Qingdao Huijintong Power EquipmentLtd Past Earnings Performance
Past criteria checks 3/6
Qingdao Huijintong Power EquipmentLtd's earnings have been declining at an average annual rate of -12.3%, while the Metals and Mining industry saw earnings growing at 12.1% annually. Revenues have been growing at an average rate of 24.1% per year. Qingdao Huijintong Power EquipmentLtd's return on equity is 2.2%, and it has net margins of 0.9%.
Key information
-12.3%
Earnings growth rate
-17.4%
EPS growth rate
| Metals and Mining Industry Growth | 13.1% |
| Revenue growth rate | 24.1% |
| Return on equity | 2.2% |
| Net Margin | 0.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Not Many Are Piling Into Qingdao Huijintong Power Equipment Co.,Ltd. (SHSE:603577) Stock Yet As It Plummets 27%
Apr 22
Qingdao Huijintong Power EquipmentLtd's (SHSE:603577) Problems Go Beyond Weak Profit
Apr 02Investors Still Aren't Entirely Convinced By Qingdao Huijintong Power Equipment Co.,Ltd.'s (SHSE:603577) Revenues Despite 33% Price Jump
Mar 08Investors Met With Slowing Returns on Capital At Qingdao Huijintong Power EquipmentLtd (SHSE:603577)
Mar 07Revenue & Expenses BreakdownBeta
How Qingdao Huijintong Power EquipmentLtd 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 | 4,042 | 36 | 183 | 154 |
| 31 Dec 23 | 4,094 | 26 | 179 | 145 |
| 30 Sep 23 | 3,739 | 29 | 137 | 124 |
| 30 Jun 23 | 3,689 | 30 | 142 | 120 |
| 31 Mar 23 | 3,705 | 30 | 160 | 116 |
| 31 Dec 22 | 3,609 | 39 | 170 | 119 |
| 30 Sep 22 | 3,962 | 50 | 189 | 121 |
| 30 Jun 22 | 3,652 | 62 | 171 | 101 |
| 31 Mar 22 | 3,486 | 59 | 156 | 98 |
| 31 Dec 21 | 3,214 | 71 | 154 | 88 |
| 30 Sep 21 | 2,315 | 78 | 29 | 72 |
| 30 Jun 21 | 2,115 | 92 | 59 | 70 |
| 31 Mar 21 | 1,970 | 110 | 78 | 70 |
| 31 Dec 20 | 1,937 | 106 | 95 | 70 |
| 30 Sep 20 | 2,120 | 107 | 203 | 72 |
| 30 Jun 20 | 1,978 | 89 | 205 | 68 |
| 31 Mar 20 | 1,784 | 73 | 167 | 62 |
| 31 Dec 19 | 1,618 | 59 | 162 | 55 |
| 30 Sep 19 | 1,376 | 51 | 133 | 49 |
| 30 Jun 19 | 1,244 | 37 | 121 | 44 |
| 31 Mar 19 | 1,067 | 33 | 101 | 38 |
| 31 Dec 18 | 958 | 32 | 86 | 33 |
| 30 Sep 18 | 880 | 37 | 88 | 34 |
| 30 Jun 18 | 854 | 49 | 79 | 27 |
| 31 Mar 18 | 832 | 47 | 75 | 30 |
| 31 Dec 17 | 803 | 48 | 75 | 28 |
| 30 Sep 17 | 794 | 54 | 72 | 11 |
| 30 Jun 17 | 759 | 62 | 70 | 10 |
| 31 Mar 17 | 708 | 62 | 80 | 0 |
| 31 Dec 16 | 652 | 63 | 77 | 0 |
| 30 Sep 16 | 628 | 71 | 110 | 0 |
| 31 Dec 15 | 553 | 57 | 59 | 0 |
| 31 Dec 14 | 542 | 41 | 53 | 0 |
| 31 Dec 13 | 609 | 51 | 60 | 0 |
Quality Earnings: 603577 has a large one-off gain of CN¥54.5M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 603577's current net profit margins (0.9%) are higher than last year (0.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603577's earnings have declined by 12.3% per year over the past 5 years.
Accelerating Growth: 603577's earnings growth over the past year (20.6%) exceeds its 5-year average (-12.3% per year).
Earnings vs Industry: 603577 earnings growth over the past year (20.6%) exceeded the Metals and Mining industry -0.6%.
Return on Equity
High ROE: 603577's Return on Equity (2.2%) is considered low.