Shanghai SK Petroleum & Chemical Equipment Past Earnings Performance
Past criteria checks 2/6
Shanghai SK Petroleum & Chemical Equipment's earnings have been declining at an average annual rate of -30.7%, while the Energy Services industry saw earnings growing at 14.3% annually. Revenues have been declining at an average rate of 2.3% per year. Shanghai SK Petroleum & Chemical Equipment's return on equity is 3.4%, and it has net margins of 3.8%.
Key information
-30.7%
Earnings growth rate
-31.6%
EPS growth rate
| Energy Services Industry Growth | 12.1% |
| Revenue growth rate | -2.3% |
| Return on equity | 3.4% |
| Net Margin | 3.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Shanghai SK Petroleum & Chemical Equipment 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 | 739 | 28 | 122 | 74 |
| 31 Dec 23 | 744 | 25 | 123 | 76 |
| 30 Sep 23 | 728 | -20 | 149 | 72 |
| 30 Jun 23 | 736 | -14 | 154 | 72 |
| 31 Mar 23 | 651 | -24 | 146 | 71 |
| 31 Dec 22 | 604 | -28 | 143 | 69 |
| 30 Sep 22 | 681 | 36 | 135 | 65 |
| 30 Jun 22 | 673 | 27 | 139 | 64 |
| 31 Mar 22 | 729 | 27 | 147 | 63 |
| 01 Jan 22 | 775 | 43 | 152 | 60 |
| 30 Sep 21 | 717 | 22 | 135 | 55 |
| 30 Jun 21 | 730 | 33 | 130 | 59 |
| 31 Mar 21 | 726 | 35 | 144 | 61 |
| 31 Dec 20 | 726 | 28 | 150 | 62 |
| 30 Sep 20 | 754 | 29 | 171 | 58 |
| 30 Jun 20 | 755 | 33 | 179 | 62 |
| 31 Mar 20 | 760 | 33 | 173 | 63 |
| 31 Dec 19 | 785 | 44 | 164 | 65 |
| 30 Sep 19 | 778 | 47 | 161 | 68 |
| 30 Jun 19 | 773 | 40 | 157 | 58 |
| 31 Mar 19 | 780 | 41 | 151 | 57 |
| 31 Dec 18 | 702 | 30 | 149 | 53 |
| 30 Sep 18 | 618 | 32 | 144 | 46 |
| 30 Jun 18 | 584 | 29 | 114 | 68 |
| 31 Mar 18 | 513 | 12 | 122 | 55 |
| 31 Dec 17 | 518 | 11 | 131 | 45 |
| 30 Sep 17 | 464 | -50 | 187 | 36 |
| 30 Jun 17 | 418 | -92 | 219 | 0 |
| 31 Mar 17 | 411 | -99 | 230 | 0 |
| 31 Dec 16 | 416 | -109 | 236 | 0 |
| 30 Sep 16 | 473 | -91 | 207 | 0 |
| 30 Jun 16 | 479 | -54 | 210 | 0 |
| 31 Mar 16 | 574 | -16 | 215 | 0 |
| 31 Dec 15 | 614 | 10 | 211 | 0 |
| 30 Sep 15 | 616 | 40 | 192 | 0 |
| 30 Jun 15 | 671 | 62 | 189 | 0 |
| 31 Mar 15 | 651 | 62 | 172 | 0 |
| 31 Dec 14 | 671 | 61 | 179 | 0 |
| 30 Sep 14 | 694 | 61 | 184 | 0 |
| 30 Jun 14 | 727 | 55 | 196 | 0 |
| 31 Mar 14 | 751 | 57 | 201 | 0 |
| 31 Dec 13 | 765 | 57 | 197 | 0 |
| 30 Sep 13 | 769 | 59 | 316 | 0 |
| 30 Jun 13 | 768 | 58 | 265 | 0 |
Quality Earnings: 002278 has high quality earnings.
Growing Profit Margin: 002278 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002278's earnings have declined by 30.7% per year over the past 5 years.
Accelerating Growth: 002278 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 002278 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (6.1%).
Return on Equity
High ROE: 002278's Return on Equity (3.4%) is considered low.