Daodaoquan Grain and OilLtd Past Earnings Performance
Past criteria checks 1/6
Daodaoquan Grain and OilLtd's earnings have been declining at an average annual rate of -47.1%, while the Food industry saw earnings growing at 2.9% annually. Revenues have been growing at an average rate of 14.1% per year. Daodaoquan Grain and OilLtd's return on equity is 2.4%, and it has net margins of 0.6%.
Key information
-47.1%
Earnings growth rate
-47.1%
EPS growth rate
| Food Industry Growth | 7.2% |
| Revenue growth rate | 14.1% |
| Return on equity | 2.4% |
| Net Margin | 0.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Daodaoquan Grain and OilLtd 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 | 6,771 | 42 | 246 | 6 |
| 31 Dec 23 | 7,001 | 76 | 230 | 5 |
| 30 Sep 23 | 7,446 | -109 | 235 | 6 |
| 30 Jun 23 | 7,153 | -233 | 269 | 6 |
| 31 Mar 23 | 7,539 | -256 | 291 | 6 |
| 01 Jan 23 | 7,028 | -418 | 274 | 6 |
| 30 Sep 22 | 6,708 | -410 | 257 | 5 |
| 30 Jun 22 | 6,533 | -353 | 226 | 6 |
| 31 Mar 22 | 5,386 | -328 | 206 | 6 |
| 01 Jan 22 | 5,449 | -192 | 195 | 6 |
| 30 Sep 21 | 5,051 | -73 | 154 | 5 |
| 30 Jun 21 | 5,113 | -53 | 175 | 5 |
| 31 Mar 21 | 5,617 | -37 | 216 | 5 |
| 31 Dec 20 | 5,287 | -76 | 238 | 5 |
| 30 Sep 20 | 5,139 | 92 | 313 | 5 |
| 30 Jun 20 | 4,679 | 99 | 322 | 5 |
| 31 Mar 20 | 4,209 | 126 | 283 | 4 |
| 31 Dec 19 | 4,117 | 129 | 312 | 4 |
| 30 Sep 19 | 3,883 | 134 | 273 | 4 |
| 30 Jun 19 | 3,756 | 203 | 248 | 3 |
| 31 Mar 19 | 3,640 | 210 | 273 | 3 |
| 31 Dec 18 | 3,600 | 220 | 243 | 3 |
| 30 Sep 18 | 3,491 | 252 | 232 | 3 |
| 30 Jun 18 | 3,471 | 245 | 206 | 4 |
| 31 Mar 18 | 3,485 | 194 | 173 | 4 |
| 31 Dec 17 | 3,302 | 191 | 160 | 3 |
| 30 Sep 17 | 3,124 | 152 | 182 | 1 |
| 30 Jun 17 | 2,896 | 171 | 180 | 0 |
| 31 Mar 17 | 2,787 | 204 | 166 | 0 |
| 31 Dec 16 | 2,691 | 206 | 168 | 0 |
| 31 Dec 15 | 2,186 | 183 | 156 | 0 |
| 31 Dec 14 | 2,028 | 145 | 78 | 0 |
| 31 Dec 13 | 2,202 | 52 | 53 | 0 |
Quality Earnings: 002852 has a large one-off loss of CN¥40.4M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 002852 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002852's earnings have declined by 47.1% per year over the past 5 years.
Accelerating Growth: 002852 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 002852 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (1.1%).
Return on Equity
High ROE: 002852's Return on Equity (2.4%) is considered low.