ZheJiang HuaSheng TechnologyLtd Past Earnings Performance
Past criteria checks 0/6
ZheJiang HuaSheng TechnologyLtd's earnings have been declining at an average annual rate of -20.3%, while the Chemicals industry saw earnings growing at 8.5% annually. Revenues have been declining at an average rate of 35.7% per year. ZheJiang HuaSheng TechnologyLtd's return on equity is 3.2%, and it has net margins of 13.3%.
Key information
-20.3%
Earnings growth rate
-27.1%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | -35.7% |
| Return on equity | 3.2% |
| Net Margin | 13.3% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How ZheJiang HuaSheng TechnologyLtd 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 | 271 | 36 | 20 | 13 |
| 31 Dec 23 | 239 | 28 | 19 | 13 |
| 30 Sep 23 | 225 | 34 | 22 | 16 |
| 30 Jun 23 | 240 | 41 | 20 | 14 |
| 31 Mar 23 | 253 | 47 | 18 | 13 |
| 31 Dec 22 | 277 | 59 | 15 | 13 |
| 30 Sep 22 | 360 | 83 | 14 | 15 |
| 30 Jun 22 | 451 | 116 | 15 | 19 |
| 31 Mar 22 | 571 | 156 | 19 | 21 |
| 31 Dec 21 | 643 | 180 | 27 | 22 |
| 30 Sep 21 | 628 | 188 | 26 | 20 |
| 30 Jun 21 | 571 | 171 | 27 | 16 |
| 31 Mar 21 | 475 | 141 | 24 | 15 |
| 31 Dec 20 | 369 | 108 | 18 | 12 |
| 30 Sep 20 | 318 | 95 | 18 | 9 |
| 30 Jun 20 | 298 | 89 | 19 | 9 |
| 31 Mar 20 | 288 | 80 | 20 | 9 |
| 31 Dec 19 | 318 | 87 | 21 | 11 |
| 31 Dec 18 | 318 | 68 | 37 | 11 |
| 31 Dec 17 | 263 | 58 | 22 | 11 |
| 31 Dec 16 | 207 | 52 | 17 | 9 |
Quality Earnings: 605180 has a high level of non-cash earnings.
Growing Profit Margin: 605180's current net profit margins (13.3%) are lower than last year (18.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 605180's earnings have declined by 20.3% per year over the past 5 years.
Accelerating Growth: 605180's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 605180 had negative earnings growth (-23.5%) over the past year, making it difficult to compare to the Chemicals industry average (-20.1%).
Return on Equity
High ROE: 605180's Return on Equity (3.2%) is considered low.