Hangzhou Huawang New Material TechnologyLtd Past Earnings Performance
Past criteria checks 4/6
Hangzhou Huawang New Material TechnologyLtd has been growing earnings at an average annual rate of 24.6%, while the Forestry industry saw earnings growing at 2.8% annually. Revenues have been growing at an average rate of 20.4% per year. Hangzhou Huawang New Material TechnologyLtd's return on equity is 14.5%, and it has net margins of 15.1%.
Key information
24.6%
Earnings growth rate
13.4%
EPS growth rate
| Forestry Industry Growth | 7.7% |
| Revenue growth rate | 20.4% |
| Return on equity | 14.5% |
| Net Margin | 15.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Hangzhou Huawang New Material 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 | 4,014 | 605 | 75 | 131 |
| 31 Dec 23 | 3,976 | 566 | 76 | 121 |
| 30 Sep 23 | 3,931 | 534 | 90 | 108 |
| 30 Jun 23 | 3,691 | 476 | 81 | 88 |
| 31 Mar 23 | 3,594 | 462 | 79 | 88 |
| 31 Dec 22 | 3,436 | 467 | 72 | 93 |
| 30 Sep 22 | 3,426 | 459 | 72 | 95 |
| 30 Jun 22 | 3,217 | 457 | 66 | 99 |
| 31 Mar 22 | 3,063 | 463 | 66 | 91 |
| 31 Dec 21 | 2,940 | 449 | 61 | 88 |
| 30 Sep 21 | 2,518 | 407 | 34 | 79 |
| 30 Jun 21 | 2,271 | 385 | 38 | 73 |
| 31 Mar 21 | 1,966 | 322 | 41 | 65 |
| 31 Dec 20 | 1,612 | 260 | 35 | 54 |
| 30 Sep 20 | 1,494 | 232 | 56 | 51 |
| 30 Jun 20 | 1,511 | 209 | 55 | 46 |
| 31 Mar 20 | 1,527 | 179 | 54 | 44 |
| 31 Dec 19 | 1,654 | 171 | 56 | 48 |
| 31 Dec 18 | 1,925 | 125 | 60 | 49 |
| 31 Dec 17 | 1,830 | 177 | 70 | 53 |
| 31 Dec 16 | 1,347 | 101 | 49 | 38 |
| 30 Jun 16 | 606 | 63 | 52 | 0 |
| 31 Mar 16 | 599 | 62 | 49 | 0 |
| 31 Dec 15 | 592 | 61 | 45 | 0 |
| 30 Sep 15 | 587 | 60 | 46 | 0 |
| 30 Jun 15 | 581 | 60 | 46 | 0 |
| 31 Mar 15 | 588 | 53 | 45 | 0 |
| 31 Dec 14 | 595 | 46 | 45 | 0 |
| 31 Dec 13 | 507 | 20 | 34 | 0 |
Quality Earnings: 605377 has a high level of non-cash earnings.
Growing Profit Margin: 605377's current net profit margins (15.1%) are higher than last year (12.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 605377's earnings have grown significantly by 24.6% per year over the past 5 years.
Accelerating Growth: 605377's earnings growth over the past year (30.9%) exceeds its 5-year average (24.6% per year).
Earnings vs Industry: 605377 earnings growth over the past year (30.9%) exceeded the Forestry industry -22.8%.
Return on Equity
High ROE: 605377's Return on Equity (14.5%) is considered low.