Ningbo Henghe Precision IndustryLtd Past Earnings Performance
Past criteria checks 4/6
Ningbo Henghe Precision IndustryLtd has been growing earnings at an average annual rate of 33.2%, while the Chemicals industry saw earnings growing at 8.1% annually. Revenues have been growing at an average rate of 5.1% per year. Ningbo Henghe Precision IndustryLtd's return on equity is 5.8%, and it has net margins of 5%.
Key information
33.2%
Earnings growth rate
32.7%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 5.1% |
| Return on equity | 5.8% |
| Net Margin | 5.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Ningbo Henghe Precision IndustryLtd 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 | 661 | 33 | 55 | 35 |
| 31 Dec 23 | 678 | 34 | 54 | 33 |
| 30 Sep 23 | 683 | 38 | 56 | 35 |
| 31 Mar 23 | 687 | 32 | 56 | 34 |
| 01 Jan 23 | 668 | 28 | 55 | 34 |
| 30 Sep 22 | 667 | 25 | 50 | 29 |
| 30 Jun 22 | 660 | 24 | 45 | 28 |
| 31 Mar 22 | 702 | 23 | 49 | 27 |
| 01 Jan 22 | 696 | 22 | 49 | 27 |
| 30 Sep 21 | 691 | 21 | 45 | 29 |
| 30 Jun 21 | 659 | 21 | 47 | 26 |
| 31 Mar 21 | 654 | 22 | 50 | 25 |
| 31 Dec 20 | 578 | 15 | 49 | 23 |
| 30 Sep 20 | 565 | 11 | 61 | 22 |
| 30 Jun 20 | 532 | 8 | 60 | 23 |
| 31 Mar 20 | 506 | 3 | 53 | 24 |
| 31 Dec 19 | 557 | 10 | 55 | 26 |
| 30 Sep 19 | 555 | 4 | 48 | 26 |
| 30 Jun 19 | 584 | 7 | 51 | 27 |
| 31 Mar 19 | 577 | 10 | 54 | 26 |
| 31 Dec 18 | 554 | 10 | 51 | 24 |
| 30 Sep 18 | 536 | 17 | 56 | 24 |
| 30 Jun 18 | 528 | 23 | 44 | 31 |
| 31 Mar 18 | 502 | 25 | 48 | 25 |
| 31 Dec 17 | 492 | 31 | 50 | 20 |
| 30 Sep 17 | 458 | 41 | 46 | 13 |
| 30 Jun 17 | 422 | 39 | 58 | 0 |
| 31 Mar 17 | 417 | 40 | 51 | 0 |
| 31 Dec 16 | 399 | 38 | 49 | 0 |
| 30 Sep 16 | 392 | 30 | 44 | 0 |
| 30 Jun 16 | 379 | 28 | 41 | 0 |
| 31 Mar 16 | 364 | 28 | 40 | 0 |
| 31 Dec 15 | 373 | 27 | 38 | 0 |
| 31 Dec 14 | 375 | 22 | 40 | 0 |
| 31 Dec 13 | 403 | 29 | 41 | 0 |
Quality Earnings: 300539 has high quality earnings.
Growing Profit Margin: 300539's current net profit margins (5%) are higher than last year (4.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300539's earnings have grown significantly by 33.2% per year over the past 5 years.
Accelerating Growth: 300539's earnings growth over the past year (2.4%) is below its 5-year average (33.2% per year).
Earnings vs Industry: 300539 earnings growth over the past year (2.4%) exceeded the Chemicals industry -17.2%.
Return on Equity
High ROE: 300539's Return on Equity (5.8%) is considered low.