Qingyan Environmental Technology Past Earnings Performance
Past criteria checks 0/6
Qingyan Environmental Technology's earnings have been declining at an average annual rate of -44%, while the Machinery industry saw earnings growing at 10.4% annually. Revenues have been declining at an average rate of 13.2% per year. Qingyan Environmental Technology's return on equity is 1.2%, and it has net margins of 9.4%.
Key information
-44.0%
Earnings growth rate
-75.5%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | -13.2% |
| Return on equity | 1.2% |
| Net Margin | 9.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Qingyan Environmental Technology 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 | 109 | 10 | 52 | 15 |
| 31 Dec 23 | 142 | 21 | 54 | 14 |
| 30 Sep 23 | 131 | 17 | 48 | 12 |
| 30 Jun 23 | 133 | 22 | 42 | 12 |
| 31 Mar 23 | 126 | 12 | 41 | 13 |
| 01 Jan 23 | 111 | 12 | 36 | 13 |
| 30 Sep 22 | 138 | 25 | 35 | 12 |
| 30 Jun 22 | 158 | 39 | 36 | 12 |
| 31 Mar 22 | 205 | 72 | 32 | 11 |
| 01 Jan 22 | 214 | 71 | 33 | 12 |
| 31 Dec 20 | 182 | 66 | 28 | 9 |
| 31 Dec 19 | 151 | 60 | 19 | 7 |
| 31 Dec 18 | 73 | 30 | 8 | 7 |
Quality Earnings: 301288 has a large one-off gain of CN¥5.9M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 301288's current net profit margins (9.4%) are lower than last year (9.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301288's earnings have declined by 44% per year over the past 5 years.
Accelerating Growth: 301288's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301288 had negative earnings growth (-13.5%) over the past year, making it difficult to compare to the Machinery industry average (2.3%).
Return on Equity
High ROE: 301288's Return on Equity (1.2%) is considered low.