Fujian Highton Development Past Earnings Performance
Past criteria checks 1/6
Fujian Highton Development has been growing earnings at an average annual rate of 15.3%, while the Shipping industry saw earnings growing at 15.6% annually. Revenues have been growing at an average rate of 8.5% per year. Fujian Highton Development's return on equity is 5.3%, and it has net margins of 9.1%.
Key information
15.3%
Earnings growth rate
13.3%
EPS growth rate
| Shipping Industry Growth | 23.8% |
| Revenue growth rate | 8.5% |
| Return on equity | 5.3% |
| Net Margin | 9.1% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Fujian Highton Development 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 Mar 24 | 2,169 | 198 | 85 | 0 |
| 31 Dec 23 | 1,705 | 185 | 75 | 0 |
| 30 Sep 23 | 1,639 | 310 | 62 | 0 |
| 30 Jun 23 | 1,858 | 513 | 68 | 0 |
| 31 Mar 23 | 1,999 | 619 | 68 | 0 |
| 31 Dec 22 | 2,046 | 671 | 69 | 0 |
| 31 Dec 21 | 1,598 | 517 | 48 | 0 |
| 31 Dec 20 | 679 | 66 | 26 | 0 |
| 31 Dec 19 | 558 | 103 | 18 | 0 |
| 30 Jun 17 | 359 | 79 | 8 | 0 |
| 31 Mar 17 | 319 | 60 | 8 | 0 |
| 31 Dec 16 | 278 | 41 | 8 | 0 |
| 30 Sep 16 | 222 | 22 | 9 | 0 |
| 30 Jun 16 | 166 | 2 | 10 | 0 |
| 31 Mar 16 | 159 | 1 | 9 | 0 |
| 01 Jan 16 | 152 | 1 | 9 | 0 |
| 01 Oct 15 | 151 | 7 | 7 | 0 |
| 30 Jun 15 | 150 | 13 | 5 | 0 |
| 31 Mar 15 | 141 | 13 | 5 | 0 |
| 31 Dec 14 | 131 | 14 | 4 | 0 |
| 31 Dec 13 | 101 | 13 | 6 | 0 |
Quality Earnings: 603162 has a high level of non-cash earnings.
Growing Profit Margin: 603162's current net profit margins (9.1%) are lower than last year (31%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603162's earnings have grown by 15.3% per year over the past 5 years.
Accelerating Growth: 603162's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603162 had negative earnings growth (-68%) over the past year, making it difficult to compare to the Shipping industry average (-3.5%).
Return on Equity
High ROE: 603162's Return on Equity (5.3%) is considered low.