Zhejiang Power New Energy Past Earnings Performance
Past criteria checks 0/6
Zhejiang Power New Energy's earnings have been declining at an average annual rate of -21.8%, while the Chemicals industry saw earnings growing at 8.7% annually. Revenues have been declining at an average rate of 11.3% per year.
Key information
-21.8%
Earnings growth rate
-23.9%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | -11.3% |
| Return on equity | -5.0% |
| Net Margin | -11.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Zhejiang Power New Energy 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 | 1,319 | -145 | 53 | 56 |
| 31 Dec 23 | 1,172 | -97 | 50 | 51 |
| 30 Sep 23 | 1,116 | 62 | 53 | 50 |
| 30 Jun 23 | 1,241 | 92 | 49 | 49 |
| 31 Mar 23 | 1,488 | 105 | 46 | 53 |
| 31 Dec 22 | 1,656 | 146 | 37 | 53 |
| 30 Sep 22 | 1,607 | 129 | 27 | 49 |
| 30 Jun 22 | 1,391 | 112 | 32 | 46 |
| 31 Mar 22 | 1,105 | 110 | 29 | 38 |
| 31 Dec 21 | 866 | 84 | 26 | 32 |
| 30 Sep 21 | 721 | 67 | 41 | 50 |
| 31 Dec 20 | 579 | 41 | 19 | 27 |
| 31 Dec 19 | 537 | 20 | 22 | 18 |
| 31 Dec 18 | 638 | 36 | 19 | 16 |
Quality Earnings: 688184 is currently unprofitable.
Growing Profit Margin: 688184 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688184 is unprofitable, and losses have increased over the past 5 years at a rate of 21.8% per year.
Accelerating Growth: Unable to compare 688184's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 688184 is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-20.2%).
Return on Equity
High ROE: 688184 has a negative Return on Equity (-4.98%), as it is currently unprofitable.