Hangzhou Huaguang Advanced Welding MaterialsLtd Past Earnings Performance
Past criteria checks 4/6
Hangzhou Huaguang Advanced Welding MaterialsLtd's earnings have been declining at an average annual rate of -21.2%, while the Metals and Mining industry saw earnings growing at 12.3% annually. Revenues have been growing at an average rate of 9.8% per year. Hangzhou Huaguang Advanced Welding MaterialsLtd's return on equity is 4.4%, and it has net margins of 2.8%.
Key information
-21.2%
Earnings growth rate
-28.5%
EPS growth rate
| Metals and Mining Industry Growth | 13.1% |
| Revenue growth rate | 9.8% |
| Return on equity | 4.4% |
| Net Margin | 2.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Hangzhou Huaguang Advanced Welding MaterialsLtd 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 | 1,487 | 41 | 64 | 56 |
| 31 Dec 23 | 1,415 | 42 | 61 | 53 |
| 30 Sep 23 | 1,391 | 59 | 61 | 50 |
| 30 Jun 23 | 1,302 | 31 | 57 | 46 |
| 31 Mar 23 | 1,225 | 10 | 52 | 46 |
| 31 Dec 22 | 1,220 | 9 | 52 | 45 |
| 30 Sep 22 | 1,187 | -9 | 44 | 42 |
| 30 Jun 22 | 1,237 | 21 | 49 | 42 |
| 31 Mar 22 | 1,223 | 35 | 44 | 43 |
| 31 Dec 21 | 1,211 | 45 | 45 | 46 |
| 30 Sep 21 | 1,185 | 65 | 43 | 50 |
| 30 Jun 21 | 1,111 | 77 | 42 | 48 |
| 31 Mar 21 | 996 | 75 | 43 | 42 |
| 31 Dec 20 | 860 | 65 | 38 | 36 |
| 30 Sep 20 | 825 | 63 | 41 | 37 |
| 30 Jun 20 | 740 | 52 | 37 | 35 |
| 31 Mar 20 | 747 | 57 | 32 | 34 |
| 31 Dec 19 | 767 | 59 | 36 | 35 |
| 31 Dec 18 | 670 | 49 | 32 | 24 |
| 31 Dec 17 | 622 | 41 | 28 | 23 |
| 31 Dec 16 | 477 | 32 | 28 | 20 |
| 31 Dec 15 | 372 | 17 | 37 | 0 |
| 31 Dec 14 | 489 | 31 | 42 | 0 |
| 31 Dec 13 | 570 | 40 | 39 | 0 |
Quality Earnings: 688379 has high quality earnings.
Growing Profit Margin: 688379's current net profit margins (2.8%) are higher than last year (0.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688379's earnings have declined by 21.2% per year over the past 5 years.
Accelerating Growth: 688379's earnings growth over the past year (297.1%) exceeds its 5-year average (-21.2% per year).
Earnings vs Industry: 688379 earnings growth over the past year (297.1%) exceeded the Metals and Mining industry -1.7%.
Return on Equity
High ROE: 688379's Return on Equity (4.4%) is considered low.