Zhejiang Fulai New MaterialLtd Past Earnings Performance
Past criteria checks 2/6
Zhejiang Fulai New MaterialLtd's earnings have been declining at an average annual rate of -15.4%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 12.7% per year. Zhejiang Fulai New MaterialLtd's return on equity is 5.5%, and it has net margins of 3.5%.
Key information
-15.4%
Earnings growth rate
-24.1%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 12.7% |
| Return on equity | 5.5% |
| Net Margin | 3.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Zhejiang Fulai New Material Co.,Ltd.'s (SHSE:605488) 33% Price Boost Is Out Of Tune With Earnings
Dec 02
Returns On Capital At Zhejiang Fulai New MaterialLtd (SHSE:605488) Paint A Concerning Picture
Oct 24There's No Escaping Zhejiang Fulai New Material Co.,Ltd.'s (SHSE:605488) Muted Earnings
Sep 27Returns On Capital At Zhejiang Fulai New MaterialLtd (SHSE:605488) Paint A Concerning Picture
Jun 03There 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 |
|---|---|---|---|---|
| 30 Sep 24 | 2,352 | 83 | 168 | 101 |
| 30 Jun 24 | 2,325 | 92 | 165 | 102 |
| 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 (3.5%) are lower than last year (3.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 605488's earnings have declined by 15.4% per year over the past 5 years.
Accelerating Growth: 605488's earnings growth over the past year (13.1%) exceeds its 5-year average (-15.4% per year).
Earnings vs Industry: 605488 earnings growth over the past year (13.1%) exceeded the Chemicals industry -4.7%.
Return on Equity
High ROE: 605488's Return on Equity (5.5%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 17:04 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhejiang Fulai New Material Co.,Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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