Zhejiang Fuchunjiang Environmental ThermoelectricLTD Past Earnings Performance
Past criteria checks 1/6
Zhejiang Fuchunjiang Environmental ThermoelectricLTD has been growing earnings at an average annual rate of 2.1%, while the Renewable Energy industry saw earnings growing at 8.5% annually. Revenues have been growing at an average rate of 4.9% per year. Zhejiang Fuchunjiang Environmental ThermoelectricLTD's return on equity is 7.2%, and it has net margins of 4.4%.
Key information
2.1%
Earnings growth rate
2.7%
EPS growth rate
| Renewable Energy Industry Growth | 7.2% |
| Revenue growth rate | 4.9% |
| Return on equity | 7.2% |
| Net Margin | 4.4% |
| Next Earnings Update | 22 Aug 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Zhejiang Fuchunjiang Environmental ThermoelectricLTD 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 | 4,497 | 199 | 229 | 163 |
| 31 Dec 23 | 4,441 | 197 | 224 | 161 |
| 30 Sep 23 | 4,494 | 258 | 221 | 158 |
| 30 Jun 23 | 4,572 | 237 | 215 | 158 |
| 31 Mar 23 | 4,692 | 255 | 218 | 154 |
| 01 Jan 23 | 4,791 | 259 | 218 | 155 |
| 30 Sep 22 | 5,022 | 168 | 257 | 145 |
| 30 Jun 22 | 4,976 | 189 | 268 | 144 |
| 31 Mar 22 | 4,763 | 232 | 269 | 142 |
| 01 Jan 22 | 4,577 | 331 | 270 | 137 |
| 30 Sep 21 | 4,409 | 378 | 219 | 139 |
| 30 Jun 21 | 4,618 | 413 | 216 | 133 |
| 31 Mar 21 | 4,748 | 393 | 218 | 119 |
| 31 Dec 20 | 4,656 | 298 | 211 | 110 |
| 30 Sep 20 | 4,700 | 307 | 163 | 100 |
| 30 Jun 20 | 4,381 | 296 | 199 | 88 |
| 31 Mar 20 | 4,127 | 297 | 177 | 86 |
| 31 Dec 19 | 4,116 | 300 | 172 | 80 |
| 30 Sep 19 | 3,614 | 128 | 216 | 70 |
| 30 Jun 19 | 3,325 | 96 | 152 | 70 |
| 31 Mar 19 | 3,111 | 76 | 156 | 63 |
| 31 Dec 18 | 3,018 | 95 | 143 | 64 |
| 30 Sep 18 | 2,958 | 272 | 74 | 91 |
| 30 Jun 18 | 3,000 | 267 | 85 | 72 |
| 31 Mar 18 | 3,187 | 310 | 94 | 58 |
| 31 Dec 17 | 3,324 | 344 | 105 | 45 |
| 30 Sep 17 | 3,313 | 312 | 172 | 0 |
| 30 Jun 17 | 3,099 | 321 | 159 | 0 |
| 31 Mar 17 | 2,832 | 282 | 160 | 0 |
| 31 Dec 16 | 2,699 | 245 | 158 | 0 |
| 30 Sep 16 | 2,481 | 214 | 142 | 0 |
| 30 Jun 16 | 2,603 | 205 | 151 | 0 |
| 31 Mar 16 | 2,719 | 196 | 134 | 0 |
| 31 Dec 15 | 2,877 | 181 | 126 | 0 |
| 30 Sep 15 | 3,235 | 185 | 120 | 0 |
| 30 Jun 15 | 3,610 | 173 | 115 | 0 |
| 31 Mar 15 | 3,760 | 161 | 117 | 0 |
| 31 Dec 14 | 3,730 | 173 | 111 | 0 |
| 30 Sep 14 | 3,593 | 154 | 106 | 0 |
| 30 Jun 14 | 3,207 | 137 | 102 | 0 |
| 31 Mar 14 | 3,228 | 130 | 108 | 0 |
| 31 Dec 13 | 3,168 | 143 | 110 | 0 |
| 30 Sep 13 | 2,929 | 180 | 105 | 0 |
Quality Earnings: 002479 has a large one-off gain of CN¥74.9M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 002479's current net profit margins (4.4%) are lower than last year (5.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002479's earnings have grown by 2.1% per year over the past 5 years.
Accelerating Growth: 002479's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002479 had negative earnings growth (-22.1%) over the past year, making it difficult to compare to the Renewable Energy industry average (4.3%).
Return on Equity
High ROE: 002479's Return on Equity (7.2%) is considered low.