Zhejiang Chengchang Technology Past Earnings Performance
Past criteria checks 1/6
Zhejiang Chengchang Technology has been growing earnings at an average annual rate of 4.9%, while the Semiconductor industry saw earnings growing at 20.5% annually. Revenues have been declining at an average rate of 10.3% per year. Zhejiang Chengchang Technology's return on equity is 3.8%, and it has net margins of 19.7%.
Key information
4.9%
Earnings growth rate
-5.0%
EPS growth rate
| Semiconductor Industry Growth | 27.3% |
| Revenue growth rate | -10.3% |
| Return on equity | 3.8% |
| Net Margin | 19.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Zhejiang Chengchang Technology's (SZSE:001270) Dividend Will Be Reduced To CN¥0.20
Apr 29
We Think That There Are More Issues For Zhejiang Chengchang Technology (SZSE:001270) Than Just Sluggish Earnings
Apr 05These Analysts Just Made A Huge Downgrade To Their Zhejiang Chengchang Technology Co., Ltd. (SZSE:001270) EPS Forecasts
Apr 04Earnings Miss: Zhejiang Chengchang Technology Co., Ltd. Missed EPS By 55% And Analysts Are Revising Their Forecasts
Apr 03Revenue & Expenses BreakdownBeta
How Zhejiang Chengchang Technology 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 | 267 | 53 | 55 | 73 |
| 31 Dec 23 | 287 | 80 | 52 | 68 |
| 30 Sep 23 | 322 | 125 | 43 | 58 |
| 30 Jun 23 | 329 | 142 | 42 | 55 |
| 31 Mar 23 | 298 | 134 | 38 | 50 |
| 01 Jan 23 | 278 | 133 | 33 | 43 |
| 30 Sep 22 | 254 | 177 | 23 | 34 |
| 30 Jun 22 | 245 | 169 | 25 | 30 |
| 31 Mar 22 | 191 | 147 | 24 | 29 |
| 01 Jan 22 | 211 | 160 | 25 | 30 |
| 31 Dec 20 | 175 | 45 | 62 | 27 |
| 31 Dec 19 | 133 | 67 | 18 | 9 |
| 31 Dec 18 | 100 | 58 | 15 | 9 |
Quality Earnings: 001270 has a high level of non-cash earnings.
Growing Profit Margin: 001270's current net profit margins (19.7%) are lower than last year (45.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 001270's earnings have grown by 4.9% per year over the past 5 years.
Accelerating Growth: 001270's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 001270 had negative earnings growth (-60.9%) over the past year, making it difficult to compare to the Semiconductor industry average (-6.3%).
Return on Equity
High ROE: 001270's Return on Equity (3.8%) is considered low.