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Hit Welding Industry Co (SZSE:301137) Revenue : ¥1,562 Mil (TTM As of Mar. 2024)


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What is Hit Welding Industry Co Revenue?

Hit Welding Industry Co's revenue for the three months ended in Mar. 2024 was ¥316 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,562 Mil. Hit Welding Industry Co's Revenue per Share for the three months ended in Mar. 2024 was ¥1.74. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥8.62.

Warning Sign:

Hit Welding Industry Co Ltd revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Hit Welding Industry Co was -9.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was -4.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 2.60% 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 7 years, Hit Welding Industry Co's highest 3-Year average Revenue per Share Growth Rate was 16.60% per year. The lowest was -4.40% per year. And the median was 8.75% per year.


Hit Welding Industry Co Revenue Historical Data

The historical data trend for Hit Welding Industry 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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Hit Welding Industry Co Revenue Chart

Hit Welding Industry Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial 1,191.01 1,362.74 1,715.58 1,570.94 1,578.60

Hit Welding Industry Co Quarterly Data
Dec17 Dec18 Dec19 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 332.30 425.64 381.03 439.63 315.52

Competitive Comparison of Hit Welding Industry Co's Revenue

For the Specialty Industrial Machinery subindustry, Hit Welding Industry 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.


Hit Welding Industry Co's Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hit Welding Industry Co's Revenue distribution charts can be found below:

* The bar in red indicates where Hit Welding Industry Co's Revenue falls into.



Hit Welding Industry 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 ¥1,562 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.


Hit Welding Industry Co  (SZSE:301137) 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.


Hit Welding Industry Co Revenue Related Terms

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Hit Welding Industry Co (SZSE:301137) Business Description

Traded in Other Exchanges
N/A
Address
Yaoguan Town, Wujin District, Jiangsu Province, Changzhou, CHN, 213102
Hit Welding Industry Co Ltd is engaged in research and development, production and sales of various fusion welding materials. The company manufactures metal welding wire, special electrode, welding accessories, trackless guide permanent magnet wheel crawler type all-position autonomous crawling arc welding robot, hoisting machinery equipment manufacturing, and welding equipment.

Hit Welding Industry Co (SZSE:301137) Headlines

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