Xinxing Ductile Iron Pipes Past Earnings Performance
Past criteria checks 0/6
Xinxing Ductile Iron Pipes's earnings have been declining at an average annual rate of -6%, while the Metals and Mining industry saw earnings growing at 10.2% annually. Revenues have been growing at an average rate of 1.3% per year. Xinxing Ductile Iron Pipes's return on equity is 3.2%, and it has net margins of 2.5%.
Key information
-6.0%
Earnings growth rate
-6.0%
EPS growth rate
| Metals and Mining Industry Growth | 13.1% |
| Revenue growth rate | 1.3% |
| Return on equity | 3.2% |
| Net Margin | 2.5% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Calculating The Fair Value Of Xinxing Ductile Iron Pipes Co., Ltd. (SZSE:000778)
Jul 30
Xinxing Ductile Iron Pipes (SZSE:000778) Is Paying Out Less In Dividends Than Last Year
Jul 12Xinxing Ductile Iron Pipes Co., Ltd.'s (SZSE:000778) Price Is Right But Growth Is Lacking
Jun 11Xinxing Ductile Iron Pipes (SZSE:000778) Is Reinvesting At Lower Rates Of Return
May 24Xinxing Ductile Iron Pipes' (SZSE:000778) Shareholders Have More To Worry About Than Only Soft Earnings
May 02Downgrade: Here's How Analysts See Xinxing Ductile Iron Pipes Co., Ltd. (SZSE:000778) Performing In The Near Term
Apr 17Revenue & Expenses Breakdown
How Xinxing Ductile Iron Pipes 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 Jun 24 | 37,464 | 940 | 1,029 | 384 |
| 31 Mar 24 | 40,527 | 1,181 | 1,066 | 371 |
| 31 Dec 23 | 43,253 | 1,351 | 1,083 | 377 |
| 30 Sep 23 | 45,604 | 1,387 | 1,100 | 387 |
| 30 Jun 23 | 45,320 | 1,450 | 1,086 | 394 |
| 31 Mar 23 | 46,615 | 1,448 | 1,069 | 449 |
| 01 Jan 23 | 47,760 | 1,676 | 1,109 | 497 |
| 30 Sep 22 | 49,732 | 1,470 | 1,265 | 616 |
| 30 Jun 22 | 51,641 | 1,739 | 1,434 | 619 |
| 31 Mar 22 | 53,033 | 2,143 | 1,455 | 563 |
| 01 Jan 22 | 53,301 | 2,007 | 1,471 | 529 |
| 30 Sep 21 | 53,486 | 2,283 | 1,051 | 431 |
| 30 Jun 21 | 51,773 | 2,274 | 1,258 | 427 |
| 31 Mar 21 | 48,033 | 1,886 | 1,532 | 441 |
| 01 Jan 21 | 42,961 | 1,812 | 1,735 | 413 |
| 30 Sep 20 | 40,320 | 1,635 | 2,327 | 397 |
| 30 Jun 20 | 39,441 | 1,549 | 2,261 | 381 |
| 31 Mar 20 | 38,511 | 1,537 | 2,373 | 333 |
| 01 Jan 20 | 40,890 | 1,497 | 2,293 | 321 |
| 30 Sep 19 | 40,904 | 1,597 | 2,498 | 279 |
| 30 Jun 19 | 41,662 | 1,786 | 2,216 | 267 |
| 31 Mar 19 | 41,662 | 2,042 | 2,090 | 262 |
| 01 Jan 19 | 40,547 | 2,101 | 2,102 | 253 |
| 30 Sep 18 | 37,772 | 2,093 | 1,929 | 260 |
| 30 Jun 18 | 36,287 | 1,723 | 1,974 | 252 |
| 31 Mar 18 | 38,781 | 1,238 | 1,922 | 195 |
| 31 Dec 17 | 41,369 | 1,090 | 1,845 | 152 |
| 30 Sep 17 | 46,829 | 1,021 | 1,553 | 78 |
| 30 Jun 17 | 50,454 | 753 | 1,765 | 0 |
| 31 Mar 17 | 52,982 | 632 | 1,666 | 0 |
| 31 Dec 16 | 52,160 | 440 | 1,719 | 0 |
| 30 Sep 16 | 53,085 | 533 | 1,697 | 0 |
| 30 Jun 16 | 50,129 | 439 | 1,685 | 0 |
| 31 Mar 16 | 48,089 | 593 | 1,722 | 0 |
| 31 Dec 15 | 50,031 | 600 | 1,720 | 0 |
| 30 Sep 15 | 49,761 | 457 | 1,580 | 0 |
| 30 Jun 15 | 53,702 | 676 | 1,647 | 0 |
| 31 Mar 15 | 57,518 | 627 | 1,770 | 0 |
| 31 Dec 14 | 60,793 | 835 | 1,849 | 0 |
| 30 Sep 14 | 63,670 | 1,241 | 2,209 | 0 |
| 30 Jun 14 | 63,833 | 1,129 | 2,192 | 0 |
| 31 Mar 14 | 64,122 | 958 | 2,070 | 0 |
| 31 Dec 13 | 63,064 | 1,031 | 1,980 | 0 |
| 30 Sep 13 | 61,785 | 924 | 1,824 | 0 |
Quality Earnings: 000778 has a large one-off gain of CN¥409.1M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: 000778's current net profit margins (2.5%) are lower than last year (3.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 000778's earnings have declined by 6% per year over the past 5 years.
Accelerating Growth: 000778's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 000778 had negative earnings growth (-35.2%) over the past year, making it difficult to compare to the Metals and Mining industry average (6.2%).
Return on Equity
High ROE: 000778's Return on Equity (3.2%) is considered low.