Suqian UnitechLtd Past Earnings Performance
Past criteria checks 1/6
Suqian UnitechLtd's earnings have been declining at an average annual rate of -11.5%, while the Chemicals industry saw earnings growing at 8.4% annually. Revenues have been declining at an average rate of 28.8% per year. Suqian UnitechLtd's return on equity is 1.9%, and it has net margins of 3.2%.
Key information
-11.5%
Earnings growth rate
-15.2%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | -28.8% |
| Return on equity | 1.9% |
| Net Margin | 3.2% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Suqian UnitechLtd 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 | 1,266 | 41 | 133 | 42 |
| 31 Dec 23 | 1,417 | 75 | 130 | 44 |
| 30 Jun 23 | 1,575 | 117 | 145 | 60 |
| 31 Mar 23 | 1,779 | 212 | 130 | 47 |
| 31 Dec 22 | 1,792 | 246 | 141 | 49 |
| 30 Jun 22 | 1,917 | 308 | 136 | 41 |
| 31 Mar 22 | 1,846 | 268 | 136 | 42 |
| 31 Dec 21 | 1,734 | 234 | 120 | 40 |
| 31 Dec 20 | 1,195 | 179 | 67 | 13 |
| 31 Dec 19 | 985 | 130 | 109 | 26 |
| 31 Dec 18 | 866 | 34 | 143 | 17 |
Quality Earnings: 603065 has high quality earnings.
Growing Profit Margin: 603065's current net profit margins (3.2%) are lower than last year (11.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603065's earnings have declined by 11.5% per year over the past 5 years.
Accelerating Growth: 603065's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603065 had negative earnings growth (-80.6%) over the past year, making it difficult to compare to the Chemicals industry average (-19.8%).
Return on Equity
High ROE: 603065's Return on Equity (1.9%) is considered low.