Daqing Huake Past Earnings Performance
Past criteria checks 3/6
Daqing Huake's earnings have been declining at an average annual rate of -33.8%, while the Chemicals industry saw earnings growing at 6.2% annually. Revenues have been growing at an average rate of 2.1% per year. Daqing Huake's return on equity is 2.3%, and it has net margins of 0.7%.
Key information
-33.8%
Earnings growth rate
-32.3%
EPS growth rate
Chemicals Industry Growth | 12.1% |
Revenue growth rate | 2.1% |
Return on equity | 2.3% |
Net Margin | 0.7% |
Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Daqing Huake 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 | 1,852 | 14 | 84 | 4 |
31 Mar 24 | 1,854 | 7 | 78 | 7 |
31 Dec 23 | 2,000 | 6 | 74 | 10 |
30 Sep 23 | 2,008 | -20 | 54 | 15 |
30 Jun 23 | 2,394 | 7 | 63 | 15 |
31 Mar 23 | 2,622 | 5 | 60 | 16 |
01 Jan 23 | 2,609 | 15 | 66 | 16 |
30 Sep 22 | 2,577 | 22 | 65 | 13 |
30 Jun 22 | 2,405 | 17 | 73 | 11 |
31 Mar 22 | 2,237 | 28 | 72 | 9 |
01 Jan 22 | 2,073 | 13 | 74 | 8 |
30 Sep 21 | 1,950 | 11 | 67 | 8 |
30 Jun 21 | 1,891 | 20 | 72 | 9 |
31 Mar 21 | 1,764 | 34 | 71 | 9 |
31 Dec 20 | 1,763 | 12 | 71 | 9 |
30 Sep 20 | 1,822 | 4 | 75 | 8 |
30 Jun 20 | 1,943 | 15 | 76 | 9 |
31 Mar 20 | 2,078 | 12 | 81 | 9 |
31 Dec 19 | 2,156 | 45 | 86 | 10 |
30 Sep 19 | 2,261 | 61 | 92 | 11 |
30 Jun 19 | 1,841 | 28 | 90 | 10 |
31 Mar 19 | 1,760 | 12 | 89 | 10 |
01 Jan 19 | 1,690 | -3 | 82 | 9 |
30 Sep 18 | 1,552 | 2 | 87 | 10 |
30 Jun 18 | 1,769 | 27 | 74 | 13 |
31 Mar 18 | 1,652 | 24 | 74 | 11 |
31 Dec 17 | 1,530 | 48 | 75 | 9 |
30 Sep 17 | 1,412 | 50 | 73 | 6 |
30 Jun 17 | 1,304 | 40 | 79 | 0 |
31 Mar 17 | 1,197 | 50 | 77 | 0 |
31 Dec 16 | 1,033 | 33 | 76 | 0 |
30 Sep 16 | 915 | 24 | 75 | 0 |
30 Jun 16 | 806 | 0 | 77 | 0 |
31 Mar 16 | 717 | -16 | 76 | 0 |
31 Dec 15 | 790 | -17 | 78 | 0 |
30 Sep 15 | 890 | -26 | 76 | 0 |
30 Jun 15 | 1,090 | -12 | 72 | 0 |
31 Mar 15 | 1,330 | 3 | 74 | 0 |
31 Dec 14 | 1,423 | 14 | 71 | 0 |
30 Sep 14 | 1,467 | 29 | 76 | 0 |
30 Jun 14 | 1,399 | 28 | 71 | 0 |
31 Mar 14 | 1,327 | 29 | 73 | 0 |
31 Dec 13 | 1,175 | 10 | 70 | 0 |
30 Sep 13 | 1,158 | 5 | 70 | 0 |
Quality Earnings: 000985 has a large one-off loss of CN¥5.4M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: 000985's current net profit margins (0.7%) are higher than last year (0.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 000985's earnings have declined by 33.8% per year over the past 5 years.
Accelerating Growth: 000985's earnings growth over the past year (107.6%) exceeds its 5-year average (-33.8% per year).
Earnings vs Industry: 000985 earnings growth over the past year (107.6%) exceeded the Chemicals industry -4.8%.
Return on Equity
High ROE: 000985's Return on Equity (2.3%) is considered low.