Shanghai Chemspec Past Earnings Performance
Past criteria checks 1/6
Shanghai Chemspec has been growing earnings at an average annual rate of 0.9%, while the Chemicals industry saw earnings growing at 7.8% annually. Revenues have been declining at an average rate of 21.3% per year. Shanghai Chemspec's return on equity is 3.9%, and it has net margins of 11.9%.
Key information
0.9%
Earnings growth rate
-6.3%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | -21.3% |
| Return on equity | 3.9% |
| Net Margin | 11.9% |
| Next Earnings Update | 20 Aug 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Shanghai Chemspec 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 | 929 | 110 | 86 | 85 |
| 31 Dec 23 | 980 | 113 | 93 | 87 |
| 30 Sep 23 | 1,062 | 150 | 112 | 87 |
| 31 Dec 22 | 1,238 | 181 | 97 | 87 |
| 31 Dec 21 | 1,005 | 134 | 84 | 75 |
| 31 Dec 20 | 629 | 90 | 112 | 47 |
| 31 Dec 19 | 687 | 141 | 72 | 46 |
| 31 Dec 18 | 704 | 325 | 97 | 42 |
| 31 Dec 17 | 637 | 132 | 67 | 42 |
| 31 Dec 16 | 599 | 117 | 46 | 39 |
Quality Earnings: 688602 has a large one-off gain of CN¥41.7M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 688602's current net profit margins (11.9%) are lower than last year (14.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688602's earnings have grown by 0.9% per year over the past 5 years.
Accelerating Growth: 688602's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688602 had negative earnings growth (-35.3%) over the past year, making it difficult to compare to the Chemicals industry average (-16.4%).
Return on Equity
High ROE: 688602's Return on Equity (3.9%) is considered low.