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Ningbo Haitian Precision Machinery Co (SHSE:601882) Revenue : ¥3,297 Mil (TTM As of Mar. 2024)


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What is Ningbo Haitian Precision Machinery Co Revenue?

Ningbo Haitian Precision Machinery Co's revenue for the three months ended in Mar. 2024 was ¥756 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was ¥3,297 Mil. Ningbo Haitian Precision Machinery Co's Revenue per Share for the three months ended in Mar. 2024 was ¥1.45. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥6.33.

Warning Sign:

Ningbo Haitian Precision Machinery Co Ltd revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Ningbo Haitian Precision Machinery Co was 1.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 27.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 27.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 13.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Ningbo Haitian Precision Machinery Co's highest 3-Year average Revenue per Share Growth Rate was 38.90% per year. The lowest was 3.20% per year. And the median was 6.05% per year.


Ningbo Haitian Precision Machinery Co Revenue Historical Data

The historical data trend for Ningbo Haitian Precision Machinery Co's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ningbo Haitian Precision Machinery Co Revenue Chart

Ningbo Haitian Precision Machinery Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,164.73 1,632.06 2,730.49 3,177.48 3,323.46

Ningbo Haitian Precision Machinery Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 783.17 912.14 811.96 816.19 756.46

Competitive Comparison of Ningbo Haitian Precision Machinery Co's Revenue

For the Specialty Industrial Machinery subindustry, Ningbo Haitian Precision Machinery Co's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ningbo Haitian Precision Machinery Co's Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Haitian Precision Machinery Co's Revenue distribution charts can be found below:

* The bar in red indicates where Ningbo Haitian Precision Machinery Co's Revenue falls into.



Ningbo Haitian Precision Machinery Co Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥3,297 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ningbo Haitian Precision Machinery Co  (SHSE:601882) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Ningbo Haitian Precision Machinery Co Revenue Related Terms

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Ningbo Haitian Precision Machinery Co (SHSE:601882) Business Description

Traded in Other Exchanges
N/A
Address
235 Huangshan Road, Dagang Industrial Zone, Beilun District, Ningbo, CHN, 315800
Ningbo Haitian Precision Machinery Co Ltd is the manufacturer of machine tools. The company produces a line of machine tools that includes horizontal machining centre series, vertical machining centre series, double-column machining centre series, CNC lathe/turning centre and milling machining centre series and high-speed double-column machining centre series. Its products are mainly used in military, automotive, aerospace, locomotive, energy, shipping and other industry sectors.
Executives
Zhang Hao senior management
Yu Hong Gang senior management
Zhao Wan Yong Directors, senior managers
Tong Yong Hong Supervisors
Wang Huan Wei Directors, senior managers
Chen Yun senior management
Zhou Lu Fang senior management

Ningbo Haitian Precision Machinery Co (SHSE:601882) Headlines

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