Grace Fabric TechnologyLtd Past Earnings Performance
Past criteria checks 0/6
Grace Fabric TechnologyLtd's earnings have been declining at an average annual rate of -39.2%, while the Chemicals industry saw earnings growing at 7.5% annually. Revenues have been declining at an average rate of 1.4% per year.
Key information
-39.2%
Earnings growth rate
-40.2%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | -1.4% |
| Return on equity | -4.7% |
| Net Margin | -9.2% |
| Next Earnings Update | 30 Aug 2024 |
Recent past performance updates
Recent updates
Subdued Growth No Barrier To Grace Fabric Technology Co.,Ltd. (SHSE:603256) With Shares Advancing 26%
Jul 05
We Think Grace Fabric TechnologyLtd (SHSE:603256) Has A Fair Chunk Of Debt
Jun 26Grace Fabric Technology Co.,Ltd. (SHSE:603256) Stock Rockets 34% As Investors Are Less Pessimistic Than Expected
Mar 26Grace Fabric TechnologyLtd (SHSE:603256) Is Making Moderate Use Of Debt
Mar 01Revenue & Expenses Breakdown
How Grace Fabric TechnologyLtd 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 | 729 | -67 | 61 | 35 |
| 31 Dec 23 | 661 | -63 | 65 | 34 |
| 30 Sep 23 | 649 | -33 | 75 | 33 |
| 30 Jun 23 | 561 | -2 | 80 | 34 |
| 31 Mar 23 | 557 | 33 | 87 | 35 |
| 31 Dec 22 | 612 | 52 | 91 | 36 |
| 30 Sep 22 | 664 | 65 | 87 | 36 |
| 30 Jun 22 | 753 | 89 | 95 | 34 |
| 31 Mar 22 | 795 | 110 | 88 | 31 |
| 31 Dec 21 | 808 | 124 | 87 | 28 |
| 30 Sep 21 | 764 | 132 | 79 | 22 |
| 30 Jun 21 | 708 | 122 | 76 | 21 |
| 31 Mar 21 | 663 | 119 | 77 | 21 |
| 31 Dec 20 | 621 | 117 | 75 | 21 |
| 30 Sep 20 | 625 | 109 | 82 | 25 |
| 30 Jun 20 | 644 | 108 | 83 | 25 |
| 31 Mar 20 | 646 | 102 | 80 | 27 |
| 31 Dec 19 | 663 | 104 | 76 | 27 |
| 30 Sep 19 | 680 | 118 | 68 | 32 |
| 30 Jun 19 | 734 | 150 | 61 | 32 |
| 31 Mar 19 | 775 | 162 | 71 | 31 |
| 31 Dec 18 | 827 | 170 | 72 | 31 |
| 31 Dec 17 | 779 | 165 | 74 | 32 |
| 31 Dec 16 | 677 | 78 | 113 | 24 |
Quality Earnings: 603256 is currently unprofitable.
Growing Profit Margin: 603256 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603256 is unprofitable, and losses have increased over the past 5 years at a rate of 39.2% per year.
Accelerating Growth: Unable to compare 603256's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 603256 is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-16.6%).
Return on Equity
High ROE: 603256 has a negative Return on Equity (-4.75%), as it is currently unprofitable.