Zhejiang Taihua New MaterialLtd Past Earnings Performance
Past criteria checks 4/6
Zhejiang Taihua New MaterialLtd has been growing earnings at an average annual rate of 15.6%, while the Luxury industry saw earnings growing at 1.3% annually. Revenues have been growing at an average rate of 15.3% per year. Zhejiang Taihua New MaterialLtd's return on equity is 11.4%, and it has net margins of 9.4%.
Key information
15.6%
Earnings growth rate
11.7%
EPS growth rate
| Luxury Industry Growth | 2.8% |
| Revenue growth rate | 15.3% |
| Return on equity | 11.4% |
| Net Margin | 9.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Zhejiang Taihua New MaterialLtd 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 | 5,596 | 524 | 283 | 312 |
| 31 Dec 23 | 5,094 | 449 | 281 | 282 |
| 30 Sep 23 | 4,515 | 298 | 268 | 247 |
| 30 Jun 23 | 4,157 | 212 | 275 | 235 |
| 31 Mar 23 | 4,034 | 228 | 273 | 229 |
| 31 Dec 22 | 4,009 | 269 | 275 | 238 |
| 30 Sep 22 | 4,198 | 384 | 279 | 246 |
| 30 Jun 22 | 4,466 | 442 | 276 | 249 |
| 31 Mar 22 | 4,463 | 481 | 263 | 240 |
| 31 Dec 21 | 4,257 | 464 | 252 | 216 |
| 30 Sep 21 | 3,899 | 404 | 217 | 186 |
| 30 Jun 21 | 3,275 | 330 | 194 | 165 |
| 31 Mar 21 | 2,772 | 200 | 179 | 142 |
| 31 Dec 20 | 2,501 | 120 | 175 | 139 |
| 30 Sep 20 | 2,385 | 95 | 192 | 136 |
| 30 Jun 20 | 2,465 | 102 | 199 | 136 |
| 31 Mar 20 | 2,606 | 159 | 200 | 145 |
| 31 Dec 19 | 2,691 | 196 | 201 | 147 |
| 30 Sep 19 | 2,689 | 199 | 203 | 143 |
| 30 Jun 19 | 2,787 | 255 | 198 | 133 |
| 31 Mar 19 | 2,917 | 321 | 201 | 123 |
| 31 Dec 18 | 2,974 | 345 | 192 | 107 |
| 30 Sep 18 | 2,971 | 433 | 175 | 104 |
| 30 Jun 18 | 2,902 | 400 | 138 | 132 |
| 31 Mar 18 | 2,800 | 370 | 148 | 105 |
| 31 Dec 17 | 2,729 | 367 | 159 | 87 |
| 30 Sep 17 | 2,638 | 362 | 172 | 55 |
| 31 Dec 16 | 2,244 | 228 | 189 | 0 |
| 31 Dec 15 | 1,897 | 41 | 166 | 0 |
| 31 Dec 14 | 1,942 | 81 | 156 | 0 |
| 31 Dec 13 | 1,852 | 116 | 171 | 0 |
Quality Earnings: 603055 has a high level of non-cash earnings.
Growing Profit Margin: 603055's current net profit margins (9.4%) are higher than last year (5.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603055's earnings have grown by 15.6% per year over the past 5 years.
Accelerating Growth: 603055's earnings growth over the past year (129.6%) exceeds its 5-year average (15.6% per year).
Earnings vs Industry: 603055 earnings growth over the past year (129.6%) exceeded the Luxury industry 24.1%.
Return on Equity
High ROE: 603055's Return on Equity (11.4%) is considered low.