TCL Zhonghuan Renewable Energy TechnologyLtd Past Earnings Performance
Past criteria checks 1/6
TCL Zhonghuan Renewable Energy TechnologyLtd has been growing earnings at an average annual rate of 38.1%, while the Semiconductor industry saw earnings growing at 20.5% annually. Revenues have been growing at an average rate of 32.9% per year. TCL Zhonghuan Renewable Energy TechnologyLtd's return on equity is 0.8%, and it has net margins of 0.6%.
Key information
38.1%
Earnings growth rate
36.1%
EPS growth rate
| Semiconductor Industry Growth | 27.3% |
| Revenue growth rate | 32.9% |
| Return on equity | 0.8% |
| Net Margin | 0.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Downgrade: Here's How Analysts See TCL Zhonghuan Renewable Energy Technology Co.,Ltd. (SZSE:002129) Performing In The Near Term
May 01
Insufficient Growth At TCL Zhonghuan Renewable Energy Technology Co.,Ltd. (SZSE:002129) Hampers Share Price
Apr 04Returns On Capital Are Showing Encouraging Signs At TCL Zhonghuan Renewable Energy TechnologyLtd (SZSE:002129)
Feb 27Revenue & Expenses BreakdownBeta
How TCL Zhonghuan Renewable Energy TechnologyLtd 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 | 51,461 | 283 | 1,868 | 1,354 |
| 31 Dec 23 | 59,146 | 3,416 | 1,794 | 2,125 |
| 30 Sep 23 | 65,819 | 8,006 | 1,381 | 2,508 |
| 30 Jun 23 | 70,210 | 8,438 | 1,332 | 3,019 |
| 31 Mar 23 | 71,261 | 7,761 | 1,316 | 3,384 |
| 01 Jan 23 | 67,010 | 6,819 | 1,229 | 2,920 |
| 30 Sep 22 | 61,861 | 6,263 | 1,444 | 2,808 |
| 30 Jun 22 | 55,159 | 5,428 | 1,345 | 2,356 |
| 31 Mar 22 | 47,010 | 4,799 | 1,277 | 2,008 |
| 01 Jan 22 | 41,105 | 4,030 | 1,199 | 1,859 |
| 30 Sep 21 | 34,769 | 3,010 | 999 | 1,578 |
| 30 Jun 21 | 28,057 | 2,069 | 974 | 1,247 |
| 31 Mar 21 | 22,003 | 1,378 | 834 | 847 |
| 31 Dec 20 | 19,057 | 1,089 | 812 | 619 |
| 30 Sep 20 | 18,248 | 1,048 | 770 | 737 |
| 30 Jun 20 | 17,590 | 990 | 756 | 680 |
| 31 Mar 20 | 17,581 | 968 | 704 | 670 |
| 31 Dec 19 | 16,887 | 904 | 703 | 574 |
| 30 Sep 19 | 16,516 | 908 | 703 | 392 |
| 30 Jun 19 | 15,236 | 784 | 661 | 366 |
| 31 Mar 19 | 14,777 | 695 | 695 | 463 |
| 31 Dec 18 | 13,756 | 632 | 663 | 497 |
| 30 Sep 18 | 12,047 | 557 | 595 | 540 |
| 30 Jun 18 | 11,889 | 611 | 431 | 686 |
| 31 Mar 18 | 10,787 | 605 | 499 | 494 |
| 31 Dec 17 | 9,644 | 585 | 458 | 376 |
| 30 Sep 17 | 8,214 | 504 | 408 | 200 |
| 30 Jun 17 | 7,365 | 425 | 518 | 0 |
| 31 Mar 17 | 6,846 | 403 | 427 | 0 |
| 31 Dec 16 | 6,783 | 402 | 443 | 0 |
| 30 Sep 16 | 6,700 | 402 | 349 | 0 |
| 30 Jun 16 | 6,150 | 360 | 360 | 0 |
| 31 Mar 16 | 5,503 | 271 | 347 | 0 |
| 31 Dec 15 | 5,038 | 202 | 313 | 0 |
| 30 Sep 15 | 5,001 | 182 | 302 | 0 |
| 30 Jun 15 | 4,899 | 155 | 299 | 0 |
| 31 Mar 15 | 4,792 | 133 | 262 | 0 |
| 31 Dec 14 | 4,768 | 132 | 271 | 0 |
| 30 Sep 14 | 4,667 | 127 | 289 | 0 |
| 30 Jun 14 | 4,552 | 114 | 258 | 0 |
| 31 Mar 14 | 4,108 | 95 | 255 | 0 |
| 31 Dec 13 | 3,726 | 72 | 233 | 0 |
| 30 Sep 13 | 3,518 | -55 | 350 | 0 |
| 30 Jun 13 | 2,977 | -80 | 318 | 0 |
Quality Earnings: 002129 has a large one-off loss of CN¥2.3B impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 002129's current net profit margins (0.6%) are lower than last year (10.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002129's earnings have grown significantly by 38.1% per year over the past 5 years.
Accelerating Growth: 002129's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002129 had negative earnings growth (-96.4%) over the past year, making it difficult to compare to the Semiconductor industry average (-6.3%).
Return on Equity
High ROE: 002129's Return on Equity (0.8%) is considered low.