GRIPM Advanced Materials Past Earnings Performance
Past criteria checks 3/6
GRIPM Advanced Materials's earnings have been declining at an average annual rate of -22.2%, while the Metals and Mining industry saw earnings growing at 11.6% annually. Revenues have been growing at an average rate of 4.4% per year. GRIPM Advanced Materials's return on equity is 4.8%, and it has net margins of 2%.
Key information
-22.2%
Earnings growth rate
-32.0%
EPS growth rate
| Metals and Mining Industry Growth | 13.1% |
| Revenue growth rate | 4.4% |
| Return on equity | 4.8% |
| Net Margin | 2.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
GRIPM Advanced Materials Co., Ltd. (SHSE:688456) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable
May 21
GRIPM Advanced Materials (SHSE:688456) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 06GRIPM Advanced Materials (SHSE:688456) Will Be Hoping To Turn Its Returns On Capital Around
Apr 17Revenue & Expenses Breakdown
How GRIPM Advanced 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 | 2,734 | 54 | 85 | 110 |
| 31 Dec 23 | 2,681 | 55 | 81 | 106 |
| 30 Sep 23 | 2,653 | 55 | 67 | 104 |
| 30 Jun 23 | 2,484 | 53 | 66 | 96 |
| 31 Mar 23 | 2,628 | 51 | 67 | 93 |
| 31 Dec 22 | 2,781 | 55 | 67 | 92 |
| 30 Sep 22 | 2,935 | 70 | 76 | 105 |
| 30 Jun 22 | 3,079 | 80 | 70 | 103 |
| 31 Mar 22 | 2,969 | 82 | 68 | 101 |
| 31 Dec 21 | 2,781 | 81 | 68 | 101 |
| 30 Sep 21 | 2,510 | 138 | 64 | 89 |
| 30 Jun 21 | 2,267 | 138 | 68 | 81 |
| 31 Mar 21 | 1,987 | 139 | 59 | 80 |
| 31 Dec 20 | 1,736 | 132 | 57 | 65 |
| 31 Dec 19 | 1,712 | 60 | 76 | 58 |
| 31 Dec 18 | 1,798 | 62 | 75 | 57 |
| 31 Dec 17 | 1,641 | 47 | 68 | 49 |
Quality Earnings: 688456 has a large one-off gain of CN¥44.7M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 688456's current net profit margins (2%) are higher than last year (1.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688456's earnings have declined by 22.2% per year over the past 5 years.
Accelerating Growth: 688456's earnings growth over the past year (7%) exceeds its 5-year average (-22.2% per year).
Earnings vs Industry: 688456 earnings growth over the past year (7%) exceeded the Metals and Mining industry -0.7%.
Return on Equity
High ROE: 688456's Return on Equity (4.8%) is considered low.