Zhejiang Top Cloud-agri TechnologyLtd Past Earnings Performance
Past criteria checks 3/6
Zhejiang Top Cloud-agri TechnologyLtd has been growing earnings at an average annual rate of 27.8%, while the Electronic industry saw earnings growing at 5% annually. Revenues have been growing at an average rate of 17.5% per year. Zhejiang Top Cloud-agri TechnologyLtd's return on equity is 19.6%, and it has net margins of 25%.
Key information
27.8%
Earnings growth rate
26.7%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | 17.5% |
| Return on equity | 19.6% |
| Net Margin | 25.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Zhejiang Top Cloud-agri TechnologyLtd 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 Dec 23 | 459 | 115 | 95 | 49 |
| 31 Dec 22 | 375 | 93 | 79 | 43 |
| 31 Dec 21 | 332 | 73 | 73 | 38 |
| 31 Dec 20 | 265 | 63 | 65 | 27 |
| 31 Dec 19 | 228 | 27 | 81 | 26 |
| 30 Jun 18 | 153 | 38 | 49 | 0 |
| 31 Mar 18 | 144 | 36 | 48 | 0 |
| 31 Dec 17 | 134 | 34 | 47 | 0 |
| 30 Sep 17 | 128 | 30 | 40 | 7 |
| 30 Jun 17 | 122 | 26 | 40 | 7 |
| 31 Mar 17 | 118 | 24 | 40 | 4 |
| 31 Dec 16 | 114 | 22 | 41 | 0 |
| 30 Sep 16 | 110 | 20 | 39 | 0 |
| 30 Jun 16 | 106 | 18 | 38 | 0 |
| 31 Mar 16 | 103 | 18 | 37 | 0 |
| 31 Dec 15 | 101 | 18 | 37 | 0 |
| 31 Dec 14 | 130 | 30 | 27 | 0 |
| 31 Dec 13 | 124 | 28 | 20 | 0 |
Quality Earnings: 301556 has a high level of non-cash earnings.
Growing Profit Margin: 301556's current net profit margins (25%) are higher than last year (24.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301556's earnings have grown significantly by 27.8% per year over the past 5 years.
Accelerating Growth: 301556's earnings growth over the past year (24.1%) is below its 5-year average (27.8% per year).
Earnings vs Industry: 301556 earnings growth over the past year (24.1%) exceeded the Electronic industry -3.4%.
Return on Equity
High ROE: 301556's Return on Equity (19.6%) is considered low.