Qijing Machinery Past Earnings Performance
Past criteria checks 1/6
Qijing Machinery's earnings have been declining at an average annual rate of -2.2%, while the Electronic industry saw earnings growing at 3.9% annually. Revenues have been growing at an average rate of 3.2% per year. Qijing Machinery's return on equity is 4.9%, and it has net margins of 3%.
Key information
-2.2%
Earnings growth rate
-2.4%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | 3.2% |
| Return on equity | 4.9% |
| Net Margin | 3.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
What Qijing Machinery Co., Ltd.'s (SHSE:603677) 28% Share Price Gain Is Not Telling You
Oct 28
Qijing Machinery (SHSE:603677) Has Some Difficulty Using Its Capital Effectively
Oct 01Qijing Machinery's (SHSE:603677) Profits Appear To Have Quality Issues
Aug 27Some Confidence Is Lacking In Qijing Machinery Co., Ltd.'s (SHSE:603677) P/E
Feb 27Revenue & Expenses Breakdown
How Qijing Machinery 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 |
|---|---|---|---|---|
| 30 Sep 24 | 1,955 | 58 | 110 | 59 |
| 30 Jun 24 | 1,905 | 68 | 107 | 56 |
| 31 Mar 24 | 1,832 | 76 | 107 | 55 |
| 31 Dec 23 | 1,772 | 69 | 105 | 61 |
| 30 Sep 23 | 1,753 | 70 | 97 | 69 |
| 30 Jun 23 | 1,751 | 68 | 98 | 73 |
| 31 Mar 23 | 1,762 | 59 | 89 | 73 |
| 31 Dec 22 | 1,804 | 64 | 91 | 67 |
| 30 Sep 22 | 1,887 | 71 | 85 | 65 |
| 30 Jun 22 | 1,910 | 78 | 85 | 62 |
| 31 Mar 22 | 1,959 | 90 | 87 | 62 |
| 31 Dec 21 | 2,005 | 89 | 88 | 69 |
| 30 Sep 21 | 1,938 | 81 | 72 | 73 |
| 30 Jun 21 | 1,911 | 75 | 74 | 66 |
| 31 Mar 21 | 1,759 | 65 | 73 | 57 |
| 31 Dec 20 | 1,559 | 56 | 63 | 50 |
| 30 Sep 20 | 1,576 | 72 | 83 | 44 |
| 30 Jun 20 | 1,522 | 70 | 79 | 47 |
| 31 Mar 20 | 1,588 | 69 | 84 | 49 |
| 31 Dec 19 | 1,666 | 76 | 90 | 49 |
| 30 Sep 19 | 1,583 | 81 | 81 | 42 |
| 30 Jun 19 | 1,524 | 76 | 84 | 43 |
| 31 Mar 19 | 1,458 | 78 | 82 | 46 |
| 31 Dec 18 | 1,381 | 78 | 84 | 48 |
| 30 Sep 18 | 1,343 | 82 | 86 | 56 |
| 30 Jun 18 | 1,307 | 91 | 63 | 74 |
| 31 Mar 18 | 1,302 | 100 | 74 | 61 |
| 31 Dec 17 | 1,292 | 100 | 81 | 49 |
| 30 Sep 17 | 1,237 | 97 | 92 | 33 |
| 30 Jun 17 | 1,196 | 93 | 115 | 0 |
| 31 Mar 17 | 1,143 | 90 | 104 | 0 |
| 31 Dec 16 | 1,118 | 88 | 103 | 0 |
| 30 Sep 16 | 1,157 | 80 | 105 | 0 |
| 31 Dec 15 | 1,260 | 77 | 99 | 0 |
| 31 Dec 14 | 1,219 | 62 | 85 | 0 |
| 31 Dec 13 | 1,252 | 63 | 78 | 0 |
Quality Earnings: 603677 has high quality earnings.
Growing Profit Margin: 603677's current net profit margins (3%) are lower than last year (4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603677's earnings have declined by 2.2% per year over the past 5 years.
Accelerating Growth: 603677's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603677 had negative earnings growth (-17.3%) over the past year, making it difficult to compare to the Electronic industry average (1.8%).
Return on Equity
High ROE: 603677's Return on Equity (4.9%) is considered low.