Sinosteel New Materials Past Earnings Performance
Past criteria checks 1/6
Sinosteel New Materials has been growing earnings at an average annual rate of 16.4%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 14.9% per year. Sinosteel New Materials's return on equity is 6.2%, and it has net margins of 7%.
Key information
16.4%
Earnings growth rate
10.7%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 14.9% |
| Return on equity | 6.2% |
| Net Margin | 7.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Sinosteel New Materials 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 | 2,658 | 186 | 251 | 144 |
| 30 Jun 24 | 2,659 | 207 | 244 | 139 |
| 31 Mar 24 | 2,772 | 270 | 1 | -8 |
| 31 Dec 23 | 2,771 | 275 | 277 | 147 |
| 30 Sep 23 | 2,743 | 357 | 228 | 127 |
| 30 Jun 23 | 2,738 | 363 | 234 | 142 |
| 31 Mar 23 | 2,674 | 385 | 218 | 145 |
| 01 Jan 23 | 2,762 | 390 | 216 | 152 |
| 30 Sep 22 | 2,884 | 340 | 250 | 176 |
| 30 Jun 22 | 2,905 | 309 | 245 | 171 |
| 31 Mar 22 | 2,827 | 249 | 224 | 170 |
| 01 Jan 22 | 2,614 | 216 | 224 | 149 |
| 30 Sep 21 | 2,362 | 206 | 164 | 128 |
| 30 Jun 21 | 2,151 | 203 | 164 | 118 |
| 31 Mar 21 | 1,920 | 187 | 158 | 106 |
| 31 Dec 20 | 1,672 | 173 | 136 | 94 |
| 30 Sep 20 | 1,515 | 154 | 155 | 81 |
| 30 Jun 20 | 1,370 | 135 | 138 | 70 |
| 31 Mar 20 | 1,292 | 106 | 145 | 64 |
| 31 Dec 19 | 1,381 | 137 | 145 | 71 |
| 30 Sep 19 | 1,315 | 121 | 147 | 77 |
| 30 Jun 19 | 1,333 | 129 | 141 | 74 |
| 31 Mar 19 | 1,303 | 132 | 137 | 67 |
| 31 Dec 18 | 1,279 | 122 | 136 | 64 |
| 30 Sep 18 | 1,258 | 157 | 150 | 65 |
| 30 Jun 18 | 1,209 | 152 | 126 | 74 |
| 31 Mar 18 | 1,165 | 132 | 142 | 60 |
| 31 Dec 17 | 1,157 | 136 | 148 | 49 |
| 30 Sep 17 | 1,116 | 109 | 157 | 27 |
| 30 Jun 17 | 1,054 | 97 | 183 | 0 |
| 31 Mar 17 | 1,129 | 108 | 183 | 0 |
| 31 Dec 16 | 910 | 71 | 164 | 0 |
| 30 Sep 16 | 735 | 49 | 120 | 0 |
| 30 Jun 16 | 583 | 40 | 101 | 0 |
| 31 Mar 16 | 308 | 17 | 56 | 0 |
| 31 Dec 15 | 307 | 16 | 54 | 0 |
| 30 Sep 15 | 317 | 16 | 53 | 0 |
| 30 Jun 15 | 338 | 16 | 51 | 0 |
| 31 Mar 15 | 349 | 16 | 52 | 0 |
| 31 Dec 14 | 350 | 20 | 50 | 0 |
| 30 Sep 14 | 343 | 23 | 53 | 0 |
| 30 Jun 14 | 325 | 23 | 56 | 0 |
| 31 Mar 14 | 318 | 23 | 55 | 0 |
| 31 Dec 13 | 318 | 21 | 55 | 0 |
Quality Earnings: 002057 has a large one-off gain of CN¥75.4M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 002057's current net profit margins (7%) are lower than last year (13%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002057's earnings have grown by 16.4% per year over the past 5 years.
Accelerating Growth: 002057's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002057 had negative earnings growth (-48%) over the past year, making it difficult to compare to the Chemicals industry average (-5.3%).
Return on Equity
High ROE: 002057's Return on Equity (6.2%) is considered low.