Anhui Higasket PlasticsLtd Past Earnings Performance
Past criteria checks 1/6
Anhui Higasket PlasticsLtd has been growing earnings at an average annual rate of 6%, while the Chemicals industry saw earnings growing at 7.5% annually. Revenues have been growing at an average rate of 59.7% per year. Anhui Higasket PlasticsLtd's return on equity is 9.6%, and it has net margins of 4.9%.
Key information
6.0%
Earnings growth rate
-3.0%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 59.7% |
| Return on equity | 9.6% |
| Net Margin | 4.9% |
| Next Earnings Update | 23 Aug 2024 |
Revenue & Expenses Breakdown
How Anhui Higasket PlasticsLtd 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 | 2,860 | 141 | 319 | 86 |
| 31 Dec 23 | 2,564 | 135 | 305 | 83 |
| 30 Sep 23 | 2,205 | 137 | 271 | 71 |
| 30 Jun 23 | 1,982 | 142 | 251 | 65 |
| 31 Mar 23 | 1,791 | 143 | 221 | 58 |
| 31 Dec 22 | 1,709 | 149 | 197 | 56 |
| 30 Sep 22 | 1,637 | 154 | 188 | 59 |
| 30 Jun 22 | 1,569 | 141 | 168 | 60 |
| 31 Mar 22 | 1,517 | 144 | 160 | 59 |
| 31 Dec 21 | 1,477 | 140 | 158 | 54 |
| 30 Sep 21 | 1,414 | 129 | 150 | 51 |
| 31 Dec 20 | 1,215 | 133 | 133 | 47 |
| 31 Dec 19 | 967 | 91 | 143 | 33 |
| 31 Dec 18 | 790 | 65 | 123 | 34 |
| 31 Dec 16 | 738 | 61 | 111 | 0 |
| 31 Dec 15 | 583 | 54 | 83 | 0 |
| 31 Dec 14 | 478 | 31 | 78 | 0 |
Quality Earnings: 603150 has a high level of non-cash earnings.
Growing Profit Margin: 603150's current net profit margins (4.9%) are lower than last year (8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603150's earnings have grown by 6% per year over the past 5 years.
Accelerating Growth: 603150's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603150 had negative earnings growth (-1.2%) over the past year, making it difficult to compare to the Chemicals industry average (-16.6%).
Return on Equity
High ROE: 603150's Return on Equity (9.6%) is considered low.