Zhejiang Wanfeng ChemicalLtd Past Earnings Performance
Past criteria checks 0/6
Zhejiang Wanfeng ChemicalLtd's earnings have been declining at an average annual rate of -27.7%, while the Chemicals industry saw earnings growing at 7.9% annually. Revenues have been declining at an average rate of 15.1% per year. Zhejiang Wanfeng ChemicalLtd's return on equity is 3%, and it has net margins of 6.6%.
Key information
-27.7%
Earnings growth rate
-31.0%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | -15.1% |
| Return on equity | 3.0% |
| Net Margin | 6.6% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses Breakdown
How Zhejiang Wanfeng ChemicalLtd 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 | 466 | 31 | 69 | 15 |
| 31 Dec 23 | 504 | 40 | 66 | 17 |
| 30 Sep 23 | 509 | 48 | 59 | 17 |
| 30 Jun 23 | 514 | 56 | 53 | 18 |
| 31 Mar 23 | 549 | 68 | 50 | 19 |
| 31 Dec 22 | 545 | 68 | 51 | 19 |
| 31 Dec 21 | 564 | 75 | 52 | 23 |
| 31 Dec 20 | 516 | 87 | 49 | 22 |
| 31 Dec 19 | 673 | 123 | 113 | 25 |
Quality Earnings: 603172 has a large one-off gain of CN¥7.5M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 603172's current net profit margins (6.6%) are lower than last year (12.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603172's earnings have declined by 27.7% per year over the past 5 years.
Accelerating Growth: 603172's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603172 had negative earnings growth (-54.4%) over the past year, making it difficult to compare to the Chemicals industry average (-16.4%).
Return on Equity
High ROE: 603172's Return on Equity (3%) is considered low.