Grandtop Yongxing GroupLtd Past Earnings Performance
Past criteria checks 1/6
Grandtop Yongxing GroupLtd's earnings have been declining at an average annual rate of -0.9%, while the Renewable Energy industry saw earnings growing at 6.8% annually. Revenues have been growing at an average rate of 6.9% per year. Grandtop Yongxing GroupLtd's return on equity is 6.9%, and it has net margins of 19.9%.
Key information
-0.9%
Earnings growth rate
-4.5%
EPS growth rate
| Renewable Energy Industry Growth | 7.2% |
| Revenue growth rate | 6.9% |
| Return on equity | 6.9% |
| Net Margin | 19.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Grandtop Yongxing GroupLtd 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 | 3,585 | 714 | 337 | 128 |
| 31 Dec 23 | 3,536 | 735 | 355 | 128 |
| 31 Dec 22 | 3,293 | 715 | 305 | 130 |
Quality Earnings: 601033 has high quality earnings.
Growing Profit Margin: 601033's current net profit margins (19.9%) are lower than last year (21.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if 601033's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare 601033's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: 601033 had negative earnings growth (-0.9%) over the past year, making it difficult to compare to the Renewable Energy industry average (5.4%).
Return on Equity
High ROE: 601033's Return on Equity (6.9%) is considered low.