Minmetals Development Past Earnings Performance
Past criteria checks 1/6
Minmetals Development has been growing earnings at an average annual rate of 34.2%, while the Trade Distributors industry saw earnings growing at 11.3% annually. Revenues have been growing at an average rate of 6.8% per year. Minmetals Development's return on equity is 0.5%, and it has net margins of 0.08%.
Key information
34.2%
Earnings growth rate
37.9%
EPS growth rate
| Trade Distributors Industry Growth | 9.5% |
| Revenue growth rate | 6.8% |
| Return on equity | 0.5% |
| Net Margin | 0.08% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Minmetals Development 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 |
|---|---|---|---|---|
| 31 Mar 24 | 75,457 | 57 | 1,197 | 13 |
| 31 Dec 23 | 78,996 | 199 | 1,245 | 11 |
| 30 Sep 23 | 79,603 | 159 | 1,280 | 25 |
| 30 Jun 23 | 77,839 | 162 | 1,212 | 23 |
| 31 Mar 23 | 80,680 | 242 | 1,287 | 21 |
| 31 Dec 22 | 81,477 | 366 | 1,334 | 20 |
| 30 Sep 22 | 79,180 | 486 | 1,178 | 2 |
| 30 Jun 22 | 82,128 | 560 | 1,186 | 0 |
| 31 Mar 22 | 86,137 | 517 | 1,204 | 0 |
| 31 Dec 21 | 87,508 | 479 | 1,239 | 0 |
| 30 Sep 21 | 84,476 | 374 | 1,246 | 0 |
| 30 Jun 21 | 83,582 | 414 | 1,255 | 0 |
| 31 Mar 21 | 74,998 | 409 | 1,274 | 0 |
| 31 Dec 20 | 67,319 | 269 | 1,199 | 0 |
| 30 Sep 20 | 66,940 | 281 | 1,270 | 0 |
| 30 Jun 20 | 62,924 | 232 | 1,306 | 0 |
| 31 Mar 20 | 59,489 | 101 | 1,264 | 0 |
| 31 Dec 19 | 62,249 | 174 | 1,265 | 0 |
| 30 Sep 19 | 61,061 | -267 | 1,969 | 0 |
| 30 Jun 19 | 58,199 | -563 | 1,807 | 0 |
| 31 Mar 19 | 57,756 | -801 | 1,993 | 0 |
| 31 Dec 18 | 56,530 | -804 | 1,992 | 0 |
| 30 Sep 18 | 55,946 | -399 | 1,723 | 0 |
| 30 Jun 18 | 56,784 | -134 | 1,651 | 0 |
| 31 Mar 18 | 58,328 | 48 | 1,766 | 0 |
| 31 Dec 17 | 59,020 | 35 | 1,754 | 0 |
| 30 Sep 17 | 55,752 | 37 | 1,556 | 0 |
| 30 Jun 17 | 51,674 | -65 | 1,794 | 0 |
| 31 Mar 17 | 45,283 | -123 | 1,505 | 0 |
| 31 Dec 16 | 40,727 | 29 | 1,513 | 0 |
| 30 Sep 16 | 36,532 | -3,002 | 3,351 | 0 |
| 30 Jun 16 | 43,285 | -3,547 | 3,543 | 0 |
| 31 Mar 16 | 52,223 | -3,694 | 3,744 | 0 |
| 31 Dec 15 | 61,986 | -3,953 | 3,943 | 0 |
| 30 Sep 15 | 78,025 | -887 | 1,977 | 0 |
| 30 Jun 15 | 100,388 | -109 | 2,015 | 0 |
| 31 Mar 15 | 114,589 | 69 | 1,980 | 0 |
| 31 Dec 14 | 134,559 | 210 | 1,927 | 0 |
| 30 Sep 14 | 182,121 | 225 | 1,797 | 0 |
| 30 Jun 14 | 196,020 | 115 | 2,026 | 0 |
| 31 Mar 14 | 207,860 | 216 | 1,796 | 0 |
| 31 Dec 13 | 203,259 | 280 | 1,817 | 0 |
| 30 Sep 13 | 172,684 | 353 | 1,692 | 0 |
| 30 Jun 13 | 155,033 | 76 | 1,488 | 0 |
Quality Earnings: 600058 has a high level of non-cash earnings.
Growing Profit Margin: 600058's current net profit margins (0.08%) are lower than last year (0.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600058 has become profitable over the past 5 years, growing earnings by 34.2% per year.
Accelerating Growth: 600058's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600058 had negative earnings growth (-76.5%) over the past year, making it difficult to compare to the Trade Distributors industry average (-6.1%).
Return on Equity
High ROE: 600058's Return on Equity (0.5%) is considered low.