Snowsky Salt Industry GroupLTD Past Earnings Performance
Past criteria checks 2/6
Snowsky Salt Industry GroupLTD has been growing earnings at an average annual rate of 37.8%, while the Chemicals industry saw earnings growing at 8.8% annually. Revenues have been growing at an average rate of 24.4% per year. Snowsky Salt Industry GroupLTD's return on equity is 8.4%, and it has net margins of 10.9%.
Key information
37.8%
Earnings growth rate
29.5%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 24.4% |
| Return on equity | 8.4% |
| Net Margin | 10.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Snowsky Salt Industry 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 Mar 24 | 6,316 | 689 | 824 | 225 |
| 31 Dec 23 | 6,262 | 709 | 806 | 230 |
| 30 Sep 23 | 6,170 | 653 | 716 | 232 |
| 30 Jun 23 | 6,084 | 641 | 774 | 247 |
| 31 Mar 23 | 6,448 | 833 | 767 | 244 |
| 31 Dec 22 | 6,441 | 769 | 783 | 240 |
| 30 Sep 22 | 6,415 | 771 | 812 | 238 |
| 30 Jun 22 | 6,110 | 699 | 709 | 214 |
| 31 Mar 22 | 5,352 | 487 | 689 | 203 |
| 31 Dec 21 | 4,780 | 402 | 623 | 188 |
| 30 Sep 21 | 5,132 | 355 | 571 | 162 |
| 30 Jun 21 | 4,537 | 290 | 503 | 138 |
| 31 Mar 21 | 4,019 | 206 | 462 | 106 |
| 31 Dec 20 | 3,536 | 192 | 416 | 103 |
| 30 Sep 20 | 2,187 | 126 | 450 | 89 |
| 30 Jun 20 | 2,170 | 126 | 540 | 87 |
| 31 Mar 20 | 2,170 | 148 | 600 | 87 |
| 31 Dec 19 | 2,272 | 147 | 688 | 88 |
| 30 Sep 19 | 2,197 | 153 | 692 | 99 |
| 30 Jun 19 | 2,252 | 147 | 673 | 95 |
| 31 Mar 19 | 2,345 | 139 | 695 | 91 |
| 31 Dec 18 | 2,303 | 142 | 690 | 91 |
| 30 Sep 18 | 2,329 | 154 | 660 | 85 |
| 30 Jun 18 | 2,302 | 150 | 657 | 95 |
| 31 Mar 18 | 2,214 | 150 | 667 | 78 |
| 31 Dec 17 | 2,204 | 152 | 670 | 63 |
| 31 Dec 16 | 2,176 | 139 | 857 | 0 |
| 31 Dec 15 | 2,259 | 204 | 786 | 0 |
| 31 Dec 14 | 2,272 | 165 | 720 | 0 |
Quality Earnings: 600929 has high quality earnings.
Growing Profit Margin: 600929's current net profit margins (10.9%) are lower than last year (12.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600929's earnings have grown significantly by 37.8% per year over the past 5 years.
Accelerating Growth: 600929's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600929 had negative earnings growth (-17.3%) over the past year, making it difficult to compare to the Chemicals industry average (-20.3%).
Return on Equity
High ROE: 600929's Return on Equity (8.4%) is considered low.