Ningxia Building Materials GroupLtd Past Earnings Performance
Past criteria checks 0/6
Ningxia Building Materials GroupLtd's earnings have been declining at an average annual rate of -7.7%, while the Basic Materials industry saw earnings declining at 1.7% annually. Revenues have been growing at an average rate of 19.2% per year. Ningxia Building Materials GroupLtd's return on equity is 4.4%, and it has net margins of 2.9%.
Key information
-7.7%
Earnings growth rate
-7.9%
EPS growth rate
| Basic Materials Industry Growth | 3.3% |
| Revenue growth rate | 19.2% |
| Return on equity | 4.4% |
| Net Margin | 2.9% |
| Next Earnings Update | 24 Apr 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Ningxia Building Materials GroupLtd 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 Dec 23 | 10,410 | 297 | 348 | 33 |
| 30 Sep 23 | 9,675 | 222 | 350 | 31 |
| 30 Jun 23 | 9,433 | 297 | 341 | 24 |
| 31 Mar 23 | 8,816 | 521 | 314 | 17 |
| 31 Dec 22 | 8,658 | 529 | 311 | 18 |
| 30 Sep 22 | 8,107 | 708 | 357 | 13 |
| 30 Jun 22 | 6,984 | 799 | 352 | 13 |
| 31 Mar 22 | 6,189 | 814 | 347 | 17 |
| 31 Dec 21 | 5,783 | 801 | 359 | 18 |
| 30 Sep 21 | 5,382 | 836 | 63 | 18 |
| 30 Jun 21 | 5,219 | 925 | 187 | 14 |
| 31 Mar 21 | 5,306 | 984 | 263 | 7 |
| 31 Dec 20 | 5,110 | 965 | 325 | 5 |
| 30 Sep 20 | 5,033 | 981 | 689 | 2 |
| 30 Jun 20 | 4,979 | 922 | 700 | 2 |
| 31 Mar 20 | 4,694 | 807 | 716 | 3 |
| 31 Dec 19 | 4,790 | 769 | 725 | 3 |
| 30 Sep 19 | 4,695 | 689 | 682 | 3 |
| 30 Jun 19 | 4,409 | 558 | 637 | 4 |
| 31 Mar 19 | 4,288 | 461 | 725 | 3 |
| 31 Dec 18 | 4,173 | 428 | 747 | 3 |
| 30 Sep 18 | 4,073 | 400 | 748 | 3 |
| 30 Jun 18 | 4,171 | 369 | 812 | 2 |
| 31 Mar 18 | 4,313 | 310 | 812 | 2 |
| 31 Dec 17 | 4,483 | 339 | 755 | 2 |
| 30 Sep 17 | 4,510 | 256 | 763 | 1 |
| 30 Jun 17 | 4,327 | 212 | 757 | 1 |
| 31 Mar 17 | 3,951 | 91 | 717 | 0 |
| 31 Dec 16 | 3,689 | 58 | 716 | 0 |
| 30 Sep 16 | 3,459 | 87 | 660 | 0 |
| 30 Jun 16 | 3,285 | 21 | 683 | 0 |
| 31 Mar 16 | 3,184 | 9 | 617 | 0 |
| 31 Dec 15 | 3,184 | 20 | 625 | 0 |
| 30 Sep 15 | 3,204 | 15 | 634 | 0 |
| 30 Jun 15 | 3,360 | 116 | 613 | 0 |
| 31 Mar 15 | 3,759 | 250 | 621 | 0 |
| 31 Dec 14 | 3,893 | 272 | 632 | 0 |
| 30 Sep 14 | 4,234 | 373 | 647 | 0 |
| 30 Jun 14 | 4,348 | 332 | 629 | 0 |
| 31 Mar 14 | 4,247 | 308 | 617 | 0 |
| 31 Dec 13 | 4,207 | 301 | 574 | 0 |
| 30 Sep 13 | 3,838 | 241 | 538 | 0 |
| 30 Jun 13 | 3,586 | 167 | 450 | 0 |
Quality Earnings: 600449 has a large one-off gain of CN¥78.3M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 600449's current net profit margins (2.9%) are lower than last year (6.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600449's earnings have declined by 7.7% per year over the past 5 years.
Accelerating Growth: 600449's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600449 had negative earnings growth (-43.8%) over the past year, making it difficult to compare to the Basic Materials industry average (-11.4%).
Return on Equity
High ROE: 600449's Return on Equity (4.4%) is considered low.