Zhejiang Fulai New MaterialLtd Past Earnings Performance
Past criteria checks 3/6
Zhejiang Fulai New MaterialLtd's earnings have been declining at an average annual rate of -18.2%, while the Chemicals industry saw earnings growing at 7.8% annually. Revenues have been growing at an average rate of 11.2% per year. Zhejiang Fulai New MaterialLtd's return on equity is 6.1%, and it has net margins of 3.8%.
Key information
-18.2%
Earnings growth rate
-27.4%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 11.2% |
| Return on equity | 6.1% |
| Net Margin | 3.8% |
| Next Earnings Update | 16 Aug 2024 |
Recent past performance updates
Recent updates
Returns On Capital At Zhejiang Fulai New MaterialLtd (SHSE:605488) Paint A Concerning Picture
Jun 03
There Might Be More To Zhejiang Fulai New MaterialLtd's (SHSE:605488) Story Than Just Weak Earnings
Apr 05Zhejiang Fulai New Material Co.,Ltd.'s (SHSE:605488) 28% Share Price Surge Not Quite Adding Up
Apr 03Revenue & Expenses Breakdown
How Zhejiang Fulai 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 | 2,233 | 85 | 157 | 99 |
| 31 Dec 23 | 2,131 | 70 | 144 | 92 |
| 30 Sep 23 | 1,979 | 73 | 124 | 80 |
| 30 Jun 23 | 1,902 | 81 | 114 | 72 |
| 31 Mar 23 | 1,870 | 70 | 109 | 67 |
| 31 Dec 22 | 1,901 | 75 | 112 | 66 |
| 30 Sep 22 | 1,936 | 78 | 118 | 65 |
| 30 Jun 22 | 1,883 | 89 | 116 | 62 |
| 31 Mar 22 | 1,845 | 105 | 115 | 63 |
| 31 Dec 21 | 1,715 | 127 | 111 | 60 |
| 30 Sep 21 | 1,683 | 169 | 101 | 58 |
| 30 Jun 21 | 1,556 | 160 | 96 | 54 |
| 31 Mar 21 | 1,445 | 153 | 97 | 49 |
| 31 Dec 20 | 1,269 | 120 | 90 | 43 |
| 31 Dec 19 | 1,269 | 103 | 109 | 45 |
| 31 Dec 18 | 1,212 | 74 | 109 | 44 |
| 31 Dec 17 | 1,096 | 84 | 92 | 40 |
Quality Earnings: 605488 has a high level of non-cash earnings.
Growing Profit Margin: 605488's current net profit margins (3.8%) are higher than last year (3.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 605488's earnings have declined by 18.2% per year over the past 5 years.
Accelerating Growth: 605488's earnings growth over the past year (21.3%) exceeds its 5-year average (-18.2% per year).
Earnings vs Industry: 605488 earnings growth over the past year (21.3%) exceeded the Chemicals industry -16.4%.
Return on Equity
High ROE: 605488's Return on Equity (6.1%) is considered low.