Zhejiang Gongdong Medical Technology Past Earnings Performance
Past criteria checks 2/6
Zhejiang Gongdong Medical Technology has been growing earnings at an average annual rate of 3.9%, while the Medical Equipment industry saw earnings growing at 8% annually. Revenues have been growing at an average rate of 0.4% per year. Zhejiang Gongdong Medical Technology's return on equity is 7.4%, and it has net margins of 12.3%.
Key information
3.9%
Earnings growth rate
-2.6%
EPS growth rate
| Medical Equipment Industry Growth | 16.0% |
| Revenue growth rate | 0.4% |
| Return on equity | 7.4% |
| Net Margin | 12.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Estimating The Intrinsic Value Of Zhejiang Gongdong Medical Technology Co., Ltd. (SHSE:605369)
Mar 28
Zhejiang Gongdong Medical Technology Co., Ltd. (SHSE:605369) Looks Just Right With A 27% Price Jump
Mar 06Zhejiang Gongdong Medical Technology (SHSE:605369) Is Reinvesting At Lower Rates Of Return
Feb 27Revenue & Expenses BreakdownBeta
How Zhejiang Gongdong Medical Technology 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 | 1,021 | 125 | 151 | 43 |
| 31 Dec 23 | 975 | 109 | 148 | 48 |
| 30 Jun 23 | 1,128 | 176 | 161 | 57 |
| 31 Mar 23 | 1,347 | 260 | 163 | 75 |
| 31 Dec 22 | 1,469 | 326 | 165 | 72 |
| 30 Sep 22 | 1,527 | 367 | 145 | 82 |
| 30 Jun 22 | 1,417 | 344 | 140 | 73 |
| 31 Mar 22 | 1,280 | 327 | 119 | 61 |
| 31 Dec 21 | 1,194 | 311 | 123 | 58 |
| 30 Sep 21 | 1,088 | 319 | 88 | 50 |
| 30 Jun 21 | 1,068 | 313 | 89 | 50 |
| 31 Mar 21 | 989 | 281 | 99 | 43 |
| 31 Dec 20 | 830 | 226 | 78 | 37 |
| 30 Sep 20 | 744 | 191 | 97 | 29 |
| 30 Jun 20 | 638 | 155 | 90 | 25 |
| 31 Mar 20 | 529 | 113 | 81 | 22 |
| 31 Dec 19 | 553 | 114 | 87 | 22 |
| 31 Dec 18 | 483 | 86 | 79 | 19 |
| 31 Dec 17 | 431 | 54 | 88 | 17 |
| 31 Dec 16 | 371 | 61 | 62 | 15 |
Quality Earnings: 605369 has high quality earnings.
Growing Profit Margin: 605369's current net profit margins (12.3%) are lower than last year (19.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 605369's earnings have grown by 3.9% per year over the past 5 years.
Accelerating Growth: 605369's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 605369 had negative earnings growth (-51.8%) over the past year, making it difficult to compare to the Medical Equipment industry average (-1.3%).
Return on Equity
High ROE: 605369's Return on Equity (7.4%) is considered low.