Zhejiang Mustang BatteryLtd Past Earnings Performance
Past criteria checks 4/6
Zhejiang Mustang BatteryLtd has been growing earnings at an average annual rate of 3.2%, while the Household Products industry saw earnings declining at 1.9% annually. Revenues have been declining at an average rate of 2% per year. Zhejiang Mustang BatteryLtd's return on equity is 11.7%, and it has net margins of 12.3%.
Key information
3.2%
Earnings growth rate
-4.7%
EPS growth rate
| Household Products Industry Growth | -1.3% |
| Revenue growth rate | -2.0% |
| Return on equity | 11.7% |
| Net Margin | 12.3% |
| Next Earnings Update | 28 Apr 2025 |
Recent past performance updates
Impressive Earnings May Not Tell The Whole Story For Zhejiang Mustang BatteryLtd (SHSE:605378)
Nov 04
Recent updates
We Ran A Stock Scan For Earnings Growth And Zhejiang Mustang BatteryLtd (SHSE:605378) Passed With Ease
Dec 26Zhejiang Mustang Battery Co.,Ltd (SHSE:605378) Held Back By Insufficient Growth Even After Shares Climb 26%
Dec 26Impressive Earnings May Not Tell The Whole Story For Zhejiang Mustang BatteryLtd (SHSE:605378)
Nov 04Zhejiang Mustang BatteryLtd (SHSE:605378) May Have Issues Allocating Its Capital
Apr 03Revenue & Expenses Breakdown
How Zhejiang Mustang BatteryLtd 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 | 1,183 | 146 | 65 | 34 |
| 30 Jun 24 | 1,104 | 136 | 66 | 32 |
| 31 Mar 24 | 1,020 | 119 | 63 | 29 |
| 31 Dec 23 | 997 | 106 | 63 | 30 |
| 30 Sep 23 | 974 | 102 | 65 | 30 |
| 30 Jun 23 | 941 | 100 | 62 | 30 |
| 31 Mar 23 | 965 | 107 | 63 | 29 |
| 31 Dec 22 | 1,020 | 99 | 64 | 32 |
| 30 Sep 22 | 1,098 | 85 | 67 | 32 |
| 30 Jun 22 | 1,121 | 73 | 70 | 34 |
| 31 Mar 22 | 1,147 | 54 | 75 | 37 |
| 31 Dec 21 | 1,187 | 76 | 78 | 35 |
| 30 Sep 21 | 1,182 | 94 | 66 | 36 |
| 30 Jun 21 | 1,223 | 117 | 66 | 36 |
| 31 Mar 21 | 1,221 | 126 | 89 | 34 |
| 31 Dec 20 | 1,099 | 118 | 81 | 32 |
| 31 Dec 19 | 991 | 123 | 74 | 29 |
| 31 Dec 18 | 1,052 | 105 | 83 | 28 |
| 31 Dec 17 | 1,078 | 54 | 94 | 26 |
| 31 Dec 16 | 898 | 134 | 75 | 24 |
Quality Earnings: 605378 has a high level of non-cash earnings.
Growing Profit Margin: 605378's current net profit margins (12.3%) are higher than last year (10.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 605378's earnings have grown by 3.2% per year over the past 5 years.
Accelerating Growth: 605378's earnings growth over the past year (43.5%) exceeds its 5-year average (3.2% per year).
Earnings vs Industry: 605378 earnings growth over the past year (43.5%) exceeded the Household Products industry -6.7%.
Return on Equity
High ROE: 605378's Return on Equity (11.7%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/23 12:18 |
| End of Day Share Price | 2025/01/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhejiang Mustang Battery Co.,Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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