Western Metal Materials Past Earnings Performance
Past criteria checks 1/6
Western Metal Materials has been growing earnings at an average annual rate of 24.6%, while the Metals and Mining industry saw earnings growing at 9.8% annually. Revenues have been growing at an average rate of 11.8% per year. Western Metal Materials's return on equity is 6.5%, and it has net margins of 5.9%.
Key information
24.6%
Earnings growth rate
22.2%
EPS growth rate
| Metals and Mining Industry Growth | 13.1% |
| Revenue growth rate | 11.8% |
| Return on equity | 6.5% |
| Net Margin | 5.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Western Metal Materials' (SZSE:002149) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 06
Western Metal Materials' (SZSE:002149) Solid Earnings May Rest On Weak Foundations
May 06Recent updates
Western Metal Materials' (SZSE:002149) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 06Western Metal Materials (SZSE:002149) Has More To Do To Multiply In Value Going Forward
Sep 30We Think Western Metal Materials (SZSE:002149) Can Stay On Top Of Its Debt
Aug 13Not Many Are Piling Into Western Metal Materials Co., Ltd. (SZSE:002149) Just Yet
Jul 23Western Metal Materials' (SZSE:002149) Dividend Is Being Reduced To CN¥0.15
Jun 19Slowing Rates Of Return At Western Metal Materials (SZSE:002149) Leave Little Room For Excitement
Jun 18Western Metal Materials' (SZSE:002149) Solid Earnings May Rest On Weak Foundations
May 06Does Western Metal Materials (SZSE:002149) Have A Healthy Balance Sheet?
Apr 24Further Upside For Western Metal Materials Co., Ltd. (SZSE:002149) Shares Could Introduce Price Risks After 27% Bounce
Mar 06Returns At Western Metal Materials (SZSE:002149) Are On The Way Up
Feb 28Revenue & Expenses Breakdown
How Western Metal 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 | 3,096 | 183 | 246 | 211 |
| 30 Jun 24 | 3,198 | 188 | 237 | 192 |
| 31 Mar 24 | 3,211 | 198 | 243 | 190 |
| 31 Dec 23 | 3,226 | 196 | 237 | 185 |
| 30 Sep 23 | 3,130 | 201 | 228 | 209 |
| 30 Jun 23 | 3,047 | 195 | 229 | 195 |
| 31 Mar 23 | 3,175 | 199 | 224 | 182 |
| 01 Jan 23 | 2,941 | 185 | 217 | 170 |
| 30 Sep 22 | 2,797 | 165 | 233 | 146 |
| 30 Jun 22 | 2,705 | 155 | 233 | 143 |
| 31 Mar 22 | 2,421 | 123 | 209 | 140 |
| 31 Dec 21 | 2,395 | 133 | 200 | 134 |
| 30 Sep 21 | 2,341 | 146 | 190 | 102 |
| 30 Jun 21 | 2,278 | 137 | 189 | 101 |
| 31 Mar 21 | 2,179 | 124 | 161 | 98 |
| 31 Dec 20 | 2,029 | 79 | 164 | 94 |
| 30 Sep 20 | 1,975 | 57 | 144 | 102 |
| 30 Jun 20 | 2,024 | 51 | 137 | 98 |
| 31 Mar 20 | 1,993 | 46 | 166 | 95 |
| 31 Dec 19 | 2,006 | 61 | 158 | 97 |
| 30 Sep 19 | 2,039 | 64 | 163 | 94 |
| 30 Jun 19 | 1,841 | 63 | 155 | 88 |
| 31 Mar 19 | 1,767 | 61 | 135 | 88 |
| 31 Dec 18 | 1,720 | 60 | 141 | 78 |
| 30 Sep 18 | 1,713 | 56 | 153 | 61 |
| 30 Jun 18 | 1,689 | 57 | 145 | 57 |
| 31 Mar 18 | 1,521 | 56 | 162 | 32 |
| 31 Dec 17 | 1,559 | 54 | 157 | 31 |
| 30 Sep 17 | 1,302 | 48 | 169 | 11 |
| 30 Jun 17 | 1,258 | 36 | 185 | 0 |
| 31 Mar 17 | 1,264 | 27 | 179 | 0 |
| 31 Dec 16 | 1,213 | 21 | 176 | 0 |
| 30 Sep 16 | 1,094 | -57 | 145 | 0 |
| 30 Jun 16 | 1,020 | -74 | 140 | 0 |
| 31 Mar 16 | 1,010 | -110 | 143 | 0 |
| 31 Dec 15 | 983 | -132 | 145 | 0 |
| 30 Sep 15 | 1,174 | -62 | 139 | 0 |
| 30 Jun 15 | 1,109 | -49 | 144 | 0 |
| 31 Mar 15 | 1,117 | -19 | 138 | 0 |
| 31 Dec 14 | 1,225 | 5 | 132 | 0 |
| 30 Sep 14 | 923 | 38 | 137 | 0 |
| 30 Jun 14 | 1,119 | 26 | 133 | 0 |
| 31 Mar 14 | 1,089 | 24 | 136 | 0 |
| 31 Dec 13 | 1,145 | 20 | 140 | 0 |
Quality Earnings: 002149 has a large one-off gain of CN¥83.5M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 002149's current net profit margins (5.9%) are lower than last year (6.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002149's earnings have grown significantly by 24.6% per year over the past 5 years.
Accelerating Growth: 002149's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002149 had negative earnings growth (-8.6%) over the past year, making it difficult to compare to the Metals and Mining industry average (-3%).
Return on Equity
High ROE: 002149's Return on Equity (6.5%) is considered low.