Hainan Drinda New Energy Technology Past Earnings Performance
Past criteria checks 2/6
Hainan Drinda New Energy Technology has been growing earnings at an average annual rate of 78.9%, while the Semiconductor industry saw earnings growing at 22.9% annually. Revenues have been growing at an average rate of 71.5% per year. Hainan Drinda New Energy Technology's return on equity is 17.3%, and it has net margins of 4.4%.
Key information
78.9%
Earnings growth rate
76.5%
EPS growth rate
| Semiconductor Industry Growth | 27.3% |
| Revenue growth rate | 71.5% |
| Return on equity | 17.3% |
| Net Margin | 4.4% |
| Next Earnings Update | 30 Apr 2024 |
Recent past performance updates
Recent updates
Hainan Drinda New Energy Technology (SZSE:002865) Will Pay A Larger Dividend Than Last Year At CN¥0.7462
Apr 24
Hainan Drinda New Energy Technology Co., Ltd. (SZSE:002865) Might Not Be As Mispriced As It Looks After Plunging 26%
Apr 10Time To Worry? Analysts Are Downgrading Their Hainan Drinda New Energy Technology Co., Ltd. (SZSE:002865) Outlook
Mar 22Hainan Drinda New Energy Technology Co., Ltd.'s (SZSE:002865) Intrinsic Value Is Potentially 46% Above Its Share Price
Feb 29Revenue & Expenses BreakdownBeta
How Hainan Drinda New Energy 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 Dec 23 | 18,657 | 816 | 476 | 304 |
| 30 Sep 23 | 18,547 | 1,945 | 331 | 289 |
| 31 Mar 23 | 13,526 | 1,049 | 166 | 261 |
| 01 Jan 23 | 11,595 | 717 | 170 | 249 |
| 30 Sep 22 | 9,462 | 312 | 160 | 269 |
| 30 Jun 22 | 6,695 | 129 | 139 | 220 |
| 31 Mar 22 | 4,601 | -161 | 173 | 178 |
| 31 Dec 21 | 2,863 | -179 | 153 | 123 |
| 30 Sep 21 | 1,121 | -74 | 127 | 71 |
| 30 Jun 21 | 1,145 | -25 | 152 | 68 |
| 31 Mar 21 | 1,047 | 36 | 118 | 56 |
| 31 Dec 20 | 858 | 14 | 106 | 53 |
| 30 Sep 20 | 884 | 53 | 136 | 48 |
| 30 Jun 20 | 829 | 65 | 125 | 45 |
| 31 Mar 20 | 789 | 31 | 118 | 48 |
| 01 Jan 20 | 827 | 17 | 129 | 48 |
| 30 Sep 19 | 688 | -26 | 112 | 44 |
| 30 Jun 19 | 743 | -28 | 121 | 37 |
| 31 Mar 19 | 776 | -5 | 117 | 36 |
| 31 Dec 18 | 902 | 42 | 130 | 37 |
| 30 Sep 18 | 1,120 | 68 | 124 | 39 |
| 30 Jun 18 | 1,125 | 71 | 115 | 59 |
| 31 Mar 18 | 1,160 | 69 | 143 | 51 |
| 31 Dec 17 | 1,153 | 67 | 142 | 42 |
| 30 Sep 17 | 1,034 | 58 | 156 | 25 |
| 30 Jun 17 | 1,003 | 57 | 169 | 0 |
| 31 Mar 17 | 976 | 58 | 157 | 0 |
| 31 Dec 16 | 922 | 56 | 146 | 0 |
| 31 Dec 15 | 766 | 46 | 116 | 0 |
| 31 Dec 14 | 823 | 56 | 113 | 0 |
| 31 Dec 13 | 722 | 54 | 96 | 0 |
Quality Earnings: 002865 has a high level of non-cash earnings.
Growing Profit Margin: 002865's current net profit margins (4.4%) are lower than last year (6.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002865's earnings have grown significantly by 78.9% per year over the past 5 years.
Accelerating Growth: 002865's earnings growth over the past year (14.5%) is below its 5-year average (78.9% per year).
Earnings vs Industry: 002865 earnings growth over the past year (14.5%) exceeded the Semiconductor industry -6.7%.
Return on Equity
High ROE: 002865's Return on Equity (17.3%) is considered low.