Zhejiang Hengda New MaterialLtd Past Earnings Performance
Past criteria checks 2/6
Zhejiang Hengda New MaterialLtd has been growing earnings at an average annual rate of 19.9%, while the Packaging industry saw earnings growing at 1% annually. Revenues have been growing at an average rate of 11.3% per year. Zhejiang Hengda New MaterialLtd's return on equity is 6.3%, and it has net margins of 9.4%.
Key information
19.9%
Earnings growth rate
18.5%
EPS growth rate
| Packaging Industry Growth | 4.0% |
| Revenue growth rate | 11.3% |
| Return on equity | 6.3% |
| Net Margin | 9.4% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses Breakdown
How Zhejiang Hengda New MaterialLtd 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 | 924 | 87 | 35 | 36 |
| 31 Dec 23 | 869 | 88 | 33 | 35 |
| 30 Sep 23 | 872 | 82 | 30 | 35 |
| 31 Mar 23 | 930 | 85 | 29 | 37 |
| 01 Jan 23 | 953 | 97 | 32 | 39 |
| 30 Sep 22 | 907 | 111 | 34 | 38 |
| 30 Jun 22 | 869 | 110 | 36 | 37 |
| 31 Mar 22 | 813 | 107 | 36 | 33 |
| 31 Dec 21 | 758 | 104 | 36 | 30 |
| 30 Jun 21 | 723 | 115 | 27 | 27 |
| 31 Mar 21 | 698 | 103 | 31 | 27 |
| 31 Dec 20 | 672 | 90 | 34 | 27 |
| 30 Jun 20 | 599 | 50 | 52 | 25 |
| 31 Mar 20 | 592 | 41 | 50 | 24 |
| 31 Dec 19 | 583 | 32 | 47 | 23 |
| 30 Sep 19 | 583 | 27 | 45 | 23 |
| 30 Jun 19 | 581 | 21 | 43 | 24 |
| 31 Mar 19 | 561 | 24 | 42 | 23 |
| 01 Jan 19 | 541 | 28 | 41 | 22 |
| 01 Oct 18 | 502 | 33 | 38 | 21 |
| 30 Jun 18 | 463 | 39 | 36 | 19 |
| 31 Mar 18 | 454 | 41 | 37 | 19 |
| 31 Dec 17 | 446 | 43 | 39 | 19 |
| 30 Sep 17 | 422 | 39 | 45 | 14 |
| 30 Jun 17 | 397 | 35 | 50 | 9 |
| 31 Mar 17 | 381 | 34 | 52 | 5 |
| 31 Dec 16 | 365 | 32 | 53 | 0 |
| 30 Sep 16 | 364 | 33 | 50 | 0 |
| 30 Jun 16 | 362 | 33 | 47 | 0 |
| 31 Mar 16 | 354 | 29 | 45 | 0 |
| 31 Dec 15 | 345 | 25 | 42 | 0 |
| 31 Dec 14 | 315 | 22 | 38 | 0 |
| 31 Dec 13 | 320 | 29 | 33 | 0 |
Quality Earnings: 301469 has a high level of non-cash earnings.
Growing Profit Margin: 301469's current net profit margins (9.4%) are higher than last year (9.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301469's earnings have grown by 19.9% per year over the past 5 years.
Accelerating Growth: 301469's earnings growth over the past year (3.1%) is below its 5-year average (19.9% per year).
Earnings vs Industry: 301469 earnings growth over the past year (3.1%) did not outperform the Packaging industry 7%.
Return on Equity
High ROE: 301469's Return on Equity (6.3%) is considered low.