SINOTECH Past Earnings Performance
Past criteria checks 2/6
SINOTECH's earnings have been declining at an average annual rate of -60%, while the Chemicals industry saw earnings growing at 7.2% annually. Revenues have been declining at an average rate of 10.1% per year. SINOTECH's return on equity is 2.8%, and it has net margins of 3.1%.
Key information
-60.0%
Earnings growth rate
-68.3%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | -10.1% |
| Return on equity | 2.8% |
| Net Margin | 3.1% |
| Next Earnings Update | 30 Aug 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How SINOTECH 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 | 1,653 | 51 | 89 | 84 |
| 31 Dec 23 | 1,544 | 42 | 86 | 81 |
| 30 Sep 23 | 1,261 | -2 | 79 | 82 |
| 30 Jun 23 | 938 | -34 | 70 | 83 |
| 31 Mar 23 | 617 | -70 | 71 | 87 |
| 31 Dec 22 | 447 | -87 | 71 | 88 |
| 30 Sep 22 | 533 | -65 | 78 | 89 |
| 30 Jun 22 | 532 | -51 | 77 | 83 |
| 31 Mar 22 | 756 | -10 | 76 | 80 |
| 31 Dec 21 | 962 | 10 | 74 | 81 |
| 30 Sep 21 | 1,276 | 31 | 75 | 77 |
| 30 Jun 21 | 1,826 | 90 | 75 | 77 |
| 31 Mar 21 | 2,191 | 149 | 82 | 74 |
| 31 Dec 20 | 2,577 | 218 | 95 | 69 |
| 31 Dec 19 | 1,001 | 87 | 50 | 35 |
| 31 Dec 18 | 337 | -59 | 36 | 41 |
| 30 Jun 17 | 192 | 6 | 41 | 0 |
| 31 Mar 17 | 159 | -5 | 39 | 0 |
| 31 Dec 16 | 126 | -15 | 37 | 0 |
| 30 Sep 16 | 128 | -20 | 38 | 0 |
| 30 Jun 16 | 130 | -24 | 38 | 0 |
| 31 Mar 16 | 143 | -21 | 38 | 0 |
| 31 Dec 15 | 157 | -19 | 38 | 0 |
| 31 Dec 14 | 161 | 9 | 31 | 0 |
| 31 Dec 13 | 139 | 0 | 31 | 0 |
Quality Earnings: 688737 has a large one-off gain of CN¥36.8M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 688737 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688737 has become profitable over the past 5 years, growing earnings by -60% per year.
Accelerating Growth: 688737 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 688737 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (-8.9%).
Return on Equity
High ROE: 688737's Return on Equity (2.8%) is considered low.