Zhejiang Wansheng Past Earnings Performance
Past criteria checks 2/6
Zhejiang Wansheng has been growing earnings at an average annual rate of 8.4%, while the Chemicals industry saw earnings growing at 8.5% annually. Revenues have been growing at an average rate of 11.9% per year. Zhejiang Wansheng's return on equity is 3.8%, and it has net margins of 6.1%.
Key information
8.4%
Earnings growth rate
6.0%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 11.9% |
| Return on equity | 3.8% |
| Net Margin | 6.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Zhejiang Wansheng 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 | 2,808 | 172 | 180 | 112 |
| 31 Dec 23 | 2,850 | 184 | 188 | 118 |
| 30 Sep 23 | 3,072 | 230 | 182 | 125 |
| 30 Jun 23 | 3,194 | 242 | 195 | 126 |
| 31 Mar 23 | 3,385 | 294 | 207 | 129 |
| 31 Dec 22 | 3,564 | 365 | 202 | 130 |
| 30 Sep 22 | 3,730 | 485 | 217 | 135 |
| 30 Jun 22 | 3,956 | 634 | 213 | 141 |
| 31 Mar 22 | 4,079 | 749 | 201 | 137 |
| 31 Dec 21 | 4,115 | 824 | 201 | 132 |
| 30 Sep 21 | 3,786 | 788 | 117 | 117 |
| 30 Jun 21 | 3,392 | 716 | 124 | 109 |
| 31 Mar 21 | 2,862 | 562 | 130 | 105 |
| 31 Dec 20 | 2,322 | 393 | 124 | 96 |
| 30 Sep 20 | 2,063 | 255 | 205 | 94 |
| 30 Jun 20 | 1,874 | 198 | 193 | 93 |
| 31 Mar 20 | 1,852 | 174 | 196 | 87 |
| 31 Dec 19 | 1,930 | 166 | 196 | 85 |
| 30 Sep 19 | 2,013 | 112 | 199 | 85 |
| 30 Jun 19 | 2,026 | 134 | 195 | 68 |
| 31 Mar 19 | 1,915 | 129 | 182 | 55 |
| 31 Dec 18 | 1,733 | 108 | 168 | 47 |
| 30 Sep 18 | 1,519 | 149 | 150 | 36 |
| 30 Jun 18 | 1,423 | 92 | 132 | 34 |
| 31 Mar 18 | 1,422 | 59 | 119 | 42 |
| 31 Dec 17 | 1,473 | 91 | 125 | 37 |
| 30 Sep 17 | 1,453 | 119 | 129 | 23 |
| 30 Jun 17 | 1,384 | 128 | 131 | 14 |
| 31 Mar 17 | 1,295 | 155 | 138 | 0 |
| 31 Dec 16 | 1,227 | 150 | 136 | 0 |
| 30 Sep 16 | 1,108 | 134 | 131 | 0 |
| 30 Jun 16 | 995 | 112 | 126 | 0 |
| 31 Mar 16 | 939 | 98 | 118 | 0 |
| 31 Dec 15 | 880 | 85 | 108 | 0 |
| 30 Sep 15 | 841 | 67 | 99 | 0 |
| 30 Jun 15 | 824 | 60 | 93 | 0 |
| 31 Mar 15 | 779 | 49 | 85 | 0 |
| 31 Dec 14 | 747 | 42 | 81 | 0 |
| 30 Sep 14 | 707 | 49 | 71 | 0 |
| 31 Dec 13 | 645 | 59 | 63 | 0 |
Quality Earnings: 603010 has high quality earnings.
Growing Profit Margin: 603010's current net profit margins (6.1%) are lower than last year (8.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603010's earnings have grown by 8.4% per year over the past 5 years.
Accelerating Growth: 603010's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603010 had negative earnings growth (-41.7%) over the past year, making it difficult to compare to the Chemicals industry average (-20.1%).
Return on Equity
High ROE: 603010's Return on Equity (3.8%) is considered low.