Chen Nan Iron WireLtd Past Earnings Performance
Past criteria checks 2/6
Chen Nan Iron WireLtd has been growing earnings at an average annual rate of 43.8%, while the Machinery industry saw earnings growing at 10.6% annually. Revenues have been declining at an average rate of 1.2% per year. Chen Nan Iron WireLtd's return on equity is 8.8%, and it has net margins of 8.4%.
Key information
43.8%
Earnings growth rate
43.1%
EPS growth rate
| Machinery Industry Growth | 10.0% |
| Revenue growth rate | -1.2% |
| Return on equity | 8.8% |
| Net Margin | 8.4% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Chen Nan Iron WireLtd 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 | 1,398 | 117 | 103 | 4 |
| 31 Mar 24 | 1,394 | 124 | 101 | 5 |
| 31 Dec 23 | 1,390 | 132 | 99 | 5 |
| 30 Sep 23 | 1,577 | 188 | 104 | 5 |
| 30 Jun 23 | 1,765 | 244 | 110 | 5 |
| 31 Mar 23 | 1,924 | 270 | 125 | 5 |
| 31 Dec 22 | 2,082 | 295 | 141 | 4 |
| 30 Sep 22 | 2,021 | 236 | 152 | 4 |
| 30 Jun 22 | 1,960 | 176 | 163 | 4 |
| 31 Mar 22 | 1,887 | 154 | 156 | 4 |
| 31 Dec 21 | 1,815 | 131 | 149 | 4 |
| 30 Sep 21 | 1,869 | 99 | 140 | 4 |
| 30 Jun 21 | 1,922 | 67 | 131 | 4 |
| 31 Mar 21 | 1,874 | 11 | 125 | 4 |
| 31 Dec 20 | 1,825 | -45 | 120 | 4 |
| 30 Sep 20 | 1,675 | -45 | 113 | 4 |
| 30 Jun 20 | 1,524 | -44 | 106 | 4 |
| 31 Mar 20 | 1,554 | -25 | 110 | 4 |
| 31 Dec 19 | 1,584 | -5 | 114 | 3 |
| 30 Sep 19 | 1,704 | 18 | 134 | 3 |
| 30 Jun 19 | 1,824 | 41 | 154 | 3 |
| 31 Mar 19 | 1,858 | 65 | 160 | 3 |
| 31 Dec 18 | 1,892 | 90 | 165 | 3 |
| 31 Dec 17 | 1,827 | 20 | 133 | 2 |
| 31 Dec 16 | 1,592 | 43 | 119 | 2 |
Quality Earnings: 2071 has high quality earnings.
Growing Profit Margin: 2071's current net profit margins (8.4%) are lower than last year (13.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2071's earnings have grown significantly by 43.8% per year over the past 5 years.
Accelerating Growth: 2071's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2071 had negative earnings growth (-52%) over the past year, making it difficult to compare to the Machinery industry average (14.6%).
Return on Equity
High ROE: 2071's Return on Equity (8.8%) is considered low.