Wenling Zhejiang Measuring and Cutting Tools Trading Centre Past Earnings Performance
Past criteria checks 2/6
Wenling Zhejiang Measuring and Cutting Tools Trading Centre has been growing earnings at an average annual rate of 10.4%, while the Real Estate industry saw earnings growing at 1.1% annually. Revenues have been growing at an average rate of 39% per year. Wenling Zhejiang Measuring and Cutting Tools Trading Centre's return on equity is 3.4%, and it has net margins of 28.3%.
Key information
10.4%
Earnings growth rate
2.3%
EPS growth rate
| Real Estate Industry Growth | 2.8% |
| Revenue growth rate | 39.0% |
| Return on equity | 3.4% |
| Net Margin | 28.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Wenling Zhejiang Measuring and Cutting Tools Trading Centre Company Limited's (HKG:1379) 29% Price Boost Is Out Of Tune With Earnings
Jun 19
Wenling Zhejiang Measuring and Cutting Tools Trading Centre's (HKG:1379) Soft Earnings Don't Show The Whole Picture
Apr 28Calculating The Intrinsic Value Of Wenling Zhejiang Measuring and Cutting Tools Trading Centre Company Limited (HKG:1379)
Nov 03Wenling Zhejiang Measuring and Cutting Tools Trading Centre's (HKG:1379) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 26Calculating The Intrinsic Value Of Wenling Zhejiang Measuring and Cutting Tools Trading Centre Company Limited (HKG:1379)
Mar 30Revenue & Expenses Breakdown
How Wenling Zhejiang Measuring and Cutting Tools Trading Centre 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 | 96 | 27 | 11 | 0 |
| 30 Sep 23 | 180 | 44 | 10 | 0 |
| 30 Jun 23 | 263 | 60 | 9 | 0 |
| 31 Mar 23 | 247 | 59 | 11 | 0 |
| 31 Dec 22 | 231 | 58 | 12 | 0 |
| 30 Sep 22 | 144 | 47 | 13 | 0 |
| 30 Jun 22 | 57 | 36 | 14 | 0 |
| 31 Mar 22 | 57 | 42 | 12 | 0 |
| 31 Dec 21 | 57 | 47 | 11 | 0 |
| 30 Sep 21 | 57 | 44 | 11 | 0 |
| 30 Jun 21 | 56 | 42 | 11 | 0 |
| 31 Mar 21 | 51 | 35 | 10 | 0 |
| 31 Dec 20 | 47 | 28 | 8 | 0 |
| 30 Sep 20 | 46 | 28 | 8 | 0 |
| 30 Jun 20 | 45 | 29 | 7 | 0 |
| 31 Mar 20 | 48 | 31 | 7 | 0 |
| 31 Dec 19 | 50 | 32 | 7 | 0 |
| 31 Dec 18 | 47 | 37 | 7 | 0 |
| 31 Dec 17 | 43 | 45 | 5 | 0 |
| 31 Dec 16 | 45 | 47 | 2 | 0 |
| 31 Dec 15 | 25 | 85 | 2 | 0 |
Quality Earnings: 1379 has a large one-off loss of CN¥20.9M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 1379's current net profit margins (28.3%) are higher than last year (24.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1379's earnings have grown by 10.4% per year over the past 5 years.
Accelerating Growth: 1379's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1379 had negative earnings growth (-52.7%) over the past year, making it difficult to compare to the Real Estate industry average (-0.1%).
Return on Equity
High ROE: 1379's Return on Equity (3.4%) is considered low.