Shaoxing Xingxin New MaterialLtd Past Earnings Performance
Past criteria checks 2/6
Shaoxing Xingxin New MaterialLtd has been growing earnings at an average annual rate of 9.9%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 9% per year. Shaoxing Xingxin New MaterialLtd's return on equity is 5.1%, and it has net margins of 16.3%.
Key information
9.9%
Earnings growth rate
8.6%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 9.0% |
| Return on equity | 5.1% |
| Net Margin | 16.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Shaoxing Xingxin New MaterialLtd 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 Sep 24 | 460 | 75 | 50 | 24 |
| 30 Jun 24 | 485 | 90 | 46 | 25 |
| 31 Mar 24 | 539 | 114 | 42 | 27 |
| 31 Dec 23 | 630 | 142 | 39 | 26 |
| 30 Sep 23 | 701 | 162 | 41 | 29 |
| 30 Jun 23 | 720 | 165 | 37 | 25 |
| 31 Mar 23 | 764 | 190 | 40 | 26 |
| 01 Jan 23 | 774 | 209 | 42 | 29 |
| 31 Dec 21 | 506 | 116 | 34 | 19 |
| 31 Dec 20 | 373 | 51 | 30 | 12 |
| 31 Dec 19 | 311 | 60 | 35 | 11 |
| 31 Dec 18 | 302 | 62 | 31 | 10 |
| 31 Dec 17 | 243 | 39 | 27 | 9 |
Quality Earnings: 001358 has high quality earnings.
Growing Profit Margin: 001358's current net profit margins (16.3%) are lower than last year (23.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 001358's earnings have grown by 9.9% per year over the past 5 years.
Accelerating Growth: 001358's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 001358 had negative earnings growth (-53.5%) over the past year, making it difficult to compare to the Chemicals industry average (-3.6%).
Return on Equity
High ROE: 001358's Return on Equity (5.1%) is considered low.