Zhejiang Kingland Pipeline and TechnologiesLtd Past Earnings Performance
Past criteria checks 4/6
Zhejiang Kingland Pipeline and TechnologiesLtd's earnings have been declining at an average annual rate of -4.5%, while the Energy Services industry saw earnings growing at 14.3% annually. Revenues have been growing at an average rate of 4.7% per year. Zhejiang Kingland Pipeline and TechnologiesLtd's return on equity is 8.3%, and it has net margins of 4.9%.
Key information
-4.5%
Earnings growth rate
-4.5%
EPS growth rate
| Energy Services Industry Growth | 12.1% |
| Revenue growth rate | 4.7% |
| Return on equity | 8.3% |
| Net Margin | 4.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Zhejiang Kingland Pipeline and TechnologiesLtd 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 | 5,537 | 270 | 177 | 173 |
| 31 Dec 23 | 5,743 | 284 | 167 | 182 |
| 30 Sep 23 | 5,902 | 307 | 156 | 195 |
| 30 Jun 23 | 5,928 | 246 | 154 | 206 |
| 31 Mar 23 | 5,970 | 250 | 143 | 205 |
| 01 Jan 23 | 6,089 | 235 | 148 | 208 |
| 30 Sep 22 | 6,523 | 255 | 144 | 225 |
| 30 Jun 22 | 6,931 | 317 | 142 | 230 |
| 31 Mar 22 | 7,186 | 356 | 153 | 241 |
| 01 Jan 22 | 7,043 | 386 | 140 | 226 |
| 30 Sep 21 | 6,701 | 401 | 46 | 221 |
| 30 Jun 21 | 6,163 | 422 | 90 | 201 |
| 31 Mar 21 | 5,610 | 619 | 139 | 178 |
| 31 Dec 20 | 5,110 | 584 | 149 | 161 |
| 30 Sep 20 | 4,878 | 584 | 279 | 141 |
| 30 Jun 20 | 4,736 | 538 | 272 | 136 |
| 31 Mar 20 | 4,720 | 276 | 240 | 142 |
| 31 Dec 19 | 5,049 | 275 | 288 | 143 |
| 30 Sep 19 | 5,085 | 242 | 296 | 122 |
| 30 Jun 19 | 5,241 | 221 | 274 | 134 |
| 31 Mar 19 | 5,103 | 224 | 257 | 129 |
| 31 Dec 18 | 4,808 | 191 | 217 | 138 |
| 30 Sep 18 | 4,554 | 165 | 182 | 178 |
| 30 Jun 18 | 4,286 | 190 | 141 | 188 |
| 31 Mar 18 | 3,970 | 166 | 166 | 146 |
| 31 Dec 17 | 3,863 | 163 | 164 | 124 |
| 30 Sep 17 | 3,532 | 124 | 198 | 58 |
| 30 Jun 17 | 3,047 | 46 | 253 | 0 |
| 31 Mar 17 | 2,838 | 54 | 231 | 0 |
| 31 Dec 16 | 2,638 | 60 | 235 | 0 |
| 30 Sep 16 | 2,420 | 60 | 206 | 0 |
| 30 Jun 16 | 2,443 | 93 | 205 | 0 |
| 31 Mar 16 | 2,527 | 96 | 192 | 0 |
| 31 Dec 15 | 2,642 | 95 | 183 | 0 |
| 30 Sep 15 | 2,897 | 100 | 185 | 0 |
| 30 Jun 15 | 3,027 | 91 | 160 | 0 |
| 31 Mar 15 | 3,068 | 78 | 150 | 0 |
| 31 Dec 14 | 3,043 | 78 | 143 | 0 |
| 30 Sep 14 | 3,113 | 76 | 136 | 0 |
| 30 Jun 14 | 3,174 | 90 | 130 | 0 |
| 31 Mar 14 | 3,355 | 100 | 128 | 0 |
| 31 Dec 13 | 3,499 | 111 | 134 | 0 |
| 30 Sep 13 | 3,521 | 118 | 146 | 0 |
| 30 Jun 13 | 3,553 | 115 | 142 | 0 |
Quality Earnings: 002443 has high quality earnings.
Growing Profit Margin: 002443's current net profit margins (4.9%) are higher than last year (4.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002443's earnings have declined by 4.5% per year over the past 5 years.
Accelerating Growth: 002443's earnings growth over the past year (8%) exceeds its 5-year average (-4.5% per year).
Earnings vs Industry: 002443 earnings growth over the past year (8%) exceeded the Energy Services industry 6.1%.
Return on Equity
High ROE: 002443's Return on Equity (8.3%) is considered low.