Beijing Beimo High-tech Frictional MaterialLtd Past Earnings Performance
Past criteria checks 3/6
Beijing Beimo High-tech Frictional MaterialLtd has been growing earnings at an average annual rate of 15.2%, while the Aerospace & Defense industry saw earnings growing at 14.9% annually. Revenues have been growing at an average rate of 23.2% per year. Beijing Beimo High-tech Frictional MaterialLtd's return on equity is 8.5%, and it has net margins of 36.6%.
Key information
15.2%
Earnings growth rate
9.1%
EPS growth rate
| Aerospace & Defense Industry Growth | 13.2% |
| Revenue growth rate | 23.2% |
| Return on equity | 8.5% |
| Net Margin | 36.6% |
| Last Earnings Update | 30 Sep 2023 |
Revenue & Expenses BreakdownBeta
How Beijing Beimo High-tech Frictional MaterialLtd 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 23 | 921 | 337 | 90 | 80 |
| 30 Jun 23 | 978 | 352 | 151 | 78 |
| 31 Mar 23 | 944 | 295 | 139 | 90 |
| 31 Dec 22 | 998 | 314 | 133 | 79 |
| 30 Sep 22 | 1,177 | 423 | 143 | 92 |
| 30 Jun 22 | 1,196 | 406 | 169 | 87 |
| 31 Mar 22 | 1,246 | 472 | 154 | 74 |
| 01 Jan 22 | 1,132 | 422 | 159 | 76 |
| 30 Sep 21 | 1,134 | 468 | 126 | 66 |
| 30 Jun 21 | 1,037 | 435 | 144 | 66 |
| 31 Mar 21 | 840 | 363 | 117 | 57 |
| 31 Dec 20 | 687 | 316 | 93 | 50 |
| 30 Sep 20 | 560 | 283 | 65 | 44 |
| 30 Jun 20 | 490 | 260 | 51 | 37 |
| 31 Mar 20 | 439 | 241 | 43 | 33 |
| 31 Dec 19 | 414 | 212 | 50 | 34 |
| 30 Jun 19 | 375 | 172 | 62 | 29 |
| 31 Mar 19 | 353 | 161 | 57 | 30 |
| 31 Dec 18 | 331 | 150 | 53 | 30 |
| 31 Dec 17 | 290 | 104 | 46 | 35 |
| 31 Dec 16 | 215 | 77 | 36 | 29 |
| 31 Dec 15 | 190 | 24 | 86 | 29 |
Quality Earnings: 002985 has high quality earnings.
Growing Profit Margin: 002985's current net profit margins (36.6%) are higher than last year (36%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002985's earnings have grown by 15.2% per year over the past 5 years.
Accelerating Growth: 002985's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002985 had negative earnings growth (-20.4%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (-0.2%).
Return on Equity
High ROE: 002985's Return on Equity (8.5%) is considered low.