Zhejiang Kan Specialities Material Past Earnings Performance
Past criteria checks 2/6
Zhejiang Kan Specialities Material has been growing earnings at an average annual rate of 3.1%, while the Forestry industry saw earnings growing at 1% annually. Revenues have been declining at an average rate of 2.4% per year. Zhejiang Kan Specialities Material's return on equity is 0.9%, and it has net margins of 0.6%.
Key information
3.1%
Earnings growth rate
2.5%
EPS growth rate
| Forestry Industry Growth | 7.7% |
| Revenue growth rate | -2.4% |
| Return on equity | 0.9% |
| Net Margin | 0.6% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses Breakdown
How Zhejiang Kan Specialities Material 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 | 681 | 4 | 70 | 34 |
| 31 Dec 23 | 826 | 47 | 84 | 44 |
| 30 Sep 23 | 997 | 55 | 93 | 63 |
| 30 Jun 23 | 1,150 | 68 | 90 | 72 |
| 31 Mar 23 | 1,362 | 89 | 116 | 85 |
| 01 Jan 23 | 1,392 | 53 | 112 | 96 |
| 30 Sep 22 | 1,465 | 94 | 103 | 101 |
| 30 Jun 22 | 1,565 | 95 | 135 | 111 |
| 31 Mar 22 | 1,629 | 83 | 134 | 114 |
| 01 Jan 22 | 1,830 | 94 | 148 | 116 |
| 30 Sep 21 | 1,971 | 96 | 165 | 122 |
| 30 Jun 21 | 1,941 | 103 | 164 | 120 |
| 31 Mar 21 | 1,800 | 108 | 164 | 115 |
| 31 Dec 20 | 1,550 | 93 | 161 | 109 |
| 30 Sep 20 | 1,311 | 69 | 158 | 96 |
| 30 Jun 20 | 1,212 | 66 | 152 | 88 |
| 31 Mar 20 | 1,144 | 55 | 144 | 82 |
| 31 Dec 19 | 1,152 | 46 | 136 | 80 |
| 30 Sep 19 | 1,146 | 45 | 135 | 83 |
| 30 Jun 19 | 1,135 | 31 | 129 | 86 |
| 31 Mar 19 | 1,137 | 21 | 129 | 85 |
| 31 Dec 18 | 1,128 | 25 | 129 | 79 |
| 30 Sep 18 | 1,139 | 25 | 144 | 72 |
| 30 Jun 18 | 1,103 | 19 | 108 | 102 |
| 31 Mar 18 | 1,074 | 19 | 122 | 85 |
| 31 Dec 17 | 1,028 | 31 | 132 | 70 |
| 30 Sep 17 | 1,011 | 49 | 134 | 52 |
| 30 Jun 17 | 992 | 33 | 191 | 0 |
| 31 Mar 17 | 965 | 32 | 189 | 0 |
| 31 Dec 16 | 943 | 9 | 195 | 0 |
| 30 Sep 16 | 883 | -17 | 198 | 0 |
| 30 Jun 16 | 876 | -1 | 193 | 0 |
| 31 Mar 16 | 891 | 5 | 193 | 0 |
| 31 Dec 15 | 893 | 19 | 184 | 0 |
| 30 Sep 15 | 891 | 25 | 186 | 0 |
| 30 Jun 15 | 917 | 27 | 183 | 0 |
| 31 Mar 15 | 932 | 39 | 174 | 0 |
| 31 Dec 14 | 933 | 41 | 171 | 0 |
| 30 Sep 14 | 977 | 2 | 172 | 0 |
| 30 Jun 14 | 968 | 13 | 170 | 0 |
| 31 Mar 14 | 971 | 9 | 169 | 0 |
| 31 Dec 13 | 980 | 15 | 169 | 0 |
| 30 Sep 13 | 949 | 66 | 145 | 0 |
| 30 Jun 13 | 926 | 73 | 137 | 0 |
Quality Earnings: 002012 has high quality earnings.
Growing Profit Margin: 002012's current net profit margins (0.6%) are lower than last year (6.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002012's earnings have grown by 3.1% per year over the past 5 years.
Accelerating Growth: 002012's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002012 had negative earnings growth (-95.3%) over the past year, making it difficult to compare to the Forestry industry average (9.7%).
Return on Equity
High ROE: 002012's Return on Equity (0.9%) is considered low.