Kale Environment Technology (Shanghai) Past Earnings Performance
Past criteria checks 0/6
Kale Environment Technology (Shanghai)'s earnings have been declining at an average annual rate of -27.4%, while the Machinery industry saw earnings growing at 9.5% annually. Revenues have been growing at an average rate of 5.7% per year. Kale Environment Technology (Shanghai)'s return on equity is 2.5%, and it has net margins of 6%.
Key information
-27.4%
Earnings growth rate
-36.4%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 5.7% |
| Return on equity | 2.5% |
| Net Margin | 6.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Kale Environment Technology (Shanghai) 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 | 377 | 22 | 116 | 20 |
| 31 Dec 23 | 369 | 27 | 108 | 18 |
| 30 Sep 23 | 352 | 33 | 99 | 16 |
| 30 Jun 23 | 341 | 33 | 96 | 15 |
| 31 Mar 23 | 315 | 30 | 86 | 14 |
| 01 Jan 23 | 304 | 30 | 85 | 14 |
| 30 Sep 22 | 313 | 33 | 84 | 16 |
| 30 Jun 22 | 336 | 42 | 81 | 14 |
| 31 Mar 22 | 336 | 46 | 80 | 14 |
| 01 Jan 22 | 343 | 54 | 77 | 14 |
| 30 Sep 21 | 344 | 67 | 67 | 12 |
| 30 Jun 21 | 323 | 71 | 64 | 12 |
| 31 Mar 21 | 263 | 55 | 58 | 11 |
| 31 Dec 20 | 281 | 63 | 58 | 11 |
| 31 Dec 19 | 298 | 66 | 64 | 12 |
| 31 Dec 18 | 266 | 61 | 58 | 10 |
| 31 Dec 17 | 201 | 46 | 37 | 12 |
| 31 Dec 16 | 92 | 27 | 20 | 0 |
| 30 Sep 16 | 79 | 23 | 16 | 0 |
| 30 Jun 16 | 67 | 20 | 12 | 0 |
| 31 Mar 16 | 63 | 19 | 12 | 0 |
| 31 Dec 15 | 60 | 18 | 11 | 0 |
| 30 Sep 15 | 56 | 16 | 11 | 0 |
| 30 Jun 15 | 51 | 14 | 11 | 0 |
| 31 Mar 15 | 51 | 15 | 10 | 0 |
| 31 Dec 14 | 51 | 15 | 10 | 0 |
| 31 Dec 13 | 33 | 5 | 7 | 0 |
Quality Earnings: 301070 has a large one-off gain of CN¥4.9M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 301070's current net profit margins (6%) are lower than last year (9.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301070's earnings have declined by 27.4% per year over the past 5 years.
Accelerating Growth: 301070's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301070 had negative earnings growth (-25.9%) over the past year, making it difficult to compare to the Machinery industry average (4.3%).
Return on Equity
High ROE: 301070's Return on Equity (2.5%) is considered low.