Qingdao Greensum Ecology Past Earnings Performance
Past criteria checks 1/6
Qingdao Greensum Ecology's earnings have been declining at an average annual rate of -11%, while the Commercial Services industry saw earnings growing at 4.7% annually. Revenues have been growing at an average rate of 10.8% per year. Qingdao Greensum Ecology's return on equity is 2.8%, and it has net margins of 7.4%.
Key information
-11.0%
Earnings growth rate
-69.4%
EPS growth rate
| Commercial Services Industry Growth | 7.0% |
| Revenue growth rate | 10.8% |
| Return on equity | 2.8% |
| Net Margin | 7.4% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses Breakdown
How Qingdao Greensum Ecology 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 | 341 | 25 | 72 | 18 |
| 31 Dec 23 | 377 | 34 | 70 | 17 |
| 30 Sep 23 | 468 | 56 | 62 | 16 |
| 30 Jun 23 | 510 | 56 | 64 | 13 |
| 31 Mar 23 | 491 | 60 | 62 | 17 |
| 01 Jan 23 | 453 | 56 | 60 | 17 |
| 30 Sep 22 | 429 | 69 | 54 | 17 |
| 30 Jun 22 | 392 | 71 | 58 | 19 |
| 31 Mar 22 | 393 | 73 | 62 | 17 |
| 01 Jan 22 | 402 | 78 | 64 | 15 |
| 30 Sep 21 | 316 | 60 | 50 | 15 |
| 30 Jun 21 | 284 | 53 | 40 | 15 |
| 31 Mar 21 | 292 | 64 | 38 | 16 |
| 31 Dec 20 | 292 | 63 | 36 | 15 |
| 30 Sep 20 | 317 | 76 | 57 | 24 |
| 30 Jun 20 | 323 | 81 | 43 | 16 |
| 31 Mar 20 | 257 | 61 | 33 | 12 |
| 31 Dec 19 | 278 | 68 | 31 | 13 |
| 31 Dec 18 | 324 | 57 | 29 | 13 |
| 31 Dec 17 | 191 | 39 | 25 | 10 |
| 31 Dec 16 | 151 | 5 | 24 | 7 |
| 30 Jun 16 | 117 | 16 | 27 | 0 |
| 31 Mar 16 | 107 | 13 | 28 | 0 |
| 31 Dec 15 | 96 | 10 | 28 | 0 |
| 31 Dec 14 | 117 | 12 | 27 | 0 |
| 31 Dec 13 | 155 | 37 | 22 | 0 |
Quality Earnings: 300948 has high quality earnings.
Growing Profit Margin: 300948's current net profit margins (7.4%) are lower than last year (12.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300948's earnings have declined by 11% per year over the past 5 years.
Accelerating Growth: 300948's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 300948 had negative earnings growth (-57.5%) over the past year, making it difficult to compare to the Commercial Services industry average (0.7%).
Return on Equity
High ROE: 300948's Return on Equity (2.8%) is considered low.