China Southern Power Grid Energy Storage Past Earnings Performance
Past criteria checks 2/6
China Southern Power Grid Energy Storage has been growing earnings at an average annual rate of 39.7%, while the Electric Utilities industry saw earnings declining at 3.8% annually. Revenues have been growing at an average rate of 30.9% per year. China Southern Power Grid Energy Storage's return on equity is 4.6%, and it has net margins of 16.6%.
Key information
39.7%
Earnings growth rate
-8.5%
EPS growth rate
| Electric Utilities Industry Growth | 5.9% |
| Revenue growth rate | 30.9% |
| Return on equity | 4.6% |
| Net Margin | 16.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How China Southern Power Grid Energy Storage 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 | 5,546 | 919 | 472 | 25 |
| 31 Dec 23 | 5,630 | 1,014 | 479 | 26 |
| 30 Sep 23 | 5,936 | 1,162 | 475 | 50 |
| 31 Mar 23 | 7,763 | 1,627 | 542 | 59 |
| 31 Dec 22 | 8,261 | 1,663 | 560 | 58 |
| 30 Sep 22 | 13,064 | 2,414 | 971 | 52 |
| 30 Jun 22 | 9,630 | 1,546 | 765 | 33 |
| 31 Mar 22 | 9,609 | 1,566 | 762 | 33 |
| 31 Dec 21 | 8,208 | 1,248 | 681 | 33 |
| 30 Sep 21 | 2,029 | 13 | 121 | 0 |
| 30 Jun 21 | 1,975 | 38 | 115 | 0 |
| 31 Mar 21 | 1,935 | 114 | 113 | 0 |
| 31 Dec 20 | 1,881 | 111 | 107 | 0 |
| 30 Sep 20 | 2,083 | 201 | 113 | 0 |
| 30 Jun 20 | 2,123 | 226 | 119 | 0 |
| 31 Mar 20 | 2,211 | 252 | 131 | 0 |
| 31 Dec 19 | 2,319 | 332 | 138 | 0 |
| 30 Sep 19 | 2,114 | 350 | 167 | 0 |
| 30 Jun 19 | 2,099 | 315 | 191 | 0 |
| 31 Mar 19 | 2,028 | 283 | 217 | 0 |
| 31 Dec 18 | 2,025 | 296 | 229 | 0 |
| 30 Sep 18 | 2,039 | 263 | 225 | 0 |
| 30 Jun 18 | 2,057 | 241 | 219 | 0 |
| 31 Mar 18 | 2,006 | 249 | 211 | 0 |
| 31 Dec 17 | 2,035 | 157 | 211 | 0 |
| 30 Sep 17 | 2,005 | 234 | 191 | 0 |
| 30 Jun 17 | 1,920 | 240 | 197 | 0 |
| 31 Mar 17 | 1,916 | 169 | 194 | 0 |
| 31 Dec 16 | 1,836 | 159 | 196 | 0 |
| 30 Sep 16 | 1,815 | 130 | 216 | 0 |
| 30 Jun 16 | 1,877 | 123 | 208 | 0 |
| 31 Mar 16 | 1,886 | 91 | 239 | 0 |
| 31 Dec 15 | 1,954 | 103 | 240 | 0 |
| 30 Sep 15 | 2,019 | 83 | 239 | 0 |
| 30 Jun 15 | 2,061 | 102 | 247 | 0 |
| 31 Mar 15 | 2,108 | 139 | 209 | 0 |
| 31 Dec 14 | 2,016 | 104 | 207 | 0 |
| 30 Sep 14 | 2,081 | 134 | 210 | 0 |
| 30 Jun 14 | 2,094 | 146 | 214 | 0 |
| 31 Mar 14 | 2,040 | 135 | 226 | 0 |
| 31 Dec 13 | 2,032 | 130 | 229 | 0 |
| 30 Sep 13 | 1,942 | 129 | 208 | 0 |
| 30 Jun 13 | 1,858 | 123 | 209 | 0 |
Quality Earnings: 600995 has high quality earnings.
Growing Profit Margin: 600995's current net profit margins (16.6%) are lower than last year (21%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600995's earnings have grown significantly by 39.7% per year over the past 5 years.
Accelerating Growth: 600995's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600995 had negative earnings growth (-43.5%) over the past year, making it difficult to compare to the Electric Utilities industry average (9%).
Return on Equity
High ROE: 600995's Return on Equity (4.6%) is considered low.