Hengong Precision Equipment Past Earnings Performance
Past criteria checks 4/6
Hengong Precision Equipment has been growing earnings at an average annual rate of 21.1%, while the Metals and Mining industry saw earnings growing at 9.8% annually. Revenues have been growing at an average rate of 12.1% per year. Hengong Precision Equipment's return on equity is 9%, and it has net margins of 14.1%.
Key information
21.1%
Earnings growth rate
7.2%
EPS growth rate
| Metals and Mining Industry Growth | 13.1% |
| Revenue growth rate | 12.1% |
| Return on equity | 9.0% |
| Net Margin | 14.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Hengong Precision Equipment 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 | 1,000 | 141 | 86 | 36 |
| 30 Jun 24 | 960 | 135 | 82 | 32 |
| 31 Mar 24 | 905 | 128 | 73 | 31 |
| 31 Dec 23 | 883 | 127 | 66 | 30 |
| 30 Sep 23 | 833 | 107 | 57 | 28 |
| 30 Jun 23 | 839 | 108 | 49 | 27 |
| 31 Mar 23 | 861 | 158 | 63 | 34 |
| 01 Jan 23 | 864 | 102 | 47 | 28 |
| 30 Sep 22 | 883 | 95 | 51 | 28 |
| 30 Jun 22 | 902 | 92 | 54 | 29 |
| 31 Mar 22 | 884 | 48 | 43 | 21 |
| 31 Dec 21 | 878 | 102 | 57 | 28 |
| 31 Dec 20 | 528 | 61 | 47 | 18 |
| 31 Dec 19 | 416 | 40 | 73 | 14 |
| 31 Dec 18 | 449 | 76 | 50 | 15 |
Quality Earnings: 301261 has a high level of non-cash earnings.
Growing Profit Margin: 301261's current net profit margins (14.1%) are higher than last year (12.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301261's earnings have grown significantly by 21.1% per year over the past 5 years.
Accelerating Growth: 301261's earnings growth over the past year (32.3%) exceeds its 5-year average (21.1% per year).
Earnings vs Industry: 301261 earnings growth over the past year (32.3%) exceeded the Metals and Mining industry -3%.
Return on Equity
High ROE: 301261's Return on Equity (9%) is considered low.