Luyang Energy-Saving Materials Past Earnings Performance
Past criteria checks 2/6
Luyang Energy-Saving Materials has been growing earnings at an average annual rate of 15.2%, while the Chemicals industry saw earnings growing at 8.5% annually. Revenues have been growing at an average rate of 14.3% per year. Luyang Energy-Saving Materials's return on equity is 17.9%, and it has net margins of 15.6%.
Key information
15.2%
Earnings growth rate
14.9%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 14.3% |
| Return on equity | 17.9% |
| Net Margin | 15.6% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Luyang Energy-Saving 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 23 | 3,251 | 507 | 370 | 118 |
| 30 Jun 23 | 3,335 | 512 | 368 | 118 |
| 31 Mar 23 | 3,384 | 559 | 349 | 122 |
| 31 Dec 22 | 3,370 | 582 | 341 | 126 |
| 30 Sep 22 | 3,377 | 595 | 340 | 128 |
| 30 Jun 22 | 3,309 | 594 | 351 | 128 |
| 31 Mar 22 | 3,205 | 542 | 346 | 131 |
| 01 Jan 22 | 3,164 | 534 | 350 | 134 |
| 30 Sep 21 | 3,102 | 552 | 259 | 144 |
| 30 Jun 21 | 2,886 | 510 | 272 | 139 |
| 31 Mar 21 | 2,602 | 443 | 307 | 121 |
| 31 Dec 20 | 2,326 | 370 | 294 | 103 |
| 30 Sep 20 | 2,168 | 322 | 391 | 81 |
| 30 Jun 20 | 1,999 | 285 | 367 | 81 |
| 31 Mar 20 | 2,026 | 309 | 344 | 82 |
| 31 Dec 19 | 2,147 | 340 | 372 | 82 |
| 30 Sep 19 | 2,093 | 318 | 404 | 81 |
| 30 Jun 19 | 2,113 | 332 | 403 | 64 |
| 31 Mar 19 | 1,991 | 326 | 385 | 59 |
| 31 Dec 18 | 1,842 | 307 | 360 | 54 |
| 30 Sep 18 | 1,724 | 305 | 330 | 50 |
| 30 Jun 18 | 1,702 | 300 | 302 | 83 |
| 31 Mar 18 | 1,637 | 250 | 305 | 68 |
| 31 Dec 17 | 1,596 | 214 | 310 | 59 |
| 30 Sep 17 | 1,472 | 180 | 268 | 43 |
| 30 Jun 17 | 1,337 | 142 | 283 | 0 |
| 31 Mar 17 | 1,222 | 114 | 262 | 0 |
| 31 Dec 16 | 1,190 | 105 | 256 | 0 |
| 30 Sep 16 | 1,179 | 88 | 252 | 0 |
| 30 Jun 16 | 1,144 | 70 | 222 | 0 |
| 31 Mar 16 | 1,152 | 58 | 235 | 0 |
| 31 Dec 15 | 1,133 | 58 | 232 | 0 |
| 30 Sep 15 | 1,108 | 61 | 236 | 0 |
| 30 Jun 15 | 1,119 | 63 | 240 | 0 |
| 31 Mar 15 | 1,166 | 73 | 234 | 0 |
| 31 Dec 14 | 1,178 | 78 | 227 | 0 |
| 30 Sep 14 | 1,181 | 82 | 217 | 0 |
| 30 Jun 14 | 1,134 | 84 | 217 | 0 |
| 31 Mar 14 | 1,058 | 87 | 193 | 0 |
| 31 Dec 13 | 1,026 | 86 | 189 | 0 |
| 30 Sep 13 | 991 | 84 | 184 | 0 |
| 30 Jun 13 | 1,008 | 83 | 183 | 0 |
Quality Earnings: 002088 has high quality earnings.
Growing Profit Margin: 002088's current net profit margins (15.6%) are lower than last year (17.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002088's earnings have grown by 15.2% per year over the past 5 years.
Accelerating Growth: 002088's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002088 had negative earnings growth (-14.8%) over the past year, making it difficult to compare to the Chemicals industry average (-20.1%).
Return on Equity
High ROE: 002088's Return on Equity (17.9%) is considered low.