Zhejiang Hechuan Technology Past Earnings Performance
Past criteria checks 1/6
Zhejiang Hechuan Technology's earnings have been declining at an average annual rate of -9.3%, while the Electronic industry saw earnings growing at 6.3% annually. Revenues have been growing at an average rate of 2.8% per year. Zhejiang Hechuan Technology's return on equity is 1%, and it has net margins of 1.6%.
Key information
-9.3%
Earnings growth rate
-17.0%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | 2.8% |
| Return on equity | 1.0% |
| Net Margin | 1.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Analysts Just Slashed Their Zhejiang Hechuan Technology Co., Ltd. (SHSE:688320) EPS Numbers
Apr 30
Zhejiang Hechuan Technology Co., Ltd.'s (SHSE:688320) 28% Cheaper Price Remains In Tune With Earnings
Apr 17Here's Why Zhejiang Hechuan Technology (SHSE:688320) Has A Meaningful Debt Burden
Mar 25Zhejiang Hechuan Technology Co., Ltd.'s (SHSE:688320) 25% Price Boost Is Out Of Tune With Revenues
Mar 03Analysts Just Slashed Their Zhejiang Hechuan Technology Co., Ltd. (SHSE:688320) EPS Numbers
Feb 28Revenue & Expenses BreakdownBeta
How Zhejiang Hechuan 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 | 1,057 | 17 | 10 | 10 |
| 31 Dec 23 | 1,127 | 53 | 0 | 0 |
| 30 Sep 23 | 1,128 | 64 | 145 | 137 |
| 30 Jun 23 | 1,079 | 84 | 134 | 124 |
| 31 Mar 23 | 1,029 | 92 | 121 | 116 |
| 31 Dec 22 | 944 | 90 | 113 | 105 |
| 30 Sep 22 | 909 | 111 | 112 | 99 |
| 30 Jun 22 | 849 | 112 | 100 | 96 |
| 31 Mar 22 | 758 | 102 | 96 | 88 |
| 31 Dec 21 | 751 | 110 | 99 | 87 |
| 31 Dec 20 | 544 | 107 | 63 | 67 |
| 31 Dec 19 | 313 | 48 | 46 | 45 |
| 31 Dec 18 | 283 | 50 | 34 | 32 |
Quality Earnings: 688320 has high quality earnings.
Growing Profit Margin: 688320's current net profit margins (1.6%) are lower than last year (8.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688320's earnings have declined by 9.3% per year over the past 5 years.
Accelerating Growth: 688320's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688320 had negative earnings growth (-81.7%) over the past year, making it difficult to compare to the Electronic industry average (-8.2%).
Return on Equity
High ROE: 688320's Return on Equity (1%) is considered low.