Ningbo Shimao EnergyLtd Past Earnings Performance
Past criteria checks 2/6
Ningbo Shimao EnergyLtd has been growing earnings at an average annual rate of 19.3%, while the Water Utilities industry saw earnings growing at 1.7% annually. Revenues have been growing at an average rate of 3.5% per year. Ningbo Shimao EnergyLtd's return on equity is 13.7%, and it has net margins of 49.7%.
Key information
19.3%
Earnings growth rate
11.0%
EPS growth rate
| Water Utilities Industry Growth | 7.5% |
| Revenue growth rate | 3.5% |
| Return on equity | 13.7% |
| Net Margin | 49.7% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Ningbo Shimao EnergyLtd 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 | 367 | 182 | 19 | 13 |
| 31 Dec 23 | 361 | 188 | 18 | 13 |
| 30 Sep 23 | 408 | 204 | 17 | 15 |
| 30 Jun 23 | 420 | 210 | 21 | 15 |
| 31 Mar 23 | 434 | 202 | 29 | 14 |
| 31 Dec 22 | 442 | 206 | 30 | 15 |
| 30 Sep 22 | 414 | 193 | 24 | 14 |
| 30 Jun 22 | 412 | 188 | 25 | 14 |
| 31 Mar 22 | 401 | 184 | 22 | 13 |
| 31 Dec 21 | 395 | 175 | 22 | 13 |
| 30 Sep 21 | 368 | 185 | 31 | 12 |
| 30 Jun 21 | 347 | 163 | 20 | 11 |
| 31 Mar 21 | 329 | 142 | 22 | 11 |
| 31 Dec 20 | 299 | 121 | 16 | 10 |
| 30 Sep 20 | 295 | 87 | 37 | 9 |
| 30 Jun 20 | 279 | 87 | 27 | 10 |
| 31 Mar 20 | 263 | 81 | 30 | 9 |
| 31 Dec 19 | 264 | 86 | 28 | 9 |
| 31 Dec 18 | 253 | 61 | 25 | 8 |
| 31 Dec 17 | 219 | 55 | 13 | 10 |
| 31 Dec 16 | 197 | 63 | 12 | 6 |
Quality Earnings: 605028 has a high level of non-cash earnings.
Growing Profit Margin: 605028's current net profit margins (49.7%) are higher than last year (46.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 605028's earnings have grown by 19.3% per year over the past 5 years.
Accelerating Growth: 605028's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 605028 had negative earnings growth (-9.6%) over the past year, making it difficult to compare to the Water Utilities industry average (2.8%).
Return on Equity
High ROE: 605028's Return on Equity (13.7%) is considered low.