Sobute New Materials Past Earnings Performance
Past criteria checks 1/6
Sobute New Materials's earnings have been declining at an average annual rate of -2.2%, while the Chemicals industry saw earnings growing at 8.4% annually. Revenues have been growing at an average rate of 7.1% per year. Sobute New Materials's return on equity is 5%, and it has net margins of 4.5%.
Key information
-2.2%
Earnings growth rate
-5.0%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 7.1% |
| Return on equity | 5.0% |
| Net Margin | 4.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Sobute 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 Dec 23 | 3,582 | 160 | 680 | 217 |
| 30 Sep 23 | 3,576 | 194 | 715 | 196 |
| 30 Jun 23 | 3,626 | 221 | 690 | 200 |
| 31 Mar 23 | 3,664 | 248 | 653 | 199 |
| 31 Dec 22 | 3,715 | 288 | 649 | 206 |
| 30 Sep 22 | 4,004 | 401 | 656 | 206 |
| 30 Jun 22 | 4,224 | 481 | 651 | 213 |
| 31 Mar 22 | 4,466 | 535 | 625 | 215 |
| 31 Dec 21 | 4,522 | 533 | 644 | 220 |
| 30 Sep 21 | 4,434 | 505 | 481 | 214 |
| 30 Jun 21 | 4,268 | 490 | 524 | 199 |
| 31 Mar 21 | 3,999 | 470 | 629 | 198 |
| 31 Dec 20 | 3,652 | 441 | 569 | 176 |
| 30 Sep 20 | 3,456 | 406 | 761 | 158 |
| 30 Jun 20 | 3,348 | 387 | 781 | 162 |
| 31 Mar 20 | 3,264 | 355 | 757 | 170 |
| 31 Dec 19 | 3,307 | 354 | 781 | 171 |
| 30 Sep 19 | 3,017 | 297 | 743 | 164 |
| 30 Jun 19 | 2,750 | 228 | 639 | 145 |
| 31 Mar 19 | 2,427 | 287 | 529 | 124 |
| 31 Dec 18 | 2,316 | 268 | 511 | 119 |
| 30 Sep 18 | 2,100 | 241 | 431 | 108 |
| 30 Jun 18 | 1,912 | 239 | 350 | 155 |
| 31 Mar 18 | 1,773 | 129 | 336 | 123 |
| 31 Dec 17 | 1,680 | 134 | 333 | 103 |
| 30 Sep 17 | 1,553 | 154 | 329 | 71 |
| 30 Jun 17 | 1,450 | 147 | 546 | 0 |
| 31 Mar 17 | 1,284 | 140 | 441 | 0 |
| 31 Dec 16 | 1,314 | 133 | 359 | 0 |
| 30 Jun 16 | 1,259 | 145 | 196 | 0 |
| 31 Mar 16 | 1,287 | 158 | 286 | 0 |
| 31 Dec 15 | 1,314 | 171 | 376 | 0 |
| 31 Dec 14 | 1,722 | 23 | 576 | 0 |
| 31 Dec 13 | 1,607 | 186 | 299 | 0 |
Quality Earnings: 603916 has high quality earnings.
Growing Profit Margin: 603916's current net profit margins (4.5%) are lower than last year (7.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603916's earnings have declined by 2.2% per year over the past 5 years.
Accelerating Growth: 603916's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603916 had negative earnings growth (-44.3%) over the past year, making it difficult to compare to the Chemicals industry average (-18.9%).
Return on Equity
High ROE: 603916's Return on Equity (5%) is considered low.