Zhejiang Viewshine Intelligent MeterLtd Past Earnings Performance
Past criteria checks 0/6
Zhejiang Viewshine Intelligent MeterLtd's earnings have been declining at an average annual rate of -10.6%, while the Electronic industry saw earnings growing at 3.9% annually. Revenues have been growing at an average rate of 1.9% per year. Zhejiang Viewshine Intelligent MeterLtd's return on equity is 3.7%, and it has net margins of 3%.
Key information
-10.6%
Earnings growth rate
-14.8%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | 1.9% |
| Return on equity | 3.7% |
| Net Margin | 3.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Zhejiang Viewshine Intelligent MeterLtd's (SZSE:002849) Soft Earnings Are Actually Better Than They Appear
Nov 06
There May Be Some Bright Spots In Zhejiang Viewshine Intelligent MeterLtd's (SZSE:002849) Earnings
May 01Recent updates
Zhejiang Viewshine Intelligent Meter Co.,Ltd (SZSE:002849) Surges 28% Yet Its Low P/S Is No Reason For Excitement
Nov 24Zhejiang Viewshine Intelligent MeterLtd's (SZSE:002849) Soft Earnings Are Actually Better Than They Appear
Nov 06What Zhejiang Viewshine Intelligent Meter Co.,Ltd's (SZSE:002849) 32% Share Price Gain Is Not Telling You
Sep 29There Are Reasons To Feel Uneasy About Zhejiang Viewshine Intelligent MeterLtd's (SZSE:002849) Returns On Capital
Sep 28There May Be Some Bright Spots In Zhejiang Viewshine Intelligent MeterLtd's (SZSE:002849) Earnings
May 01Zhejiang Viewshine Intelligent MeterLtd (SZSE:002849) Will Want To Turn Around Its Return Trends
Apr 08There's Reason For Concern Over Zhejiang Viewshine Intelligent Meter Co.,Ltd's (SZSE:002849) Massive 30% Price Jump
Mar 07Revenue & Expenses Breakdown
How Zhejiang Viewshine Intelligent MeterLtd 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 | 1,244 | 37 | 268 | 76 |
| 30 Jun 24 | 1,303 | 39 | 271 | 76 |
| 31 Mar 24 | 1,223 | 53 | 269 | 75 |
| 31 Dec 23 | 1,244 | 34 | 257 | 70 |
| 30 Sep 23 | 1,223 | 66 | 244 | 68 |
| 30 Jun 23 | 1,154 | 65 | 229 | 68 |
| 31 Mar 23 | 1,125 | 57 | 213 | 67 |
| 01 Jan 23 | 953 | 59 | 204 | 65 |
| 30 Sep 22 | 945 | 56 | 223 | 60 |
| 30 Jun 22 | 936 | 44 | 227 | 57 |
| 31 Mar 22 | 1,003 | 52 | 230 | 55 |
| 01 Jan 22 | 1,145 | 52 | 225 | 55 |
| 30 Sep 21 | 1,184 | 76 | 194 | 55 |
| 30 Jun 21 | 1,252 | 81 | 191 | 54 |
| 31 Mar 21 | 1,255 | 80 | 186 | 52 |
| 31 Dec 20 | 1,198 | 84 | 187 | 51 |
| 30 Sep 20 | 1,178 | 70 | 201 | 52 |
| 30 Jun 20 | 1,106 | 66 | 196 | 52 |
| 31 Mar 20 | 1,088 | 66 | 192 | 51 |
| 31 Dec 19 | 1,074 | 65 | 190 | 49 |
| 30 Sep 19 | 1,031 | 70 | 187 | 47 |
| 30 Jun 19 | 952 | 69 | 151 | 45 |
| 31 Mar 19 | 877 | 66 | 150 | 43 |
| 31 Dec 18 | 789 | 63 | 131 | 41 |
| 30 Sep 18 | 758 | 67 | 127 | 38 |
| 30 Jun 18 | 681 | 66 | 116 | 48 |
| 31 Mar 18 | 568 | 58 | 96 | 39 |
| 31 Dec 17 | 502 | 53 | 89 | 31 |
| 30 Sep 17 | 436 | 53 | 77 | 21 |
| 30 Jun 17 | 412 | 53 | 86 | 0 |
| 31 Mar 17 | 403 | 54 | 84 | 0 |
| 31 Dec 16 | 390 | 52 | 83 | 0 |
| 31 Dec 15 | 270 | 35 | 67 | 0 |
| 31 Dec 14 | 218 | 31 | 53 | 0 |
| 31 Dec 13 | 145 | 24 | 36 | 0 |
Quality Earnings: 002849 has a large one-off loss of CN¥49.9M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 002849's current net profit margins (3%) are lower than last year (5.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002849's earnings have declined by 10.6% per year over the past 5 years.
Accelerating Growth: 002849's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002849 had negative earnings growth (-43.5%) over the past year, making it difficult to compare to the Electronic industry average (1.8%).
Return on Equity
High ROE: 002849's Return on Equity (3.7%) is considered low.