Zhejiang Zhongxin Environmental Protection Technology Group Past Earnings Performance
Past criteria checks 3/6
Zhejiang Zhongxin Environmental Protection Technology Group has been growing earnings at an average annual rate of 21.5%, while the Packaging industry saw earnings growing at 2.5% annually. Revenues have been growing at an average rate of 0.8% per year. Zhejiang Zhongxin Environmental Protection Technology Group's return on equity is 21.2%, and it has net margins of 17.5%.
Key information
21.5%
Earnings growth rate
21.3%
EPS growth rate
| Packaging Industry Growth | 4.0% |
| Revenue growth rate | 0.8% |
| Return on equity | 21.2% |
| Net Margin | 17.5% |
| Next Earnings Update | 29 Oct 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Zhejiang Zhongxin Environmental Protection Technology Group 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 Dec 23 | 1,326 | 231 | 102 | 39 |
| 31 Dec 22 | 1,316 | 191 | 96 | 37 |
| 31 Dec 21 | 910 | 100 | 121 | 30 |
Quality Earnings: 603091 has a high level of non-cash earnings.
Growing Profit Margin: 603091's current net profit margins (17.5%) are higher than last year (14.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if 603091's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare 603091's past year earnings growth to its 5-year average.
Earnings vs Industry: 603091 earnings growth over the past year (21.5%) exceeded the Packaging industry 9.7%.
Return on Equity
High ROE: 603091's Return on Equity (21.2%) is considered high.