Changzhou Shichuang EnergyLtd Past Earnings Performance
Past criteria checks 1/6
Changzhou Shichuang EnergyLtd has been growing earnings at an average annual rate of 13.2%, while the Semiconductor industry saw earnings growing at 19.6% annually. Revenues have been declining at an average rate of 40.6% per year. Changzhou Shichuang EnergyLtd's return on equity is 2.4%, and it has net margins of 3.9%.
Key information
13.2%
Earnings growth rate
12.3%
EPS growth rate
| Semiconductor Industry Growth | 27.3% |
| Revenue growth rate | -40.6% |
| Return on equity | 2.4% |
| Net Margin | 3.9% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses Breakdown
How Changzhou Shichuang EnergyLtd 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 | 1,400 | 54 | 146 | 169 |
| 31 Dec 23 | 1,731 | 177 | 136 | 163 |
| 30 Sep 23 | 2,041 | 270 | 116 | 156 |
| 30 Jun 23 | 2,285 | 326 | 105 | 139 |
| 31 Mar 23 | 2,356 | 315 | 104 | 127 |
| 31 Dec 22 | 2,395 | 293 | 104 | 120 |
| 31 Dec 21 | 712 | 91 | 108 | 107 |
| 31 Dec 20 | 438 | 142 | 53 | 81 |
| 31 Dec 19 | 345 | 106 | 56 | 77 |
Quality Earnings: 688429 has a high level of non-cash earnings.
Growing Profit Margin: 688429's current net profit margins (3.9%) are lower than last year (13.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688429's earnings have grown by 13.2% per year over the past 5 years.
Accelerating Growth: 688429's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688429 had negative earnings growth (-82.8%) over the past year, making it difficult to compare to the Semiconductor industry average (-6%).
Return on Equity
High ROE: 688429's Return on Equity (2.4%) is considered low.