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 -24.3%, while the Basic Materials industry saw earnings declining at 4.5% annually. Revenues have been growing at an average rate of 19.5% per year. Ningxia Building Materials GroupLtd's return on equity is 2.6%, and it has net margins of 1.8%.
Key information
-24.3%
Earnings growth rate
-24.3%
EPS growth rate
| Basic Materials Industry Growth | 3.3% |
| Revenue growth rate | 19.5% |
| Return on equity | 2.6% |
| Net Margin | 1.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
We Think Ningxia Building Materials GroupLtd (SHSE:600449) Can Stay On Top Of Its Debt
Nov 25
Market Might Still Lack Some Conviction On Ningxia Building Materials Group Co.,Ltd (SHSE:600449) Even After 29% Share Price Boost
Sep 27Benign Growth For Ningxia Building Materials Group Co.,Ltd (SHSE:600449) Underpins Its Share Price
Jul 24Ningxia Building Materials GroupLtd (SHSE:600449) Seems To Use Debt Quite Sensibly
May 28Ningxia Building Materials GroupLtd's (SHSE:600449) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 30Why Investors Shouldn't Be Surprised By Ningxia Building Materials Group Co.,Ltd's (SHSE:600449) 26% Share Price Surge
Mar 11Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Sep 24 | 9,695 | 177 | 324 | 38 |
| 30 Jun 24 | 10,446 | 198 | 348 | 42 |
| 31 Mar 24 | 10,837 | 275 | 351 | 37 |
| 31 Dec 23 | 10,410 | 297 | 348 | 33 |
| 30 Sep 23 | 9,675 | 222 | 348 | 31 |
| 30 Jun 23 | 9,433 | 297 | 339 | 24 |
| 31 Mar 23 | 8,816 | 521 | 312 | 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 |
Quality Earnings: 600449 has a large one-off gain of CN¥88.5M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 600449's current net profit margins (1.8%) are lower than last year (2.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600449's earnings have declined by 24.3% 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 (-20.6%) over the past year, making it difficult to compare to the Basic Materials industry average (-21.7%).
Return on Equity
High ROE: 600449's Return on Equity (2.6%) is considered low.