Ningxia Qinglong Pipes Industry Group Past Earnings Performance
Past criteria checks 0/6
Ningxia Qinglong Pipes Industry Group's earnings have been declining at an average annual rate of -5.4%, while the Construction industry saw earnings growing at 8.3% annually. Revenues have been growing at an average rate of 6.7% per year. Ningxia Qinglong Pipes Industry Group's return on equity is 2%, and it has net margins of 1.2%.
Key information
-5.4%
Earnings growth rate
-5.5%
EPS growth rate
| Construction Industry Growth | 8.6% |
| Revenue growth rate | 6.7% |
| Return on equity | 2.0% |
| Net Margin | 1.2% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Ningxia Qinglong Pipes Industry Group 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 | 2,219 | 26 | 507 | 60 |
| 31 Dec 23 | 2,061 | 25 | 464 | 59 |
| 30 Sep 23 | 2,271 | 93 | 412 | 75 |
| 31 Mar 23 | 2,477 | 168 | 372 | 81 |
| 01 Jan 23 | 2,574 | 168 | 408 | 83 |
| 30 Sep 22 | 2,545 | 144 | 356 | 76 |
| 30 Jun 22 | 2,581 | 144 | 329 | 82 |
| 31 Mar 22 | 2,500 | 135 | 359 | 82 |
| 01 Jan 22 | 2,437 | 143 | 344 | 79 |
| 30 Sep 21 | 2,448 | 218 | 257 | 73 |
| 30 Jun 21 | 2,389 | 228 | 305 | 67 |
| 31 Mar 21 | 2,208 | 208 | 290 | 59 |
| 31 Dec 20 | 2,064 | 167 | 273 | 59 |
| 30 Sep 20 | 1,691 | 88 | 387 | 51 |
| 30 Jun 20 | 1,883 | 111 | 409 | 45 |
| 31 Mar 20 | 1,914 | 121 | 399 | 38 |
| 31 Dec 19 | 1,999 | 157 | 405 | 35 |
| 30 Sep 19 | 2,022 | 140 | 398 | 35 |
| 30 Jun 19 | 1,673 | 95 | 298 | 29 |
| 31 Mar 19 | 1,536 | 86 | 288 | 26 |
| 31 Dec 18 | 1,447 | 74 | 268 | 25 |
| 30 Sep 18 | 1,396 | 127 | 258 | 12 |
| 30 Jun 18 | 1,264 | 68 | 259 | 15 |
| 31 Mar 18 | 1,169 | 15 | 229 | 12 |
| 31 Dec 17 | 1,207 | 19 | 226 | 10 |
| 30 Sep 17 | 933 | -57 | 170 | 8 |
| 30 Jun 17 | 894 | -22 | 176 | 0 |
| 31 Mar 17 | 861 | 16 | 173 | 0 |
| 31 Dec 16 | 825 | 21 | 180 | 0 |
| 30 Sep 16 | 746 | 33 | 216 | 0 |
| 30 Jun 16 | 798 | 33 | 214 | 0 |
| 31 Mar 16 | 803 | 47 | 204 | 0 |
| 31 Dec 15 | 819 | 49 | 194 | 0 |
| 30 Sep 15 | 819 | 19 | 175 | 0 |
| 30 Jun 15 | 806 | 36 | 185 | 0 |
| 31 Mar 15 | 865 | 58 | 181 | 0 |
| 31 Dec 14 | 856 | 58 | 184 | 0 |
| 30 Sep 14 | 1,102 | 99 | 222 | 0 |
| 30 Jun 14 | 1,228 | 114 | 259 | 0 |
| 31 Mar 14 | 1,265 | 116 | 255 | 0 |
| 31 Dec 13 | 1,239 | 113 | 252 | 0 |
| 30 Sep 13 | 1,003 | 79 | 201 | 0 |
| 30 Jun 13 | 852 | 70 | 150 | 0 |
Quality Earnings: 002457 has a large one-off gain of CN¥19.3M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 002457's current net profit margins (1.2%) are lower than last year (6.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002457's earnings have declined by 5.4% per year over the past 5 years.
Accelerating Growth: 002457's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002457 had negative earnings growth (-84.8%) over the past year, making it difficult to compare to the Construction industry average (-3.9%).
Return on Equity
High ROE: 002457's Return on Equity (2%) is considered low.