhou Wensli Silk Culture's earnings have been declining at an average annual rate of -26%, while the Luxury industry saw earnings growing at 2.8% annually. Revenues have been declining at an average rate of 1.7% per year. Hangzhou Wensli Silk Culture's return on equity is 5.7%, and it has net margins of 5.6%.
Key information
-26.0%
Earnings growth rate
-34.4%
EPS growth rate
| Luxury Industry Growth | 2.8% |
| Revenue growth rate | -1.7% |
| Return on equity | 5.7% |
| Net Margin | 5.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Hangzhou Wensli Silk Culture (SZSE:301066) Is Posting Healthy Earnings, But It Is Not All Good News
Nov 08
Hangzhou Wensli Silk Culture's (SZSE:301066) Performance Is Even Better Than Its Earnings Suggest
May 02Recent updates
Hangzhou Wensli Silk Culture (SZSE:301066) Is Posting Healthy Earnings, But It Is Not All Good News
Nov 08Optimistic Investors Push Hangzhou Wensli Silk Culture Co., Ltd. (SZSE:301066) Shares Up 28% But Growth Is Lacking
Oct 24Hangzhou Wensli Silk Culture's (SZSE:301066) Performance Is Even Better Than Its Earnings Suggest
May 02Be Wary Of Hangzhou Wensli Silk Culture (SZSE:301066) And Its Returns On Capital
Apr 27Unpleasant Surprises Could Be In Store For Hangzhou Wensli Silk Culture Co., Ltd.'s (SZSE:301066) Shares
Feb 26Revenue & Expenses Breakdown
How Hangzhou Wensli Silk Culture 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 | 686 | 38 | 231 | 37 |
| 30 Jun 24 | 704 | 43 | 230 | 37 |
| 31 Mar 24 | 720 | 39 | 237 | 38 |
| 31 Dec 23 | 692 | 35 | 231 | 38 |
| 30 Sep 23 | 636 | 8 | 223 | 38 |
| 30 Jun 23 | 597 | 8 | 207 | 37 |
| 31 Mar 23 | 535 | 4 | 187 | 35 |
| 01 Jan 23 | 549 | -2 | 180 | 36 |
| 30 Sep 22 | 573 | 16 | 167 | 39 |
| 30 Jun 22 | 621 | 21 | 180 | 39 |
| 31 Mar 22 | 674 | 41 | 180 | 40 |
| 01 Jan 22 | 670 | 51 | 177 | 39 |
| 30 Sep 21 | 709 | 68 | 164 | 42 |
| 30 Jun 21 | 671 | 62 | 158 | 39 |
| 31 Mar 21 | 687 | 57 | 156 | 37 |
| 31 Dec 20 | 736 | 63 | 157 | 37 |
| 31 Dec 19 | 729 | 60 | 171 | 33 |
| 31 Dec 18 | 753 | 50 | 179 | 33 |
| 31 Dec 17 | 713 | 55 | 157 | 30 |
Quality Earnings: 301066 has a high level of non-cash earnings.
Growing Profit Margin: 301066's current net profit margins (5.6%) are higher than last year (1.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301066's earnings have declined by 26% per year over the past 5 years.
Accelerating Growth: 301066's earnings growth over the past year (400.4%) exceeds its 5-year average (-26% per year).
Earnings vs Industry: 301066 earnings growth over the past year (400.4%) exceeded the Luxury industry 3.3%.
Return on Equity
High ROE: 301066's Return on Equity (5.7%) is considered low.