Chen Nan Iron WireLtd Past Earnings Performance
Past criteria checks 4/6
Chen Nan Iron WireLtd has been growing earnings at an average annual rate of 56%, while the Machinery industry saw earnings growing at 9.9% annually. Revenues have been growing at an average rate of 5% per year. Chen Nan Iron WireLtd's return on equity is 19.6%, and it has net margins of 13.8%.
Key information
56.0%
Earnings growth rate
54.5%
EPS growth rate
| Machinery Industry Growth | 10.0% |
| Revenue growth rate | 5.0% |
| Return on equity | 19.6% |
| Net Margin | 13.8% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
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 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 (13.8%) are higher than last year (9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2071's earnings have grown significantly by 56% per year over the past 5 years.
Accelerating Growth: 2071's earnings growth over the past year (38.8%) is below its 5-year average (56% per year).
Earnings vs Industry: 2071 earnings growth over the past year (38.8%) exceeded the Machinery industry -14.2%.
Return on Equity
High ROE: 2071's Return on Equity (19.6%) is considered low.