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 19.4%, while the Chemicals industry saw earnings growing at 8.4% annually. Revenues have been declining at an average rate of 29.4% per year. Shaoxing Xingxin New MaterialLtd's return on equity is 7.4%, and it has net margins of 21.1%.
Key information
19.4%
Earnings growth rate
19.5%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | -29.4% |
| Return on equity | 7.4% |
| Net Margin | 21.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 31 Mar 24 | 539 | 114 | 42 | 27 |
| 31 Dec 23 | 630 | 142 | 39 | 26 |
| 30 Sep 23 | 701 | 162 | 41 | 29 |
| 30 Jun 23 | 719 | 165 | 35 | 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 (21.1%) are lower than last year (24.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 001358's earnings have grown by 19.4% 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 (-40.2%) over the past year, making it difficult to compare to the Chemicals industry average (-19.5%).
Return on Equity
High ROE: 001358's Return on Equity (7.4%) is considered low.