Wuxi Paike New Materials TechnologyLtd Past Earnings Performance
Past criteria checks 2/6
Wuxi Paike New Materials TechnologyLtd has been growing earnings at an average annual rate of 29.9%, while the Metals and Mining industry saw earnings growing at 11.8% annually. Revenues have been growing at an average rate of 35.6% per year. Wuxi Paike New Materials TechnologyLtd's return on equity is 9.7%, and it has net margins of 12.3%.
Key information
29.9%
Earnings growth rate
22.6%
EPS growth rate
| Metals and Mining Industry Growth | 13.1% |
| Revenue growth rate | 35.6% |
| Return on equity | 9.7% |
| Net Margin | 12.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Capital Allocation Trends At Wuxi Paike New Materials TechnologyLtd (SHSE:605123) Aren't Ideal
Mar 25
Wuxi Paike New Materials Technology Co.,Ltd.'s (SHSE:605123) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Mar 05Is Wuxi Paike New Materials TechnologyLtd (SHSE:605123) Using Too Much Debt?
Feb 27Revenue & Expenses BreakdownBeta
How Wuxi Paike New Materials 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 | 3,424 | 421 | 142 | 176 |
| 31 Dec 23 | 3,618 | 492 | 143 | 177 |
| 30 Sep 23 | 3,465 | 558 | 137 | 162 |
| 30 Jun 23 | 3,505 | 554 | 138 | 160 |
| 31 Mar 23 | 3,114 | 521 | 107 | 142 |
| 31 Dec 22 | 2,782 | 486 | 97 | 124 |
| 30 Sep 22 | 2,654 | 442 | 148 | 109 |
| 30 Jun 22 | 2,227 | 392 | 102 | 98 |
| 31 Mar 22 | 2,019 | 346 | 103 | 89 |
| 31 Dec 21 | 1,733 | 304 | 90 | 79 |
| 30 Sep 21 | 1,489 | 258 | 85 | 69 |
| 30 Jun 21 | 1,372 | 238 | 98 | 61 |
| 31 Mar 21 | 1,191 | 208 | 89 | 50 |
| 31 Dec 20 | 1,028 | 167 | 76 | 43 |
| 30 Sep 20 | 967 | 163 | 52 | 40 |
| 31 Dec 19 | 884 | 162 | 68 | 31 |
| 31 Dec 18 | 653 | 109 | 49 | 24 |
| 31 Dec 17 | 484 | 59 | 40 | 18 |
| 31 Dec 16 | 340 | 29 | 44 | 20 |
Quality Earnings: 605123 has high quality earnings.
Growing Profit Margin: 605123's current net profit margins (12.3%) are lower than last year (16.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 605123's earnings have grown significantly by 29.9% per year over the past 5 years.
Accelerating Growth: 605123's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 605123 had negative earnings growth (-19.2%) over the past year, making it difficult to compare to the Metals and Mining industry average (-1.7%).
Return on Equity
High ROE: 605123's Return on Equity (9.7%) is considered low.