Zhejiang Shuangyuan Technology Past Earnings Performance
Past criteria checks 2/6
Zhejiang Shuangyuan Technology has been growing earnings at an average annual rate of 17.7%, while the Electronic industry saw earnings growing at 6.4% annually. Revenues have been declining at an average rate of 0.9% per year. Zhejiang Shuangyuan Technology's return on equity is 6%, and it has net margins of 32.1%.
Key information
17.7%
Earnings growth rate
-6.2%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | -0.9% |
| Return on equity | 6.0% |
| Net Margin | 32.1% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses Breakdown
How Zhejiang Shuangyuan 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 | 411 | 132 | 68 | 35 |
| 31 Dec 23 | 429 | 133 | 63 | 32 |
| 30 Sep 23 | 449 | 134 | 61 | 26 |
| 30 Jun 23 | 424 | 123 | 55 | 25 |
| 31 Mar 23 | 415 | 112 | 50 | 26 |
| 31 Dec 22 | 372 | 96 | 47 | 26 |
Quality Earnings: 688623 has a high level of non-cash earnings.
Growing Profit Margin: 688623's current net profit margins (32.1%) are higher than last year (27%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if 688623's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare 688623's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: 688623 earnings growth over the past year (17.7%) exceeded the Electronic industry -7.7%.
Return on Equity
High ROE: 688623's Return on Equity (6%) is considered low.