Chongqing Machinery & Electric Past Earnings Performance
Past criteria checks 1/6
Chongqing Machinery & Electric has been growing earnings at an average annual rate of 1%, while the Industrials industry saw earnings declining at 0.6% annually. Revenues have been growing at an average rate of 9.2% per year. Chongqing Machinery & Electric's return on equity is 4.1%, and it has net margins of 3.8%.
Key information
1.0%
Earnings growth rate
0.3%
EPS growth rate
| Industrials Industry Growth | -4.0% |
| Revenue growth rate | 9.2% |
| Return on equity | 4.1% |
| Net Margin | 3.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Chongqing Machinery & Electric (HKG:2722)
Apr 16
Chongqing Machinery & Electric's (HKG:2722) Returns Have Hit A Wall
Nov 16A Look At The Intrinsic Value Of Chongqing Machinery & Electric Co., Ltd. (HKG:2722)
Oct 24Chongqing Machinery & Electric (HKG:2722) Has A Somewhat Strained Balance Sheet
Sep 13Chongqing Machinery & Electric (HKG:2722) Is Making Moderate Use Of Debt
Dec 13Chongqing Machinery & Electric (HKG:2722) Is Doing The Right Things To Multiply Its Share Price
Mar 09Returns At Chongqing Machinery & Electric (HKG:2722) Are On The Way Up
Aug 04Chongqing Machinery & Electric Co., Ltd.'s (HKG:2722) CEO Compensation Looks Acceptable To Us And Here's Why
Jun 17Chongqing Machinery & Electric (HKG:2722) Shareholders Will Want The ROCE Trajectory To Continue
Apr 16Chongqing Machinery & Electric (HKG:2722) Has A Somewhat Strained Balance Sheet
Mar 26Chongqing Machinery & Electric's (HKG:2722) Shareholders Are Down 30% On Their Shares
Feb 06What Is The Ownership Structure Like For Chongqing Machinery & Electric Co., Ltd. (HKG:2722)?
Jan 10How Much Does Chongqing Machinery & Electric's (HKG:2722) CEO Make?
Dec 15Is Chongqing Machinery & Electric (HKG:2722) Using Too Much Debt?
Nov 27Would Shareholders Who Purchased Chongqing Machinery & Electric's(HKG:2722) Stock Five Years Be Happy With The Share price Today?
Jul 12Revenue & Expenses BreakdownBeta
How Chongqing Machinery & Electric 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 Dec 23 | 8,059 | 304 | 1,078 | 407 |
| 30 Sep 23 | 7,823 | 310 | 1,024 | 392 |
| 30 Jun 23 | 7,588 | 316 | 970 | 377 |
| 31 Mar 23 | 7,397 | 313 | 954 | 360 |
| 31 Dec 22 | 7,205 | 310 | 938 | 343 |
| 30 Sep 22 | 7,171 | 322 | 916 | 339 |
| 30 Jun 22 | 7,137 | 334 | 894 | 336 |
| 31 Mar 22 | 7,274 | 315 | 961 | 360 |
| 31 Dec 21 | 7,411 | 297 | 1,029 | 385 |
| 30 Sep 21 | 7,400 | 255 | 1,019 | 399 |
| 30 Jun 21 | 7,389 | 213 | 1,010 | 412 |
| 31 Mar 21 | 6,878 | 198 | 932 | 383 |
| 31 Dec 20 | 6,367 | 183 | 855 | 355 |
| 30 Sep 20 | 6,102 | 156 | 855 | 327 |
| 30 Jun 20 | 5,838 | 130 | 855 | 300 |
| 31 Mar 20 | 5,677 | 157 | 839 | 304 |
| 31 Dec 19 | 5,517 | 185 | 822 | 309 |
| 30 Sep 19 | 5,235 | 282 | 794 | 290 |
| 30 Jun 19 | 4,954 | 380 | 764 | 272 |
| 31 Mar 19 | 5,119 | 412 | 787 | 256 |
| 31 Dec 18 | 5,284 | 444 | 810 | 241 |
| 30 Sep 18 | 6,898 | 397 | 843 | 278 |
| 30 Jun 18 | 8,513 | 350 | 878 | 315 |
| 31 Mar 18 | 8,903 | 334 | 943 | 257 |
| 31 Dec 17 | 9,293 | 317 | 1,008 | 199 |
| 30 Sep 17 | 8,651 | 389 | 1,052 | 99 |
| 30 Jun 17 | 8,010 | 462 | 1,097 | 0 |
| 31 Mar 17 | 8,632 | 451 | 1,079 | 0 |
| 31 Dec 16 | 9,255 | 441 | 1,061 | 0 |
| 30 Sep 16 | 9,354 | 423 | 1,216 | 0 |
| 30 Jun 16 | 9,453 | 405 | 1,371 | 0 |
| 31 Mar 16 | 9,232 | 411 | 1,364 | 0 |
| 31 Dec 15 | 9,010 | 418 | 1,358 | 0 |
| 30 Sep 15 | 9,002 | 462 | 1,225 | 0 |
| 30 Jun 15 | 8,994 | 505 | 1,093 | 0 |
| 31 Mar 15 | 9,240 | 509 | 1,082 | 0 |
| 31 Dec 14 | 9,486 | 512 | 1,070 | 0 |
| 30 Sep 14 | 9,586 | 494 | 1,030 | 0 |
| 30 Jun 14 | 9,686 | 475 | 990 | 0 |
| 31 Mar 14 | 9,693 | 491 | 1,003 | 0 |
| 31 Dec 13 | 9,701 | 507 | 1,016 | 0 |
| 30 Sep 13 | 9,488 | 435 | 1,024 | 0 |
| 30 Jun 13 | 9,274 | 363 | 1,031 | 0 |
Quality Earnings: 2722 has a large one-off gain of CN¥181.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 2722's current net profit margins (3.8%) are lower than last year (4.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2722's earnings have grown by 1% per year over the past 5 years.
Accelerating Growth: 2722's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2722 had negative earnings growth (-2.1%) over the past year, making it difficult to compare to the Industrials industry average (-9.8%).
Return on Equity
High ROE: 2722's Return on Equity (4.1%) is considered low.