GuangDong Leary New Material TechnologyLtd Past Earnings Performance
Past criteria checks 2/6
GuangDong Leary New Material TechnologyLtd's earnings have been declining at an average annual rate of -19.2%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 3% per year. GuangDong Leary New Material TechnologyLtd's return on equity is 2.9%, and it has net margins of 6.9%.
Key information
-19.2%
Earnings growth rate
-27.5%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 3.0% |
| Return on equity | 2.9% |
| Net Margin | 6.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
GuangDong Leary New Material TechnologyLtd's (SHSE:688683) Profits May Not Reveal Underlying Issues
Nov 04
GuangDong Leary New Material TechnologyLtd's (SHSE:688683) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 02Recent updates
GuangDong Leary New Material TechnologyLtd's (SHSE:688683) Profits May Not Reveal Underlying Issues
Nov 04There's Reason For Concern Over GuangDong Leary New Material Technology Co.,Ltd.'s (SHSE:688683) Massive 46% Price Jump
Oct 09GuangDong Leary New Material TechnologyLtd's (SHSE:688683) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 02Optimistic Investors Push GuangDong Leary New Material Technology Co.,Ltd (SHSE:688683) Shares Up 27% But Growth Is Lacking
Mar 06Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Sep 24 | 478 | 33 | 52 | 30 |
| 30 Jun 24 | 456 | 30 | 56 | 27 |
| 31 Mar 24 | 446 | 30 | 58 | 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 (6.9%) are lower than last year (7.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688683's earnings have declined by 19.2% per year over the past 5 years.
Accelerating Growth: 688683's earnings growth over the past year (1.4%) exceeds its 5-year average (-19.2% per year).
Earnings vs Industry: 688683 earnings growth over the past year (1.4%) exceeded the Chemicals industry -5.3%.
Return on Equity
High ROE: 688683's Return on Equity (2.9%) is considered low.