Ningxia Orient Tantalum Industry Past Earnings Performance
Past criteria checks 1/6
Ningxia Orient Tantalum Industry has been growing earnings at an average annual rate of 33%, while the Metals and Mining industry saw earnings growing at 11.6% annually. Revenues have been growing at an average rate of 9.3% per year. Ningxia Orient Tantalum Industry's return on equity is 7.4%, and it has net margins of 16.6%.
Key information
33.0%
Earnings growth rate
32.3%
EPS growth rate
| Metals and Mining Industry Growth | 13.1% |
| Revenue growth rate | 9.3% |
| Return on equity | 7.4% |
| Net Margin | 16.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Ningxia Orient Tantalum Industry 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 | 1,074 | 178 | 80 | 41 |
| 31 Dec 23 | 1,108 | 187 | 76 | 39 |
| 30 Sep 23 | 1,043 | 183 | 59 | 41 |
| 31 Mar 23 | 1,024 | 179 | 66 | 43 |
| 01 Jan 23 | 986 | 171 | 74 | 43 |
| 30 Sep 22 | 907 | 122 | 82 | 36 |
| 30 Jun 22 | 879 | 116 | 75 | 41 |
| 31 Mar 22 | 845 | 115 | 69 | 33 |
| 01 Jan 22 | 795 | 81 | 79 | 33 |
| 30 Sep 21 | 883 | 119 | 70 | 36 |
| 30 Jun 21 | 829 | 99 | 75 | 28 |
| 31 Mar 21 | 784 | 70 | 87 | 21 |
| 31 Dec 20 | 676 | 49 | 69 | 19 |
| 30 Sep 20 | 554 | 47 | 66 | 13 |
| 30 Jun 20 | 551 | 54 | 52 | 13 |
| 31 Mar 20 | 524 | 33 | 51 | 12 |
| 31 Dec 19 | 601 | 41 | 58 | 12 |
| 30 Sep 19 | 729 | 43 | 88 | 8 |
| 30 Jun 19 | 882 | 52 | 100 | 9 |
| 31 Mar 19 | 1,029 | 62 | 108 | 11 |
| 31 Dec 18 | 1,095 | 30 | 112 | 13 |
| 30 Sep 18 | 1,056 | -236 | 103 | 20 |
| 30 Jun 18 | 999 | -304 | 86 | 36 |
| 31 Mar 18 | 946 | -356 | 91 | 30 |
| 31 Dec 17 | 945 | -380 | 93 | 29 |
| 30 Sep 17 | 957 | 41 | 111 | 20 |
| 30 Jun 17 | 952 | 72 | 136 | 0 |
| 31 Mar 17 | 924 | 49 | 141 | 0 |
| 31 Dec 16 | 871 | 29 | 148 | 0 |
| 30 Sep 16 | 706 | -470 | 149 | 0 |
| 30 Jun 16 | 861 | -619 | 147 | 0 |
| 31 Mar 16 | 995 | -648 | 149 | 0 |
| 31 Dec 15 | 1,081 | -637 | 147 | 0 |
| 30 Sep 15 | 1,335 | -510 | 144 | 0 |
| 30 Jun 15 | 1,343 | -415 | 158 | 0 |
| 31 Mar 15 | 2,077 | -372 | 164 | 0 |
| 31 Dec 14 | 2,453 | -337 | 168 | 0 |
| 30 Sep 14 | 2,758 | -166 | 187 | 0 |
| 30 Jun 14 | 3,178 | -107 | 181 | 0 |
| 31 Mar 14 | 2,877 | -38 | 162 | 0 |
| 31 Dec 13 | 2,873 | 4 | 155 | 0 |
| 30 Sep 13 | 2,636 | 51 | 131 | 0 |
| 30 Jun 13 | 2,492 | 85 | 141 | 0 |
Quality Earnings: 000962 has a high level of non-cash earnings.
Growing Profit Margin: 000962's current net profit margins (16.6%) are lower than last year (17.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 000962 has become profitable over the past 5 years, growing earnings by 33% per year.
Accelerating Growth: 000962's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 000962 had negative earnings growth (-0.4%) over the past year, making it difficult to compare to the Metals and Mining industry average (-0.6%).
Return on Equity
High ROE: 000962's Return on Equity (7.4%) is considered low.