MEGA P&C Advanced Materials (Shanghai) Past Earnings Performance
Past criteria checks 0/6
MEGA P&C Advanced Materials (Shanghai)'s earnings have been declining at an average annual rate of -15.3%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been declining at an average rate of 11% per year. MEGA P&C Advanced Materials (Shanghai)'s return on equity is 7.6%, and it has net margins of 8.6%.
Key information
-15.3%
Earnings growth rate
-23.7%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | -11.0% |
| Return on equity | 7.6% |
| Net Margin | 8.6% |
| Last Earnings Update | 30 Sep 2024 |
Revenue & Expenses Breakdown
How MEGA P&C Advanced Materials (Shanghai) 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 | 1,762 | 152 | 122 | 58 |
| 30 Jun 24 | 1,356 | 128 | 116 | 53 |
| 31 Mar 24 | 1,212 | 139 | 119 | 52 |
| 31 Dec 23 | 1,141 | 167 | 112 | 52 |
| 30 Sep 23 | 1,015 | 199 | 87 | 51 |
| 31 Dec 22 | 1,387 | 260 | 80 | 63 |
| 31 Dec 21 | 1,990 | 326 | 138 | 68 |
| 31 Dec 20 | 941 | 176 | 109 | 35 |
Quality Earnings: 603062 has a high level of non-cash earnings.
Growing Profit Margin: 603062's current net profit margins (8.6%) are lower than last year (19.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603062's earnings have declined by 15.3% per year over the past 5 years.
Accelerating Growth: 603062's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603062 had negative earnings growth (-23.9%) over the past year, making it difficult to compare to the Chemicals industry average (-3.8%).
Return on Equity
High ROE: 603062's Return on Equity (7.6%) is considered low.