Jiangsu Changqing Agrochemical Past Earnings Performance
Past criteria checks 1/6
Jiangsu Changqing Agrochemical's earnings have been declining at an average annual rate of -8.3%, while the Chemicals industry saw earnings growing at 11.5% annually. Revenues have been growing at an average rate of 7.4% per year. Jiangsu Changqing Agrochemical's return on equity is 3.7%, and it has net margins of 4.7%.
Key information
-8.3%
Earnings growth rate
-13.7%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 7.4% |
| Return on equity | 3.7% |
| Net Margin | 4.7% |
| Next Earnings Update | 18 Apr 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Jiangsu Changqing Agrochemical 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 | 3,742 | 176 | 200 | 196 |
| 30 Jun 23 | 4,118 | 233 | 206 | 218 |
| 31 Mar 23 | 4,352 | 273 | 222 | 219 |
| 31 Dec 22 | 4,244 | 262 | 220 | 203 |
| 30 Sep 22 | 4,455 | 314 | 221 | 188 |
| 30 Jun 22 | 4,050 | 287 | 209 | 167 |
| 31 Mar 22 | 3,943 | 272 | 189 | 158 |
| 31 Dec 21 | 3,765 | 249 | 191 | 150 |
| 30 Sep 21 | 3,304 | 215 | 158 | 138 |
| 30 Jun 21 | 3,251 | 210 | 168 | 147 |
| 31 Mar 21 | 3,138 | 201 | 200 | 134 |
| 31 Dec 20 | 3,008 | 195 | 193 | 128 |
| 30 Sep 20 | 3,126 | 300 | 232 | 143 |
| 30 Jun 20 | 3,225 | 324 | 259 | 139 |
| 31 Mar 20 | 3,240 | 350 | 250 | 142 |
| 31 Dec 19 | 3,377 | 371 | 247 | 149 |
| 30 Sep 19 | 3,269 | 352 | 243 | 143 |
| 30 Jun 19 | 3,264 | 342 | 217 | 143 |
| 31 Mar 19 | 3,096 | 324 | 219 | 138 |
| 31 Dec 18 | 3,001 | 319 | 221 | 138 |
| 30 Sep 18 | 3,003 | 318 | 204 | 132 |
| 30 Jun 18 | 2,685 | 280 | 153 | 159 |
| 31 Mar 18 | 2,449 | 250 | 175 | 126 |
| 31 Dec 17 | 2,245 | 228 | 187 | 98 |
| 30 Sep 17 | 2,019 | 191 | 204 | 64 |
| 30 Jun 17 | 1,929 | 176 | 259 | 0 |
| 31 Mar 17 | 1,874 | 169 | 247 | 0 |
| 31 Dec 16 | 1,833 | 163 | 235 | 0 |
| 30 Sep 16 | 1,824 | 188 | 219 | 0 |
| 30 Jun 16 | 1,829 | 214 | 215 | 0 |
| 31 Mar 16 | 1,822 | 229 | 208 | 0 |
| 31 Dec 15 | 1,821 | 238 | 204 | 0 |
| 30 Sep 15 | 1,826 | 242 | 207 | 0 |
| 30 Jun 15 | 1,827 | 246 | 200 | 0 |
| 31 Mar 15 | 1,815 | 235 | 205 | 0 |
| 31 Dec 14 | 1,809 | 234 | 206 | 0 |
| 30 Sep 14 | 1,718 | 222 | 196 | 0 |
| 30 Jun 14 | 1,691 | 209 | 203 | 0 |
| 31 Mar 14 | 1,607 | 197 | 190 | 0 |
| 31 Dec 13 | 1,569 | 193 | 180 | 0 |
| 30 Sep 13 | 1,474 | 178 | 174 | 0 |
| 30 Jun 13 | 1,422 | 183 | 167 | 0 |
Quality Earnings: 002391 has high quality earnings.
Growing Profit Margin: 002391's current net profit margins (4.7%) are lower than last year (7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002391's earnings have declined by 8.3% per year over the past 5 years.
Accelerating Growth: 002391's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002391 had negative earnings growth (-43.8%) over the past year, making it difficult to compare to the Chemicals industry average (-25.8%).
Return on Equity
High ROE: 002391's Return on Equity (3.7%) is considered low.