Zhejiang Shuangyuan Technology Past Earnings Performance
Past criteria checks 0/6
Zhejiang Shuangyuan Technology's earnings have been declining at an average annual rate of -28.4%, while the Electronic industry saw earnings growing at 3.9% annually. Revenues have been declining at an average rate of 19.4% per year. Zhejiang Shuangyuan Technology's return on equity is 4.5%, and it has net margins of 26.4%.
Key information
-28.4%
Earnings growth rate
-42.0%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | -19.4% |
| Return on equity | 4.5% |
| Net Margin | 26.4% |
| Last Earnings Update | 30 Sep 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 |
|---|---|---|---|---|
| 30 Sep 24 | 362 | 96 | 75 | 42 |
| 30 Jun 24 | 379 | 124 | 69 | 39 |
| 31 Mar 24 | 411 | 132 | 68 | 35 |
| 31 Dec 23 | 429 | 133 | 63 | 32 |
| 30 Sep 23 | 449 | 134 | 62 | 26 |
| 30 Jun 23 | 424 | 123 | 56 | 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 (26.4%) are lower than last year (29.8%).
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 had negative earnings growth (-28.4%) over the past year, making it difficult to compare to the Electronic industry average (1.8%).
Return on Equity
High ROE: 688623's Return on Equity (4.5%) is considered low.