Zhangjiagang Haiguo New Energy Equipment Manufacturing Past Earnings Performance
Past criteria checks 0/6
Zhangjiagang Haiguo New Energy Equipment Manufacturing's earnings have been declining at an average annual rate of -8%, while the Metals and Mining industry saw earnings growing at 12.1% annually. Revenues have been growing at an average rate of 9% per year. Zhangjiagang Haiguo New Energy Equipment Manufacturing's return on equity is 3.3%, and it has net margins of 4%.
Key information
-8.0%
Earnings growth rate
-21.9%
EPS growth rate
| Metals and Mining Industry Growth | 13.1% |
| Revenue growth rate | 9.0% |
| Return on equity | 3.3% |
| Net Margin | 4.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Zhangjiagang Haiguo New Energy Equipment Manufacturing 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 | 1,252 | 50 | 48 | 40 |
| 31 Dec 23 | 1,258 | 56 | 47 | 42 |
| 30 Jun 23 | 1,439 | 95 | 55 | 49 |
| 31 Mar 23 | 1,395 | 96 | 55 | 46 |
| 31 Dec 22 | 1,353 | 92 | 57 | 45 |
| 30 Sep 22 | 1,284 | 90 | 57 | 43 |
| 30 Jun 22 | 1,128 | 70 | 48 | 37 |
| 31 Mar 22 | 1,068 | 69 | 42 | 34 |
| 01 Jan 22 | 1,059 | 88 | 42 | 34 |
| 30 Sep 21 | 1,010 | 92 | 34 | 31 |
| 30 Jun 21 | 1,118 | 114 | 37 | 36 |
| 31 Mar 21 | 1,093 | 114 | 40 | 37 |
| 31 Dec 20 | 1,014 | 105 | 38 | 33 |
| 31 Dec 19 | 647 | 65 | 45 | 20 |
| 31 Dec 18 | 495 | 47 | 42 | 15 |
| 31 Dec 17 | 319 | 20 | 29 | 11 |
Quality Earnings: 301063 has a large one-off loss of CN¥24.4M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 301063's current net profit margins (4%) are lower than last year (6.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301063's earnings have declined by 8% per year over the past 5 years.
Accelerating Growth: 301063's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301063 had negative earnings growth (-47.9%) over the past year, making it difficult to compare to the Metals and Mining industry average (-1.2%).
Return on Equity
High ROE: 301063's Return on Equity (3.3%) is considered low.