CITIC Metal Past Earnings Performance
Past criteria checks 4/6
CITIC Metal has been growing earnings at an average annual rate of 14.2%, while the Trade Distributors industry saw earnings growing at 6.7% annually. Revenues have been growing at an average rate of 11.2% per year. CITIC Metal's return on equity is 10.5%, and it has net margins of 1.8%.
Key information
14.2%
Earnings growth rate
11.8%
EPS growth rate
| Trade Distributors Industry Growth | 9.5% |
| Revenue growth rate | 11.2% |
| Return on equity | 10.5% |
| Net Margin | 1.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Shareholders Shouldn’t Be Too Comfortable With CITIC Metal's (SHSE:601061) Strong Earnings
Nov 04
Here's Why CITIC Metal (SHSE:601061) Can Manage Its Debt Responsibly
Sep 25Returns On Capital At CITIC Metal (SHSE:601061) Have Hit The Brakes
Aug 09CITIC Metal (SHSE:601061) Takes On Some Risk With Its Use Of Debt
May 30CITIC Metal's (SHSE:601061) Problems Go Beyond Weak Profit
Apr 02Revenue & Expenses Breakdown
How CITIC Metal 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 Sep 24 | 125,276 | 2,202 | 516 | 28 |
| 30 Jun 24 | 128,031 | 2,096 | 418 | 29 |
| 31 Mar 24 | 124,097 | 1,669 | 355 | 27 |
| 31 Dec 23 | 124,999 | 2,057 | 406 | 28 |
| 30 Sep 23 | 122,826 | 1,904 | 435 | 28 |
| 30 Jun 23 | 118,021 | 1,707 | 434 | 25 |
| 31 Mar 23 | 121,295 | 2,239 | 529 | 21 |
| 31 Dec 22 | 119,175 | 2,215 | 487 | 21 |
| 30 Sep 22 | 119,472 | 2,020 | 417 | 24 |
| 30 Jun 22 | 119,058 | 1,848 | 446 | 23 |
| 31 Mar 22 | 110,365 | 1,566 | 405 | 20 |
| 31 Dec 21 | 112,816 | 1,823 | 411 | 21 |
| 31 Dec 20 | 76,942 | 1,138 | 325 | 13 |
| 31 Dec 19 | 63,303 | 712 | 350 | 14 |
| 31 Dec 18 | 44,738 | 1,304 | 363 | 13 |
Quality Earnings: 601061 has a high level of non-cash earnings.
Growing Profit Margin: 601061's current net profit margins (1.8%) are higher than last year (1.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 601061's earnings have grown by 14.2% per year over the past 5 years.
Accelerating Growth: 601061's earnings growth over the past year (15.6%) exceeds its 5-year average (14.2% per year).
Earnings vs Industry: 601061 earnings growth over the past year (15.6%) exceeded the Trade Distributors industry -16.9%.
Return on Equity
High ROE: 601061's Return on Equity (10.5%) is considered low.