Zhejiang Zhongke Magnetic Industry Past Earnings Performance
Past criteria checks 0/6
Zhejiang Zhongke Magnetic Industry's earnings have been declining at an average annual rate of -10.1%, while the Metals and Mining industry saw earnings growing at 9.8% annually. Revenues have been growing at an average rate of 5.8% per year. Zhejiang Zhongke Magnetic Industry's return on equity is 1.7%, and it has net margins of 4.2%.
Key information
-10.1%
Earnings growth rate
-14.7%
EPS growth rate
| Metals and Mining Industry Growth | 13.1% |
| Revenue growth rate | 5.8% |
| Return on equity | 1.7% |
| Net Margin | 4.2% |
| Last Earnings Update | 30 Sep 2024 |
Revenue & Expenses Breakdown
How Zhejiang Zhongke Magnetic Industry 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 |
|---|---|---|---|---|
| 30 Sep 24 | 497 | 21 | 33 | 17 |
| 30 Jun 24 | 487 | 28 | 33 | 17 |
| 31 Mar 24 | 485 | 39 | 35 | 17 |
| 31 Dec 23 | 485 | 48 | 31 | 17 |
| 30 Sep 23 | 489 | 50 | 22 | 18 |
| 30 Jun 23 | 498 | 48 | 20 | 17 |
| 31 Mar 23 | 579 | 74 | 17 | 19 |
| 01 Jan 23 | 619 | 89 | 19 | 21 |
| 30 Sep 22 | 651 | 100 | 28 | 23 |
| 30 Jun 22 | 664 | 112 | 28 | 23 |
| 31 Mar 22 | 574 | 93 | 25 | 21 |
| 31 Dec 21 | 545 | 85 | 26 | 20 |
| 31 Dec 20 | 378 | 56 | 17 | 12 |
| 31 Dec 19 | 260 | 28 | 18 | 8 |
| 31 Dec 18 | 235 | 14 | 17 | 8 |
Quality Earnings: 301141 has a high level of non-cash earnings.
Growing Profit Margin: 301141's current net profit margins (4.2%) are lower than last year (10.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301141's earnings have declined by 10.1% per year over the past 5 years.
Accelerating Growth: 301141's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301141 had negative earnings growth (-58.2%) over the past year, making it difficult to compare to the Metals and Mining industry average (-3%).
Return on Equity
High ROE: 301141's Return on Equity (1.7%) is considered low.