Beijing Tongyizhong New Material Technology Past Earnings Performance
Past criteria checks 1/6
Beijing Tongyizhong New Material Technology has been growing earnings at an average annual rate of 34.8%, while the Chemicals industry saw earnings growing at 8.4% annually. Revenues have been growing at an average rate of 28.4% per year. Beijing Tongyizhong New Material Technology's return on equity is 9.2%, and it has net margins of 22.9%.
Key information
34.8%
Earnings growth rate
19.1%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 28.4% |
| Return on equity | 9.2% |
| Net Margin | 22.9% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Beijing Tongyizhong New Material Technology 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 | 512 | 117 | 46 | 38 |
| 31 Dec 23 | 640 | 154 | 46 | 39 |
| 30 Sep 23 | 677 | 170 | 48 | 35 |
| 30 Jun 23 | 724 | 191 | 48 | 33 |
| 31 Mar 23 | 695 | 189 | 46 | 34 |
| 31 Dec 22 | 616 | 171 | 41 | 30 |
| 30 Sep 22 | 550 | 145 | 35 | 30 |
| 30 Jun 22 | 458 | 98 | 35 | 28 |
| 31 Mar 22 | 370 | 70 | 29 | 24 |
| 31 Dec 21 | 331 | 53 | 29 | 22 |
| 30 Sep 21 | 328 | 56 | 27 | 20 |
| 30 Jun 21 | 292 | 48 | 24 | 19 |
| 31 Mar 21 | 293 | 57 | 25 | 20 |
| 01 Jan 21 | 283 | 57 | 24 | 19 |
| 31 Dec 19 | 301 | 47 | 28 | 13 |
| 31 Dec 18 | 292 | 45 | 25 | 11 |
| 31 Dec 17 | 278 | 41 | 23 | 9 |
Quality Earnings: 688722 has a high level of non-cash earnings.
Growing Profit Margin: 688722's current net profit margins (22.9%) are lower than last year (27.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688722's earnings have grown significantly by 34.8% per year over the past 5 years.
Accelerating Growth: 688722's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688722 had negative earnings growth (-37.8%) over the past year, making it difficult to compare to the Chemicals industry average (-18.9%).
Return on Equity
High ROE: 688722's Return on Equity (9.2%) is considered low.