Chongqing Sifang New Material Past Earnings Performance
Past criteria checks 1/6
Chongqing Sifang New Material's earnings have been declining at an average annual rate of -60.7%, while the Basic Materials industry saw earnings declining at 4.5% annually. Revenues have been growing at an average rate of 9.6% per year. Chongqing Sifang New Material's return on equity is 0.8%, and it has net margins of 1.2%.
Key information
-60.7%
Earnings growth rate
-65.0%
EPS growth rate
| Basic Materials Industry Growth | 3.3% |
| Revenue growth rate | 9.6% |
| Return on equity | 0.8% |
| Net Margin | 1.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
The Market Lifts Chongqing Sifang New Material Co., Ltd. (SHSE:605122) Shares 43% But It Can Do More
Oct 16
Be Wary Of Chongqing Sifang New Material (SHSE:605122) And Its Returns On Capital
Aug 22Chongqing Sifang New Material Co., Ltd.'s (SHSE:605122) Shares Not Telling The Full Story
Jun 05Chongqing Sifang New Material Co., Ltd.'s (SHSE:605122) Stock Retreats 25% But Revenues Haven't Escaped The Attention Of Investors
Feb 27Revenue & Expenses Breakdown
How Chongqing Sifang New Material 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 |
|---|---|---|---|---|
| 30 Sep 24 | 1,553 | 19 | 166 | 3 |
| 30 Jun 24 | 1,728 | 32 | 176 | 5 |
| 31 Mar 24 | 1,892 | 15 | 184 | 9 |
| 31 Dec 23 | 1,987 | 13 | 185 | 9 |
| 30 Sep 23 | 1,937 | -143 | 273 | 15 |
| 30 Jun 23 | 1,874 | -156 | 259 | 14 |
| 31 Mar 23 | 1,765 | -116 | 248 | 12 |
| 31 Dec 22 | 1,653 | -97 | 247 | 10 |
| 30 Sep 22 | 1,735 | 79 | 170 | 10 |
| 30 Jun 22 | 1,578 | 117 | 152 | 8 |
| 31 Mar 22 | 1,435 | 125 | 135 | 8 |
| 31 Dec 21 | 1,350 | 134 | 116 | 6 |
| 30 Sep 21 | 1,136 | 168 | 60 | 4 |
| 30 Jun 21 | 1,186 | 210 | 62 | 4 |
| 31 Mar 21 | 1,254 | 261 | 52 | 3 |
| 31 Dec 20 | 1,179 | 244 | 64 | 2 |
| 31 Dec 19 | 1,526 | 233 | 108 | 2 |
| 31 Dec 18 | 1,452 | 144 | 73 | 2 |
| 31 Dec 17 | 928 | 66 | 40 | 2 |
| 31 Dec 16 | 707 | 53 | 45 | 1 |
Quality Earnings: 605122 has a large one-off loss of CN¥6.0M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 605122 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 605122's earnings have declined by 60.7% per year over the past 5 years.
Accelerating Growth: 605122 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 605122 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Basic Materials industry (-21.7%).
Return on Equity
High ROE: 605122's Return on Equity (0.8%) is considered low.