Zhejiang Hechuan Technology Past Earnings Performance
Past criteria checks 0/6
Zhejiang Hechuan Technology's earnings have been declining at an average annual rate of -32.4%, while the Electronic industry saw earnings growing at 3.9% annually. Revenues have been growing at an average rate of 17% per year.
Key information
-32.4%
Earnings growth rate
-37.2%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | 17.0% |
| Return on equity | -7.0% |
| Net Margin | -10.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Zhejiang Hechuan 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 | 875 | -90 | 172 | 170 |
| 30 Jun 24 | 998 | -26 | 161 | 168 |
| 31 Mar 24 | 1,046 | 17 | 159 | 162 |
| 31 Dec 23 | 1,116 | 54 | 155 | 152 |
| 30 Sep 23 | 1,128 | 64 | 145 | 137 |
| 30 Jun 23 | 1,079 | 84 | 134 | 124 |
| 31 Mar 23 | 1,029 | 92 | 121 | 116 |
| 31 Dec 22 | 944 | 90 | 113 | 105 |
| 30 Sep 22 | 909 | 111 | 112 | 99 |
| 30 Jun 22 | 849 | 112 | 100 | 96 |
| 31 Mar 22 | 758 | 102 | 96 | 88 |
| 31 Dec 21 | 751 | 110 | 99 | 87 |
| 31 Dec 20 | 544 | 107 | 63 | 67 |
| 31 Dec 19 | 313 | 48 | 46 | 45 |
| 31 Dec 18 | 283 | 50 | 34 | 32 |
Quality Earnings: 688320 is currently unprofitable.
Growing Profit Margin: 688320 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688320 is unprofitable, and losses have increased over the past 5 years at a rate of 32.4% per year.
Accelerating Growth: Unable to compare 688320's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 688320 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (1.8%).
Return on Equity
High ROE: 688320 has a negative Return on Equity (-6.97%), as it is currently unprofitable.