Zhejiang Xinzhonggang Thermal Power Past Earnings Performance
Past criteria checks 4/6
Zhejiang Xinzhonggang Thermal Power's earnings have been declining at an average annual rate of -0.8%, while the Electric Utilities industry saw earnings growing at 0.4% annually. Revenues have been growing at an average rate of 11.3% per year. Zhejiang Xinzhonggang Thermal Power's return on equity is 11.9%, and it has net margins of 16.7%.
Key information
-0.8%
Earnings growth rate
-8.6%
EPS growth rate
| Electric Utilities Industry Growth | 5.9% |
| Revenue growth rate | 11.3% |
| Return on equity | 11.9% |
| Net Margin | 16.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Zhejiang Xinzhonggang Thermal Power's (SHSE:605162) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 05
Returns On Capital Signal Tricky Times Ahead For Zhejiang Xinzhonggang Thermal Power (SHSE:605162)
Sep 29Zhejiang Xinzhonggang Thermal Power Co., LTD. (SHSE:605162) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough
Jun 27Solid Earnings May Not Tell The Whole Story For Zhejiang Xinzhonggang Thermal Power (SHSE:605162)
Apr 02Zhejiang Xinzhonggang Thermal Power Co., LTD.'s (SHSE:605162) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Mar 30Capital Allocation Trends At Zhejiang Xinzhonggang Thermal Power (SHSE:605162) Aren't Ideal
Feb 27Revenue & Expenses Breakdown
How Zhejiang Xinzhonggang Thermal Power 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 |
|---|---|---|---|---|
| 30 Sep 24 | 921 | 154 | 40 | 37 |
| 30 Jun 24 | 944 | 168 | 39 | 32 |
| 31 Mar 24 | 980 | 164 | 42 | 28 |
| 31 Dec 23 | 956 | 149 | 41 | 19 |
| 30 Sep 23 | 963 | 106 | 39 | 9 |
| 30 Jun 23 | 941 | 91 | 40 | 10 |
| 31 Mar 23 | 948 | 101 | 34 | 12 |
| 31 Dec 22 | 965 | 116 | 33 | 12 |
| 30 Sep 22 | 940 | 129 | 33 | 10 |
| 30 Jun 22 | 920 | 124 | 37 | 8 |
| 31 Mar 22 | 841 | 119 | 36 | 4 |
| 31 Dec 21 | 771 | 114 | 38 | 0 |
| 30 Sep 21 | 699 | 127 | 39 | 0 |
| 30 Jun 21 | 660 | 154 | 35 | 0 |
| 31 Mar 21 | 591 | 146 | 37 | 0 |
| 31 Dec 20 | 571 | 157 | 36 | 0 |
| 31 Dec 19 | 650 | 156 | 36 | 0 |
| 31 Dec 18 | 619 | 114 | 35 | 0 |
| 31 Dec 17 | 567 | 98 | 33 | 0 |
| 31 Dec 16 | 478 | 69 | 28 | 0 |
Quality Earnings: 605162 has high quality earnings.
Growing Profit Margin: 605162's current net profit margins (16.7%) are higher than last year (11%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 605162's earnings have declined by 0.8% per year over the past 5 years.
Accelerating Growth: 605162's earnings growth over the past year (44.6%) exceeds its 5-year average (-0.8% per year).
Earnings vs Industry: 605162 earnings growth over the past year (44.6%) exceeded the Electric Utilities industry 13%.
Return on Equity
High ROE: 605162's Return on Equity (11.9%) is considered low.