Zhejiang Dragon Technology Past Earnings Performance
Past criteria checks 4/6
Zhejiang Dragon Technology has been growing earnings at an average annual rate of 17.8%, while the Chemicals industry saw earnings growing at 7.9% annually. Revenues have been declining at an average rate of 13% per year. Zhejiang Dragon Technology's return on equity is 8.7%, and it has net margins of 24.1%.
Key information
17.8%
Earnings growth rate
21.3%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | -13.0% |
| Return on equity | 8.7% |
| Net Margin | 24.1% |
| Next Earnings Update | 30 Aug 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Zhejiang Dragon 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 | 697 | 168 | 57 | 32 |
| 31 Dec 23 | 742 | 174 | 57 | 32 |
| 30 Sep 23 | 741 | 177 | 50 | 34 |
| 31 Dec 22 | 831 | 151 | 56 | 34 |
| 31 Dec 21 | 701 | 95 | 61 | 28 |
| 31 Dec 20 | 644 | 83 | 60 | 20 |
| 31 Dec 19 | 630 | 93 | 68 | 19 |
Quality Earnings: 603004 has high quality earnings.
Growing Profit Margin: 603004's current net profit margins (24.1%) are higher than last year (19.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603004's earnings have grown by 17.8% per year over the past 5 years.
Accelerating Growth: 603004's earnings growth over the past year (5.5%) is below its 5-year average (17.8% per year).
Earnings vs Industry: 603004 earnings growth over the past year (5.5%) exceeded the Chemicals industry -16.4%.
Return on Equity
High ROE: 603004's Return on Equity (8.7%) is considered low.