Zhejiang Zhongcheng Packing Material Past Earnings Performance
Past criteria checks 2/6
Zhejiang Zhongcheng Packing Material has been growing earnings at an average annual rate of 10.7%, while the Chemicals industry saw earnings growing at 8% annually. Revenues have been growing at an average rate of 10% per year. Zhejiang Zhongcheng Packing Material's return on equity is 2.3%, and it has net margins of 5.7%.
Key information
10.7%
Earnings growth rate
10.5%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 10.0% |
| Return on equity | 2.3% |
| Net Margin | 5.7% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses Breakdown
How Zhejiang Zhongcheng Packing Material 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 | 1,707 | 97 | 125 | 66 |
| 31 Dec 23 | 1,728 | 104 | 120 | 67 |
| 30 Sep 23 | 1,737 | 106 | 119 | 70 |
| 30 Jun 23 | 1,813 | 116 | 118 | 71 |
| 31 Mar 23 | 1,825 | 126 | 117 | 69 |
| 01 Jan 23 | 1,884 | 153 | 122 | 68 |
| 30 Sep 22 | 1,910 | 169 | 130 | 67 |
| 30 Jun 22 | 1,838 | 178 | 130 | 66 |
| 31 Mar 22 | 1,874 | 190 | 133 | 65 |
| 01 Jan 22 | 1,796 | 178 | 137 | 64 |
| 30 Sep 21 | 1,737 | 192 | 106 | 64 |
| 30 Jun 21 | 1,674 | 197 | 112 | 63 |
| 31 Mar 21 | 1,576 | 189 | 114 | 58 |
| 31 Dec 20 | 1,449 | 170 | 111 | 54 |
| 30 Sep 20 | 1,390 | 119 | 138 | 50 |
| 30 Jun 20 | 1,325 | 86 | 140 | 46 |
| 31 Mar 20 | 1,220 | 72 | 141 | 47 |
| 31 Dec 19 | 1,246 | 64 | 142 | 48 |
| 30 Sep 19 | 1,173 | 65 | 146 | 46 |
| 30 Jun 19 | 1,134 | 56 | 135 | 44 |
| 31 Mar 19 | 1,103 | 36 | 131 | 39 |
| 31 Dec 18 | 1,049 | 36 | 125 | 34 |
| 30 Sep 18 | 949 | 39 | 118 | 29 |
| 30 Jun 18 | 811 | 51 | 101 | 41 |
| 31 Mar 18 | 714 | 60 | 103 | 35 |
| 31 Dec 17 | 635 | 68 | 107 | 28 |
| 30 Sep 17 | 623 | 95 | 105 | 21 |
| 30 Jun 17 | 593 | 96 | 119 | 0 |
| 31 Mar 17 | 567 | 102 | 106 | 0 |
| 31 Dec 16 | 539 | 103 | 101 | 0 |
| 30 Sep 16 | 501 | 103 | 90 | 0 |
| 30 Jun 16 | 508 | 93 | 92 | 0 |
| 31 Mar 16 | 490 | 83 | 92 | 0 |
| 31 Dec 15 | 484 | 68 | 90 | 0 |
| 30 Sep 15 | 505 | 60 | 93 | 0 |
| 30 Jun 15 | 518 | 59 | 89 | 0 |
| 31 Mar 15 | 544 | 57 | 87 | 0 |
| 31 Dec 14 | 542 | 60 | 85 | 0 |
| 30 Sep 14 | 535 | 61 | 87 | 0 |
| 30 Jun 14 | 520 | 60 | 84 | 0 |
| 31 Mar 14 | 506 | 64 | 82 | 0 |
| 31 Dec 13 | 506 | 73 | 77 | 0 |
| 30 Sep 13 | 498 | 80 | 71 | 0 |
| 30 Jun 13 | 477 | 90 | 63 | 0 |
Quality Earnings: 002522 has high quality earnings.
Growing Profit Margin: 002522's current net profit margins (5.7%) are lower than last year (6.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002522's earnings have grown by 10.7% per year over the past 5 years.
Accelerating Growth: 002522's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002522 had negative earnings growth (-22.8%) over the past year, making it difficult to compare to the Chemicals industry average (-16.2%).
Return on Equity
High ROE: 002522's Return on Equity (2.3%) is considered low.