Jiangxi Chenguang New Materials Past Earnings Performance
Past criteria checks 1/6
Jiangxi Chenguang New Materials has been growing earnings at an average annual rate of 15.7%, while the Chemicals industry saw earnings growing at 8.4% annually. Revenues have been growing at an average rate of 0.3% per year. Jiangxi Chenguang New Materials's return on equity is 3.9%, and it has net margins of 7.5%.
Key information
15.7%
Earnings growth rate
9.7%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 0.3% |
| Return on equity | 3.9% |
| Net Margin | 7.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Jiangxi Chenguang 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 | 1,155 | 86 | 93 | 54 |
| 31 Dec 23 | 1,165 | 101 | 91 | 55 |
| 30 Sep 23 | 1,250 | 156 | 72 | 67 |
| 30 Jun 23 | 1,417 | 301 | 66 | 72 |
| 31 Mar 23 | 1,698 | 489 | 64 | 75 |
| 31 Dec 22 | 1,947 | 639 | 63 | 76 |
| 30 Sep 22 | 2,176 | 796 | 73 | 70 |
| 30 Jun 22 | 2,150 | 785 | 66 | 67 |
| 31 Mar 22 | 1,962 | 664 | 64 | 59 |
| 31 Dec 21 | 1,697 | 537 | 61 | 55 |
| 30 Sep 21 | 1,341 | 351 | 50 | 46 |
| 30 Jun 21 | 1,073 | 235 | 50 | 40 |
| 31 Mar 21 | 872 | 169 | 52 | 37 |
| 31 Dec 20 | 746 | 128 | 39 | 28 |
| 30 Sep 20 | 705 | 117 | 57 | 24 |
| 30 Jun 20 | 709 | 120 | 47 | 24 |
| 31 Mar 20 | 690 | 117 | 57 | 27 |
| 31 Dec 19 | 690 | 119 | 57 | 27 |
| 31 Dec 18 | 671 | 134 | 51 | 20 |
| 31 Dec 17 | 475 | 17 | 90 | 12 |
| 31 Dec 16 | 332 | 32 | 36 | 8 |
Quality Earnings: 605399 has a high level of non-cash earnings.
Growing Profit Margin: 605399's current net profit margins (7.5%) are lower than last year (28.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 605399's earnings have grown by 15.7% per year over the past 5 years.
Accelerating Growth: 605399's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 605399 had negative earnings growth (-82.4%) over the past year, making it difficult to compare to the Chemicals industry average (-18.9%).
Return on Equity
High ROE: 605399's Return on Equity (3.9%) is considered low.