Xi'an Manareco New MaterialsLtd Past Earnings Performance
Past criteria checks 5/6
Xi'an Manareco New MaterialsLtd has been growing earnings at an average annual rate of 1.1%, while the Chemicals industry saw earnings growing at 6.2% annually. Revenues have been declining at an average rate of 7.4% per year. Xi'an Manareco New MaterialsLtd's return on equity is 5.9%, and it has net margins of 13.3%.
Key information
1.1%
Earnings growth rate
-4.6%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | -7.4% |
| Return on equity | 5.9% |
| Net Margin | 13.3% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Xi'an Manareco New MaterialsLtd 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 Jun 24 | 1,286 | 171 | 214 | 103 |
| 31 Mar 24 | 1,262 | 154 | 204 | 98 |
| 31 Dec 23 | 1,208 | 134 | 197 | 95 |
| 30 Sep 23 | 1,223 | 135 | 197 | 100 |
| 30 Jun 23 | 1,199 | 144 | 195 | 98 |
| 31 Mar 23 | 1,329 | 181 | 203 | 102 |
| 31 Dec 22 | 1,480 | 247 | 208 | 104 |
| 30 Sep 22 | 1,581 | 281 | 210 | 103 |
| 30 Jun 22 | 1,736 | 300 | 217 | 99 |
| 31 Mar 22 | 1,643 | 269 | 206 | 91 |
| 31 Dec 21 | 1,526 | 240 | 198 | 83 |
| 30 Sep 21 | 1,456 | 220 | 193 | 76 |
| 30 Jun 21 | 1,263 | 194 | 175 | 62 |
| 31 Mar 21 | 1,146 | 195 | 163 | 52 |
| 31 Dec 20 | 1,050 | 175 | 153 | 42 |
| 30 Sep 20 | 941 | 150 | 146 | 36 |
| 30 Jun 20 | 923 | 145 | 147 | 35 |
| 31 Mar 20 | 932 | 137 | 145 | 37 |
| 31 Dec 19 | 990 | 148 | 151 | 39 |
| 31 Dec 18 | 857 | 95 | 132 | 28 |
| 31 Dec 17 | 719 | 78 | 113 | 25 |
| 30 Sep 17 | 685 | 78 | 132 | 0 |
| 30 Jun 17 | 652 | 78 | 127 | 0 |
| 31 Mar 17 | 605 | 67 | 121 | 0 |
| 31 Dec 16 | 558 | 56 | 116 | 0 |
| 30 Sep 16 | 533 | 39 | 123 | 0 |
| 30 Jun 16 | 508 | 21 | 130 | 0 |
| 31 Mar 16 | 504 | 22 | 127 | 0 |
| 31 Dec 15 | 499 | 23 | 125 | 0 |
| 31 Dec 14 | 411 | 25 | 90 | 0 |
| 31 Dec 13 | 351 | -6 | 84 | 0 |
Quality Earnings: 688550 has high quality earnings.
Growing Profit Margin: 688550's current net profit margins (13.3%) are higher than last year (12%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688550's earnings have grown by 1.1% per year over the past 5 years.
Accelerating Growth: 688550's earnings growth over the past year (19.2%) exceeds its 5-year average (1.1% per year).
Earnings vs Industry: 688550 earnings growth over the past year (19.2%) exceeded the Chemicals industry -4.7%.
Return on Equity
High ROE: 688550's Return on Equity (5.9%) is considered low.