China Rare Earth Resources And Technology Past Earnings Performance
Past criteria checks 1/6
China Rare Earth Resources And Technology has been growing earnings at an average annual rate of 30.1%, while the Metals and Mining industry saw earnings growing at 11.6% annually. Revenues have been growing at an average rate of 24.4% per year. China Rare Earth Resources And Technology's return on equity is 0.9%, and it has net margins of 0.8%.
Key information
30.1%
Earnings growth rate
29.7%
EPS growth rate
| Metals and Mining Industry Growth | 13.1% |
| Revenue growth rate | 24.4% |
| Return on equity | 0.9% |
| Net Margin | 0.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How China Rare Earth Resources And 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 | 2,620 | 20 | 83 | 46 |
| 31 Dec 23 | 3,988 | 418 | 85 | 40 |
| 30 Sep 23 | 4,343 | 616 | 79 | 25 |
| 30 Jun 23 | 4,331 | 599 | 74 | 26 |
| 31 Mar 23 | 4,678 | 710 | 70 | 27 |
| 01 Jan 23 | 4,216 | 769 | 78 | 25 |
| 30 Sep 22 | 4,139 | 366 | 54 | 16 |
| 30 Jun 22 | 3,600 | 331 | 55 | 16 |
| 31 Mar 22 | 3,411 | 262 | 63 | 16 |
| 01 Jan 22 | 2,973 | 195 | 52 | 15 |
| 30 Sep 21 | 2,695 | 342 | 47 | 16 |
| 30 Jun 21 | 2,536 | 289 | 47 | 15 |
| 31 Mar 21 | 2,111 | 369 | 13 | 14 |
| 31 Dec 20 | 1,656 | 279 | 11 | 13 |
| 30 Sep 20 | 1,318 | 159 | 29 | 12 |
| 30 Jun 20 | 1,331 | 197 | 28 | 11 |
| 31 Mar 20 | 1,552 | 85 | 62 | 12 |
| 31 Dec 19 | 1,647 | 86 | 64 | 11 |
| 30 Sep 19 | 1,629 | 83 | 50 | 11 |
| 30 Jun 19 | 1,644 | 82 | 50 | 9 |
| 31 Mar 19 | 1,227 | 87 | 44 | 6 |
| 31 Dec 18 | 925 | 102 | 47 | 5 |
| 30 Sep 18 | 699 | 74 | 45 | 5 |
| 30 Jun 18 | 732 | 72 | 45 | 7 |
| 31 Mar 18 | 719 | 49 | 46 | 6 |
| 31 Dec 17 | 716 | 31 | 48 | 5 |
| 30 Sep 17 | 962 | 99 | 48 | 3 |
| 30 Jun 17 | 641 | 81 | 53 | 0 |
| 31 Mar 17 | 490 | 42 | 64 | 0 |
| 31 Dec 16 | 448 | 19 | 69 | 0 |
| 30 Sep 16 | 123 | -368 | 93 | 0 |
| 30 Jun 16 | 214 | -435 | 91 | 0 |
| 31 Mar 16 | 453 | -416 | 77 | 0 |
| 31 Dec 15 | 459 | -397 | 70 | 0 |
| 30 Sep 15 | 631 | -124 | 29 | 0 |
| 30 Jun 15 | 827 | -12 | 38 | 0 |
| 31 Mar 15 | 756 | -53 | 34 | 0 |
| 31 Dec 14 | 702 | -56 | 39 | 0 |
| 30 Sep 14 | 2,013 | 204 | 77 | 0 |
| 30 Jun 14 | 1,896 | 203 | 65 | 0 |
| 31 Mar 14 | 1,788 | 228 | 76 | 0 |
| 31 Dec 13 | 1,994 | 255 | 69 | 0 |
| 30 Sep 13 | 1,478 | 240 | 81 | 0 |
| 30 Jun 13 | 1,929 | 93 | 116 | 0 |
Quality Earnings: 000831 has a large one-off loss of CN¥204.9M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 000831's current net profit margins (0.8%) are lower than last year (15.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 000831's earnings have grown significantly by 30.1% per year over the past 5 years.
Accelerating Growth: 000831's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 000831 had negative earnings growth (-97.2%) over the past year, making it difficult to compare to the Metals and Mining industry average (-1.2%).
Return on Equity
High ROE: 000831's Return on Equity (0.9%) is considered low.