Kangxin New Materials Past Earnings Performance
Past criteria checks 0/6
Kangxin New Materials's earnings have been declining at an average annual rate of -62%, while the Forestry industry saw earnings growing at 4.6% annually. Revenues have been declining at an average rate of 35% per year.
Key information
-62.0%
Earnings growth rate
-61.8%
EPS growth rate
| Forestry Industry Growth | 7.7% |
| Revenue growth rate | -35.0% |
| Return on equity | -6.7% |
| Net Margin | -45.3% |
| Next Earnings Update | 28 Nov 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Kangxin New Materials 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 |
|---|---|---|---|---|
| 30 Sep 24 | 640 | -290 | 55 | 5 |
| 30 Jun 24 | 498 | -295 | 56 | 5 |
| 31 Mar 24 | 274 | -297 | 56 | 4 |
| 31 Dec 23 | 246 | -297 | 63 | 5 |
| 30 Sep 23 | 219 | -187 | 53 | 3 |
| 30 Jun 23 | 255 | -189 | 50 | 4 |
| 31 Mar 23 | 342 | -189 | 53 | 17 |
| 31 Dec 22 | 464 | -192 | 61 | 17 |
| 30 Sep 22 | 605 | -147 | 75 | 29 |
| 30 Jun 22 | 785 | -128 | 102 | 46 |
| 31 Mar 22 | 1,028 | -49 | 98 | 45 |
| 31 Dec 21 | 1,286 | 30 | 96 | 50 |
| 30 Sep 21 | 1,385 | 53 | 67 | 45 |
| 30 Jun 21 | 1,333 | -42 | 95 | 53 |
| 31 Mar 21 | 1,265 | -91 | 128 | 39 |
| 31 Dec 20 | 1,023 | -161 | 122 | 42 |
| 30 Sep 20 | 1,130 | -131 | 216 | 40 |
| 30 Jun 20 | 1,404 | 77 | 246 | 27 |
| 31 Mar 20 | 1,645 | 224 | 242 | 35 |
| 31 Dec 19 | 2,013 | 390 | 272 | 34 |
| 30 Sep 19 | 1,953 | 453 | 258 | 33 |
| 30 Jun 19 | 2,100 | 458 | 225 | 32 |
| 31 Mar 19 | 2,208 | 468 | 237 | 28 |
| 31 Dec 18 | 2,290 | 468 | 240 | 21 |
| 30 Sep 18 | 2,422 | 480 | 237 | 18 |
| 30 Jun 18 | 2,333 | 505 | 242 | 10 |
| 31 Mar 18 | 2,117 | 494 | 259 | 4 |
| 31 Dec 17 | 1,818 | 466 | 228 | 4 |
| 30 Sep 17 | 1,608 | 445 | 208 | 3 |
| 30 Jun 17 | 1,420 | 420 | 173 | 0 |
| 31 Mar 17 | 1,275 | 384 | 127 | 0 |
| 31 Dec 16 | 1,308 | 384 | 127 | 0 |
| 30 Sep 16 | 1,271 | 357 | 131 | 0 |
| 30 Jun 16 | 1,256 | 356 | 127 | 0 |
| 31 Mar 16 | 1,183 | 325 | 123 | 0 |
| 31 Dec 15 | 1,031 | 269 | 128 | 0 |
| 30 Sep 15 | 1,638 | 403 | 187 | 0 |
| 30 Jun 15 | 1,298 | 307 | 163 | 0 |
| 31 Mar 15 | 1,100 | 248 | 145 | 0 |
| 31 Dec 14 | 906 | 188 | 125 | 0 |
| 30 Sep 14 | 17 | 53 | 28 | 0 |
| 30 Jun 14 | 14 | 52 | 30 | 0 |
| 31 Mar 14 | 14 | 52 | 30 | 0 |
| 31 Dec 13 | 14 | 52 | 30 | 0 |
Quality Earnings: 600076 is currently unprofitable.
Growing Profit Margin: 600076 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600076 is unprofitable, and losses have increased over the past 5 years at a rate of 62% per year.
Accelerating Growth: Unable to compare 600076's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 600076 is unprofitable, making it difficult to compare its past year earnings growth to the Forestry industry (19%).
Return on Equity
High ROE: 600076 has a negative Return on Equity (-6.69%), as it is currently unprofitable.