Hubei Jianghan New Materials Past Earnings Performance
Past criteria checks 2/6
Hubei Jianghan New Materials has been growing earnings at an average annual rate of 15.4%, while the Chemicals industry saw earnings growing at 8.4% annually. Revenues have been declining at an average rate of 22.1% per year. Hubei Jianghan New Materials's return on equity is 13.3%, and it has net margins of 28.7%.
Key information
15.4%
Earnings growth rate
1.9%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | -22.1% |
| Return on equity | 13.3% |
| Net Margin | 28.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Hubei Jianghan New Materials 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 | 2,283 | 655 | 83 | 71 |
| 31 Dec 23 | 2,277 | 655 | 104 | 69 |
| 30 Sep 23 | 2,401 | 744 | 100 | 79 |
| 31 Mar 23 | 2,932 | 891 | 132 | 108 |
| 31 Dec 22 | 3,312 | 1,040 | 142 | 117 |
| 31 Mar 22 | 3,036 | 886 | 151 | 91 |
| 31 Dec 21 | 2,535 | 684 | 110 | 78 |
| 31 Dec 20 | 1,363 | 310 | 73 | 42 |
| 31 Dec 19 | 1,506 | 321 | 191 | 71 |
| 31 Dec 18 | 1,479 | 328 | 180 | 68 |
Quality Earnings: 603281 has high quality earnings.
Growing Profit Margin: 603281's current net profit margins (28.7%) are lower than last year (30.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603281's earnings have grown by 15.4% per year over the past 5 years.
Accelerating Growth: 603281's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603281 had negative earnings growth (-26.6%) over the past year, making it difficult to compare to the Chemicals industry average (-19.5%).
Return on Equity
High ROE: 603281's Return on Equity (13.3%) is considered low.