Hongcheng Environmental Technology Past Earnings Performance
Past criteria checks 1/6
Hongcheng Environmental Technology's earnings have been declining at an average annual rate of -19.5%, while the Commercial Services industry saw earnings growing at 3.9% annually. Revenues have been growing at an average rate of 4.2% per year. Hongcheng Environmental Technology's return on equity is 5.6%, and it has net margins of 16.7%.
Key information
-19.5%
Earnings growth rate
-47.0%
EPS growth rate
| Commercial Services Industry Growth | 7.1% |
| Revenue growth rate | 4.2% |
| Return on equity | 5.6% |
| Net Margin | 16.7% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Hongcheng Environmental Technology 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 Jun 24 | 164 | 27 | 44 | 0 |
| 31 Mar 24 | 136 | 22 | 40 | 0 |
| 31 Dec 23 | 108 | 17 | 36 | 0 |
| 30 Sep 23 | 133 | 32 | 35 | 0 |
| 30 Jun 23 | 157 | 46 | 35 | 0 |
| 31 Mar 23 | 190 | 63 | 36 | 0 |
| 31 Dec 22 | 223 | 80 | 37 | 0 |
| 30 Sep 22 | 240 | 87 | 41 | 0 |
| 30 Jun 22 | 257 | 94 | 44 | 0 |
| 31 Mar 22 | 257 | 90 | 44 | 0 |
| 31 Dec 21 | 257 | 86 | 43 | 0 |
| 31 Dec 20 | 205 | 73 | 27 | 0 |
| 31 Dec 19 | 134 | 48 | 17 | 0 |
| 31 Dec 18 | 102 | 31 | 13 | 0 |
Quality Earnings: 2265 has high quality earnings.
Growing Profit Margin: 2265's current net profit margins (16.7%) are lower than last year (29.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2265's earnings have declined by 19.5% per year over the past 5 years.
Accelerating Growth: 2265's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2265 had negative earnings growth (-40.2%) over the past year, making it difficult to compare to the Commercial Services industry average (-8.5%).
Return on Equity
High ROE: 2265's Return on Equity (5.6%) is considered low.