Niutech Environment Technology Past Earnings Performance
Past criteria checks 0/6
Niutech Environment Technology's earnings have been declining at an average annual rate of -43.7%, while the Commercial Services industry saw earnings growing at 5.8% annually. Revenues have been growing at an average rate of 12.4% per year. Niutech Environment Technology's return on equity is 1.3%, and it has net margins of 7.3%.
Key information
-43.7%
Earnings growth rate
-51.5%
EPS growth rate
| Commercial Services Industry Growth | 7.0% |
| Revenue growth rate | 12.4% |
| Return on equity | 1.3% |
| Net Margin | 7.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Niutech Environment 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 | 131 | 10 | 33 | 12 |
| 31 Dec 23 | 164 | 18 | 32 | 12 |
| 30 Sep 23 | 196 | 26 | 58 | 13 |
| 30 Jun 23 | 204 | 30 | 62 | 13 |
| 31 Mar 23 | 175 | 13 | 55 | 12 |
| 31 Dec 22 | 165 | 15 | 46 | 12 |
| 30 Sep 22 | 154 | -5 | 53 | 10 |
| 30 Jun 22 | 121 | -6 | 43 | 10 |
| 31 Mar 22 | 104 | 1 | 39 | 10 |
| 31 Dec 21 | 85 | -9 | 45 | 8 |
| 30 Sep 21 | 99 | 8 | 38 | 9 |
| 30 Jun 21 | 133 | 30 | 27 | 9 |
| 31 Mar 21 | 174 | 43 | 30 | 10 |
| 31 Dec 20 | 175 | 46 | 29 | 10 |
| 30 Sep 20 | 195 | 50 | 29 | 11 |
| 30 Jun 20 | 180 | 49 | 26 | 11 |
| 31 Mar 20 | 239 | 68 | 20 | 11 |
| 31 Dec 19 | 235 | 64 | 19 | 10 |
| 31 Dec 18 | 252 | 79 | 17 | 10 |
| 30 Jun 18 | 134 | 43 | 16 | 1 |
| 31 Mar 18 | 93 | 27 | 16 | 0 |
| 31 Dec 17 | 53 | 12 | 9 | 5 |
| 30 Sep 17 | 55 | 14 | 12 | 3 |
| 30 Jun 17 | 58 | 16 | 12 | 3 |
| 31 Mar 17 | 48 | 11 | 13 | 1 |
| 31 Dec 16 | 38 | 5 | 11 | 4 |
| 30 Sep 16 | 26 | 5 | 13 | 0 |
| 30 Jun 16 | 13 | 3 | 12 | 0 |
| 31 Mar 16 | 13 | 3 | 11 | 0 |
| 31 Dec 15 | 13 | 4 | 11 | 0 |
Quality Earnings: 688309 has a large one-off gain of CN¥6.3M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 688309's current net profit margins (7.3%) are lower than last year (7.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688309's earnings have declined by 43.7% per year over the past 5 years.
Accelerating Growth: 688309's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688309 had negative earnings growth (-28%) over the past year, making it difficult to compare to the Commercial Services industry average (0.8%).
Return on Equity
High ROE: 688309's Return on Equity (1.3%) is considered low.