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Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) 3-Year Revenue Growth Rate : 2.30% (As of Dec. 2023)


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What is Luoyang Xinqianglian Slewing Bearing Co 3-Year Revenue Growth Rate?

Luoyang Xinqianglian Slewing Bearing Co's Revenue per Share for the three months ended in Dec. 2023 was ¥2.09.

During the past 12 months, Luoyang Xinqianglian Slewing Bearing Co's average Revenue per Share Growth Rate was 4.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was 34.50% 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 the average Revenue per Share growth rate.

During the past 8 years, the highest 3-Year average Revenue per Share Growth Rate of Luoyang Xinqianglian Slewing Bearing Co was 70.20% per year. The lowest was 2.30% per year. And the median was 42.10% per year.


Competitive Comparison of Luoyang Xinqianglian Slewing Bearing Co's 3-Year Revenue Growth Rate

For the Metal Fabrication subindustry, Luoyang Xinqianglian Slewing Bearing Co's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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.


Luoyang Xinqianglian Slewing Bearing Co's 3-Year Revenue Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Luoyang Xinqianglian Slewing Bearing Co's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Luoyang Xinqianglian Slewing Bearing Co's 3-Year Revenue Growth Rate falls into.



Luoyang Xinqianglian Slewing Bearing Co 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

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 the average Revenue per Share growth rate.


Luoyang Xinqianglian Slewing Bearing Co  (SZSE:300850) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

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 per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.


Luoyang Xinqianglian Slewing Bearing Co 3-Year Revenue Growth Rate Related Terms

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Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) Business Description

Traded in Other Exchanges
N/A
Address
Jiuzhou Road, Luoxin Industrial Park, Henan Province, Luoyang, CHN, 471800
Luoyang Xinqianglian Slewing Bearing Co Ltd is engaged in production and sales of large slewing bearings and industrial forgings. The company designs and manufactures slewing bearings; precision bearings; shield machine parts; mid-to-high frequency quenching, bearing roller processing; sales of forgings, castings, and flanges.

Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) Headlines

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