Grandtop Yongxing GroupLtd Past Earnings Performance
Past criteria checks 2/6
Grandtop Yongxing GroupLtd has been growing earnings at an average annual rate of 14.9%, while the Renewable Energy industry saw earnings growing at 9.3% annually. Revenues have been growing at an average rate of 7.2% per year. Grandtop Yongxing GroupLtd's return on equity is 6.9%, and it has net margins of 19.9%.
Key information
14.9%
Earnings growth rate
8.8%
EPS growth rate
| Renewable Energy Industry Growth | 7.2% |
| Revenue growth rate | 7.2% |
| Return on equity | 6.9% |
| Net Margin | 19.9% |
| Next Earnings Update | 31 Aug 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
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 |
| 30 Sep 23 | 3,450 | 705 | 369 | 124 |
| 31 Dec 22 | 3,293 | 715 | 305 | 130 |
| 31 Dec 21 | 2,536 | 677 | 225 | 83 |
| 31 Dec 20 | 1,843 | 346 | 204 | 81 |
Quality Earnings: 601033 has high quality earnings.
Growing Profit Margin: 601033's current net profit margins (19.9%) are lower than last year (21.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 601033's earnings have grown by 14.9% per year over the past 5 years.
Accelerating Growth: 601033's earnings growth over the past year (0.3%) is below its 5-year average (14.9% per year).
Earnings vs Industry: 601033 earnings growth over the past year (0.3%) did not outperform the Renewable Energy industry 4.3%.
Return on Equity
High ROE: 601033's Return on Equity (6.9%) is considered low.