Huagong Tech Past Earnings Performance
Past criteria checks 2/6
Huagong Tech has been growing earnings at an average annual rate of 17.6%, while the Electronic industry saw earnings growing at 3.9% annually. Revenues have been growing at an average rate of 15.4% per year. Huagong Tech's return on equity is 11.2%, and it has net margins of 9.5%.
Key information
17.6%
Earnings growth rate
17.6%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | 15.4% |
| Return on equity | 11.2% |
| Net Margin | 9.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
We Like These Underlying Return On Capital Trends At Huagong Tech (SZSE:000988)
Nov 22
Concerns Surrounding Huagong Tech's (SZSE:000988) Performance
Oct 31Huagong Tech Company Limited (SZSE:000988) Might Not Be As Mispriced As It Looks
Sep 29Huagong Tech (SZSE:000988) Shareholders Will Want The ROCE Trajectory To Continue
Aug 05Huagong Tech (SZSE:000988) Seems To Use Debt Quite Sensibly
Jun 28Getting In Cheap On Huagong Tech Company Limited (SZSE:000988) Might Be Difficult
Jun 10Is Huagong Tech Company Limited (SZSE:000988) Expensive For A Reason? A Look At Its Intrinsic Value
May 24Huagong Tech (SZSE:000988) Is Doing The Right Things To Multiply Its Share Price
Apr 25Huagong Tech's (SZSE:000988) Solid Earnings May Rest On Weak Foundations
Apr 03Analysts Have Just Cut Their Huagong Tech Company Limited (SZSE:000988) Revenue Estimates By 11%
Apr 01Huagong Tech Company Limited Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
Mar 30Huagong Tech Company Limited (SZSE:000988) Stock Rockets 31% As Investors Are Less Pessimistic Than Expected
Mar 01Huagong Tech (SZSE:000988) Seems To Use Debt Rather Sparingly
Feb 29Revenue & Expenses Breakdown
How Huagong Tech 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 | 11,917 | 1,131 | 975 | 816 |
| 30 Jun 24 | 10,385 | 1,050 | 965 | 811 |
| 31 Mar 24 | 9,714 | 989 | 1,002 | 761 |
| 31 Dec 23 | 10,208 | 1,007 | 996 | 750 |
| 30 Sep 23 | 10,454 | 998 | 1,007 | 665 |
| 30 Jun 23 | 10,817 | 924 | 1,036 | 621 |
| 31 Mar 23 | 11,818 | 988 | 1,051 | 590 |
| 01 Jan 23 | 12,011 | 906 | 1,075 | 566 |
| 30 Sep 22 | 11,649 | 682 | 1,087 | 509 |
| 30 Jun 22 | 11,746 | 975 | 1,080 | 479 |
| 31 Mar 22 | 11,236 | 873 | 1,038 | 431 |
| 01 Jan 22 | 10,167 | 761 | 993 | 407 |
| 30 Sep 21 | 8,996 | 865 | 843 | 387 |
| 30 Jun 21 | 8,032 | 558 | 808 | 358 |
| 31 Mar 21 | 7,167 | 676 | 812 | 359 |
| 31 Dec 20 | 6,138 | 550 | 760 | 331 |
| 30 Sep 20 | 6,092 | 527 | 821 | 296 |
| 30 Jun 20 | 5,650 | 513 | 790 | 294 |
| 31 Mar 20 | 5,068 | 391 | 749 | 285 |
| 31 Dec 19 | 5,460 | 503 | 785 | 289 |
| 30 Sep 19 | 5,083 | 490 | 747 | 272 |
| 30 Jun 19 | 5,046 | 434 | 730 | 263 |
| 31 Mar 19 | 5,120 | 323 | 765 | 248 |
| 31 Dec 18 | 5,233 | 284 | 771 | 229 |
| 30 Sep 18 | 5,215 | 326 | 731 | 233 |
| 30 Jun 18 | 5,191 | 329 | 630 | 287 |
| 31 Mar 18 | 4,818 | 330 | 624 | 232 |
| 31 Dec 17 | 4,481 | 324 | 601 | 196 |
| 30 Sep 17 | 4,156 | 317 | 587 | 123 |
| 30 Jun 17 | 3,701 | 289 | 676 | 0 |
| 31 Mar 17 | 3,471 | 240 | 618 | 0 |
| 31 Dec 16 | 3,314 | 230 | 603 | 0 |
| 30 Sep 16 | 3,156 | 209 | 574 | 0 |
| 30 Jun 16 | 3,003 | 179 | 554 | 0 |
| 31 Mar 16 | 2,806 | 167 | 542 | 0 |
| 31 Dec 15 | 2,620 | 151 | 516 | 0 |
| 30 Sep 15 | 2,500 | 130 | 471 | 0 |
| 30 Jun 15 | 2,489 | 202 | 450 | 0 |
| 31 Mar 15 | 2,420 | 177 | 430 | 0 |
| 31 Dec 14 | 2,353 | 168 | 414 | 0 |
| 30 Sep 14 | 2,282 | 108 | 435 | 0 |
| 30 Jun 14 | 2,049 | 85 | 434 | 0 |
| 31 Mar 14 | 1,903 | 63 | 418 | 0 |
| 31 Dec 13 | 1,777 | 53 | 409 | 0 |
Quality Earnings: 000988 has a large one-off gain of CN¥304.0M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 000988's current net profit margins (9.5%) are lower than last year (9.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 000988's earnings have grown by 17.6% per year over the past 5 years.
Accelerating Growth: 000988's earnings growth over the past year (13.3%) is below its 5-year average (17.6% per year).
Earnings vs Industry: 000988 earnings growth over the past year (13.3%) exceeded the Electronic industry 1.9%.
Return on Equity
High ROE: 000988's Return on Equity (11.2%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 21:09 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Huagong Tech Company Limited is covered by 19 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wen Yu Mo | Changjiang Securities Co. LTD. |
| Liangbi Zhao | China Galaxy Securities Co., Ltd. |
| You You Liu | China Stock Investment Research Co. Ltd. (GZ500..com) |