Hangzhou Cogeneration Group Past Earnings Performance
Past criteria checks 2/6
Hangzhou Cogeneration Group's earnings have been declining at an average annual rate of -3.1%, while the Electric Utilities industry saw earnings growing at 0.4% annually. Revenues have been growing at an average rate of 10.6% per year. Hangzhou Cogeneration Group's return on equity is 9.8%, and it has net margins of 6.1%.
Key information
-3.1%
Earnings growth rate
-6.1%
EPS growth rate
| Electric Utilities Industry Growth | 5.9% |
| Revenue growth rate | 10.6% |
| Return on equity | 9.8% |
| Net Margin | 6.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Hangzhou Cogeneration Group 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 | 3,602 | 219 | 112 | 65 |
| 30 Jun 24 | 3,447 | 221 | 114 | 40 |
| 31 Mar 24 | 3,278 | 215 | 116 | 24 |
| 31 Dec 23 | 3,290 | 211 | 112 | 10 |
| 30 Sep 23 | 3,249 | 209 | 111 | 1 |
| 30 Jun 23 | 3,332 | 208 | 106 | 1 |
| 31 Mar 23 | 3,596 | 213 | 105 | 1 |
| 31 Dec 22 | 3,629 | 212 | 106 | 2 |
| 30 Sep 22 | 3,700 | 210 | 104 | 2 |
| 30 Jun 22 | 3,608 | 211 | 101 | 2 |
| 31 Mar 22 | 3,364 | 222 | 102 | 2 |
| 31 Dec 21 | 3,183 | 233 | 106 | 2 |
| 30 Sep 21 | 2,750 | 269 | 99 | 2 |
| 30 Jun 21 | 2,567 | 285 | 98 | 3 |
| 31 Mar 21 | 2,259 | 245 | 99 | 3 |
| 31 Dec 20 | 2,088 | 234 | 91 | 3 |
| 31 Dec 19 | 2,002 | 204 | 86 | 3 |
| 31 Dec 18 | 1,945 | 153 | 87 | 3 |
| 31 Dec 17 | 1,645 | 159 | 81 | 1 |
Quality Earnings: 605011 has high quality earnings.
Growing Profit Margin: 605011's current net profit margins (6.1%) are lower than last year (6.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 605011's earnings have declined by 3.1% per year over the past 5 years.
Accelerating Growth: 605011's earnings growth over the past year (4.7%) exceeds its 5-year average (-3.1% per year).
Earnings vs Industry: 605011 earnings growth over the past year (4.7%) did not outperform the Electric Utilities industry 13%.
Return on Equity
High ROE: 605011's Return on Equity (9.8%) is considered low.