Shanghai Smith Adhesive New MaterialLtd Past Earnings Performance
Past criteria checks 5/6
Shanghai Smith Adhesive New MaterialLtd has been growing earnings at an average annual rate of 3.9%, while the Chemicals industry saw earnings growing at 7.8% annually. Revenues have been growing at an average rate of 12.6% per year. Shanghai Smith Adhesive New MaterialLtd's return on equity is 6%, and it has net margins of 4.2%.
Key information
3.9%
Earnings growth rate
2.3%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 12.6% |
| Return on equity | 6.0% |
| Net Margin | 4.2% |
| Next Earnings Update | 13 Aug 2024 |
Recent past performance updates
Recent updates
Shanghai Smith Adhesive New Material Co.,Ltd (SHSE:603683) Stock Rockets 33% As Investors Are Less Pessimistic Than Expected
May 21
Shanghai Smith Adhesive New MaterialLtd's (SHSE:603683) Earnings Are Weaker Than They Seem
May 06Shanghai Smith Adhesive New MaterialLtd's (SHSE:603683) Returns On Capital Are Heading Higher
Apr 05What Shanghai Smith Adhesive New Material Co.,Ltd's (SHSE:603683) 32% Share Price Gain Is Not Telling You
Mar 09Revenue & Expenses Breakdown
How Shanghai Smith Adhesive New MaterialLtd 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 | 1,654 | 70 | 118 | 59 |
| 31 Dec 23 | 1,559 | 57 | 111 | 55 |
| 30 Sep 23 | 1,474 | 41 | 99 | 44 |
| 30 Jun 23 | 1,437 | 22 | 92 | 44 |
| 31 Mar 23 | 1,401 | 14 | 84 | 44 |
| 31 Dec 22 | 1,414 | 6 | 88 | 47 |
| 30 Sep 22 | 1,414 | 4 | 91 | 63 |
| 30 Jun 22 | 1,387 | 6 | 90 | 61 |
| 31 Mar 22 | 1,399 | 17 | 100 | 61 |
| 31 Dec 21 | 1,395 | 32 | 98 | 62 |
| 30 Sep 21 | 1,359 | 153 | 91 | 53 |
| 30 Jun 21 | 1,285 | 166 | 89 | 47 |
| 31 Mar 21 | 1,185 | 172 | 80 | 44 |
| 31 Dec 20 | 1,039 | 155 | 81 | 39 |
| 30 Sep 20 | 953 | 34 | 85 | 41 |
| 30 Jun 20 | 903 | 13 | 97 | 40 |
| 31 Mar 20 | 893 | 1 | 105 | 36 |
| 31 Dec 19 | 931 | 3 | 103 | 33 |
| 30 Sep 19 | 967 | 8 | 106 | 24 |
| 30 Jun 19 | 916 | 10 | 97 | 21 |
| 31 Mar 19 | 901 | 19 | 95 | 24 |
| 31 Dec 18 | 881 | 23 | 93 | 25 |
| 30 Sep 18 | 796 | 28 | 90 | 31 |
| 30 Jun 18 | 786 | 36 | 76 | 47 |
| 31 Mar 18 | 750 | 37 | 77 | 39 |
| 31 Dec 17 | 728 | 42 | 80 | 32 |
| 30 Sep 17 | 697 | 45 | 83 | 21 |
| 31 Dec 16 | 657 | 52 | 101 | 0 |
| 31 Dec 15 | 610 | 46 | 84 | 0 |
| 31 Dec 14 | 689 | 59 | 91 | 0 |
| 31 Dec 13 | 619 | 53 | 68 | 0 |
Quality Earnings: 603683 has high quality earnings.
Growing Profit Margin: 603683's current net profit margins (4.2%) are higher than last year (1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603683's earnings have grown by 3.9% per year over the past 5 years.
Accelerating Growth: 603683's earnings growth over the past year (408.4%) exceeds its 5-year average (3.9% per year).
Earnings vs Industry: 603683 earnings growth over the past year (408.4%) exceeded the Chemicals industry -16.4%.
Return on Equity
High ROE: 603683's Return on Equity (6%) is considered low.