GuangDong Leary New Material TechnologyLtd Past Earnings Performance
Past criteria checks 0/6
GuangDong Leary New Material TechnologyLtd's earnings have been declining at an average annual rate of -18.4%, while the Chemicals industry saw earnings growing at 8.4% annually. Revenues have been declining at an average rate of 0.4% per year. GuangDong Leary New Material TechnologyLtd's return on equity is 2.5%, and it has net margins of 6.6%.
Key information
-18.4%
Earnings growth rate
-27.6%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | -0.4% |
| Return on equity | 2.5% |
| Net Margin | 6.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How GuangDong Leary New Material TechnologyLtd 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 | 446 | 30 | 57 | 24 |
| 31 Dec 23 | 438 | 29 | 56 | 24 |
| 30 Sep 23 | 453 | 32 | 59 | 23 |
| 30 Jun 23 | 454 | 42 | 58 | 24 |
| 31 Mar 23 | 455 | 45 | 53 | 24 |
| 31 Dec 22 | 476 | 48 | 57 | 26 |
| 30 Sep 22 | 466 | 53 | 48 | 28 |
| 30 Jun 22 | 463 | 59 | 49 | 27 |
| 31 Mar 22 | 463 | 62 | 56 | 26 |
| 31 Dec 21 | 455 | 68 | 55 | 25 |
| 30 Sep 21 | 451 | 68 | 64 | 25 |
| 30 Jun 21 | 464 | 68 | 64 | 27 |
| 31 Mar 21 | 439 | 71 | 57 | 24 |
| 31 Dec 20 | 401 | 63 | 54 | 23 |
| 30 Sep 20 | 384 | 63 | 89 | 35 |
| 31 Dec 19 | 381 | 61 | 50 | 20 |
| 31 Dec 18 | 386 | 56 | 49 | 20 |
| 31 Dec 17 | 366 | 47 | 58 | 20 |
Quality Earnings: 688683 has a high level of non-cash earnings.
Growing Profit Margin: 688683's current net profit margins (6.6%) are lower than last year (10%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688683's earnings have declined by 18.4% per year over the past 5 years.
Accelerating Growth: 688683's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688683 had negative earnings growth (-35%) over the past year, making it difficult to compare to the Chemicals industry average (-18.9%).
Return on Equity
High ROE: 688683's Return on Equity (2.5%) is considered low.