Zhejiang Chinastars New Materials Group Past Earnings Performance
Past criteria checks 4/6
Zhejiang Chinastars New Materials Group has been growing earnings at an average annual rate of 1.3%, while the Luxury industry saw earnings growing at 0.4% annually. Revenues have been declining at an average rate of 2.2% per year. Zhejiang Chinastars New Materials Group's return on equity is 9%, and it has net margins of 15.9%.
Key information
1.3%
Earnings growth rate
-7.7%
EPS growth rate
| Luxury Industry Growth | 2.8% |
| Revenue growth rate | -2.2% |
| Return on equity | 9.0% |
| Net Margin | 15.9% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Zhejiang Chinastars New Materials Group 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 | 712 | 113 | 62 | 40 |
| 31 Dec 23 | 698 | 97 | 61 | 43 |
| 30 Sep 23 | 695 | 95 | 59 | 44 |
| 30 Jun 23 | 710 | 95 | 54 | 46 |
| 31 Mar 23 | 723 | 91 | 52 | 48 |
| 31 Dec 22 | 733 | 98 | 50 | 48 |
| 30 Sep 22 | 771 | 96 | 53 | 49 |
| 30 Jun 22 | 779 | 135 | 55 | 48 |
| 31 Mar 22 | 794 | 135 | 54 | 45 |
| 01 Jan 22 | 792 | 135 | 54 | 46 |
| 30 Sep 21 | 772 | 139 | 49 | 45 |
| 30 Jun 21 | 750 | 106 | 45 | 43 |
| 31 Mar 21 | 670 | 102 | 40 | 37 |
| 31 Dec 20 | 622 | 98 | 36 | 32 |
| 31 Dec 19 | 539 | 65 | 46 | 31 |
| 31 Dec 18 | 463 | 37 | 39 | 24 |
| 31 Dec 17 | 330 | 21 | 32 | 15 |
| 30 Jun 17 | 303 | 34 | 46 | 0 |
| 31 Mar 17 | 288 | 33 | 44 | 0 |
| 31 Dec 16 | 273 | 32 | 42 | 0 |
| 30 Sep 16 | 253 | 25 | 40 | 0 |
| 30 Jun 16 | 232 | 18 | 39 | 0 |
| 31 Mar 16 | 221 | 17 | 37 | 0 |
| 31 Dec 15 | 210 | 15 | 35 | 0 |
| 31 Dec 14 | 204 | 16 | 26 | 0 |
Quality Earnings: 301077 has a high level of non-cash earnings.
Growing Profit Margin: 301077's current net profit margins (15.9%) are higher than last year (12.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301077's earnings have grown by 1.3% per year over the past 5 years.
Accelerating Growth: 301077's earnings growth over the past year (24.1%) exceeds its 5-year average (1.3% per year).
Earnings vs Industry: 301077 earnings growth over the past year (24.1%) exceeded the Luxury industry 14.6%.
Return on Equity
High ROE: 301077's Return on Equity (9%) is considered low.