Haitian Water GroupLtd Past Earnings Performance
Past criteria checks 5/6
Haitian Water GroupLtd has been growing earnings at an average annual rate of 8.5%, while the Water Utilities industry saw earnings growing at 1.7% annually. Revenues have been growing at an average rate of 11.5% per year. Haitian Water GroupLtd's return on equity is 8.4%, and it has net margins of 18.6%.
Key information
8.5%
Earnings growth rate
-0.07%
EPS growth rate
| Water Utilities Industry Growth | 7.5% |
| Revenue growth rate | 11.5% |
| Return on equity | 8.4% |
| Net Margin | 18.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Haitian Water 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 | 1,286 | 239 | 242 | 4 |
| 31 Dec 23 | 1,277 | 242 | 239 | 4 |
| 30 Sep 23 | 1,275 | 226 | 213 | 5 |
| 30 Jun 23 | 1,250 | 235 | 198 | 5 |
| 31 Mar 23 | 1,211 | 204 | 183 | 5 |
| 31 Dec 22 | 1,187 | 213 | 169 | 5 |
| 30 Sep 22 | 1,196 | 247 | 169 | 6 |
| 30 Jun 22 | 1,184 | 237 | 166 | 5 |
| 31 Mar 22 | 1,131 | 221 | 157 | 5 |
| 31 Dec 21 | 1,084 | 214 | 147 | 5 |
| 30 Sep 21 | 955 | 195 | 133 | 4 |
| 30 Jun 21 | 916 | 199 | 122 | 4 |
| 31 Mar 21 | 916 | 201 | 116 | 4 |
| 31 Dec 20 | 850 | 175 | 110 | 4 |
| 31 Dec 19 | 681 | 155 | 87 | 4 |
| 31 Dec 18 | 633 | 120 | 93 | 3 |
| 31 Dec 17 | 613 | 74 | 95 | 1 |
| 31 Dec 16 | 449 | 43 | 75 | 2 |
Quality Earnings: 603759 has high quality earnings.
Growing Profit Margin: 603759's current net profit margins (18.6%) are higher than last year (16.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603759's earnings have grown by 8.5% per year over the past 5 years.
Accelerating Growth: 603759's earnings growth over the past year (17%) exceeds its 5-year average (8.5% per year).
Earnings vs Industry: 603759 earnings growth over the past year (17%) exceeded the Water Utilities industry 2.4%.
Return on Equity
High ROE: 603759's Return on Equity (8.4%) is considered low.