Gresgying Digital Energy TechnologyLtd Past Earnings Performance
Past criteria checks 2/6
Gresgying Digital Energy TechnologyLtd has been growing earnings at an average annual rate of 50.9%, while the Renewable Energy industry saw earnings growing at 8.5% annually. Revenues have been growing at an average rate of 18.5% per year. Gresgying Digital Energy TechnologyLtd's return on equity is 1.8%, and it has net margins of 1.5%.
Key information
50.9%
Earnings growth rate
51.0%
EPS growth rate
| Renewable Energy Industry Growth | 7.2% |
| Revenue growth rate | 18.5% |
| Return on equity | 1.8% |
| Net Margin | 1.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Gresgying Digital Energy 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 Mar 24 | 705 | 11 | 150 | 33 |
| 31 Dec 23 | 650 | 17 | 137 | 28 |
| 30 Sep 23 | 567 | -72 | 142 | 25 |
| 30 Jun 23 | 421 | -92 | 121 | 19 |
| 31 Mar 23 | 341 | -90 | 111 | 16 |
| 31 Dec 22 | 286 | -97 | 102 | 13 |
| 30 Sep 22 | 237 | -34 | 78 | 7 |
| 30 Jun 22 | 241 | -24 | 63 | 5 |
| 31 Mar 22 | 225 | -29 | 53 | 1 |
| 31 Dec 21 | 243 | -20 | 48 | 0 |
| 30 Sep 21 | 242 | 12 | 30 | 0 |
| 30 Jun 21 | 245 | 16 | 27 | 0 |
| 31 Mar 21 | 253 | 15 | 27 | 0 |
| 31 Dec 20 | 277 | 20 | 28 | 0 |
| 30 Sep 20 | 284 | -115 | 48 | 0 |
| 30 Jun 20 | 284 | -201 | 46 | 0 |
| 31 Mar 20 | 285 | -305 | 47 | 0 |
| 31 Dec 19 | 261 | -352 | 45 | 0 |
| 30 Sep 19 | 264 | -373 | 129 | 0 |
| 30 Jun 19 | 264 | -306 | 130 | 0 |
| 31 Mar 19 | 250 | -213 | 129 | 0 |
| 31 Dec 18 | 245 | -172 | 130 | 0 |
| 30 Sep 18 | 234 | -40 | 43 | 0 |
| 30 Jun 18 | 235 | -12 | 45 | 0 |
| 31 Mar 18 | 237 | 8 | 42 | 0 |
| 31 Dec 17 | 252 | 13 | 40 | 0 |
| 30 Sep 17 | 255 | 42 | 29 | 0 |
| 30 Jun 17 | 261 | 45 | 27 | 0 |
| 31 Mar 17 | 276 | 63 | 30 | 0 |
| 31 Dec 16 | 262 | 45 | 33 | 0 |
| 30 Sep 16 | 247 | -76 | 107 | 0 |
| 30 Jun 16 | 220 | -97 | 107 | 0 |
| 31 Mar 16 | 221 | -341 | 121 | 0 |
| 31 Dec 15 | 272 | -340 | 132 | 0 |
| 30 Sep 15 | 370 | -244 | 66 | 0 |
| 30 Jun 15 | 486 | -234 | 58 | 0 |
| 31 Mar 15 | 597 | -28 | 56 | 0 |
| 31 Dec 14 | 666 | -17 | 45 | 0 |
| 30 Sep 14 | 686 | 10 | 33 | 0 |
| 30 Jun 14 | 730 | 13 | 48 | 0 |
| 31 Mar 14 | 716 | 22 | 35 | 0 |
| 31 Dec 13 | 681 | 21 | 36 | 0 |
| 30 Sep 13 | 729 | -26 | 42 | 0 |
| 30 Jun 13 | 722 | -48 | 42 | 0 |
Quality Earnings: 600212 has a high level of non-cash earnings.
Growing Profit Margin: 600212 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600212 has become profitable over the past 5 years, growing earnings by 50.9% per year.
Accelerating Growth: 600212 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 600212 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Renewable Energy industry (4.9%).
Return on Equity
High ROE: 600212's Return on Equity (1.8%) is considered low.