Longxing Chemical Stock Past Earnings Performance
Past criteria checks 5/6
Longxing Chemical Stock has been growing earnings at an average annual rate of 15%, while the Chemicals industry saw earnings growing at 8.4% annually. Revenues have been growing at an average rate of 12.8% per year. Longxing Chemical Stock's return on equity is 6.8%, and it has net margins of 3%.
Key information
15.0%
Earnings growth rate
14.8%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 12.8% |
| Return on equity | 6.8% |
| Net Margin | 3.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Longxing Chemical Stock 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 | 4,153 | 125 | 196 | 28 |
| 31 Dec 23 | 4,272 | 110 | 191 | 28 |
| 30 Sep 23 | 4,359 | 114 | 169 | 28 |
| 30 Jun 23 | 4,516 | 101 | 173 | 27 |
| 31 Mar 23 | 4,676 | 105 | 172 | 26 |
| 31 Dec 22 | 4,560 | 104 | 167 | 28 |
| 30 Sep 22 | 4,350 | 123 | 146 | 31 |
| 30 Jun 22 | 3,960 | 107 | 155 | 30 |
| 31 Mar 22 | 3,621 | 103 | 150 | 28 |
| 31 Dec 21 | 3,439 | 172 | 162 | 25 |
| 30 Sep 21 | 3,200 | 199 | 157 | 20 |
| 30 Jun 21 | 3,006 | 198 | 139 | 17 |
| 31 Mar 21 | 2,645 | 156 | 127 | 15 |
| 31 Dec 20 | 2,296 | 77 | 103 | 14 |
| 30 Sep 20 | 2,245 | 16 | 143 | 15 |
| 30 Jun 20 | 2,364 | 13 | 173 | 15 |
| 31 Mar 20 | 2,587 | 19 | 200 | 16 |
| 31 Dec 19 | 2,806 | 19 | 221 | 16 |
| 30 Sep 19 | 2,931 | 59 | 198 | 15 |
| 30 Jun 19 | 3,032 | 78 | 213 | 19 |
| 31 Mar 19 | 3,096 | 102 | 231 | 19 |
| 31 Dec 18 | 3,086 | 133 | 244 | 18 |
| 30 Sep 18 | 3,018 | 78 | 299 | 23 |
| 30 Jun 18 | 2,907 | 73 | 285 | 25 |
| 31 Mar 18 | 2,840 | 64 | 284 | 21 |
| 31 Dec 17 | 2,702 | 50 | 286 | 17 |
| 30 Sep 17 | 2,492 | 86 | 271 | 9 |
| 30 Jun 17 | 2,280 | 81 | 277 | 0 |
| 31 Mar 17 | 2,019 | 71 | 260 | 0 |
| 31 Dec 16 | 1,843 | 31 | 257 | 0 |
| 30 Sep 16 | 1,732 | -36 | 265 | 0 |
| 30 Jun 16 | 1,660 | -74 | 250 | 0 |
| 31 Mar 16 | 1,693 | -97 | 247 | 0 |
| 31 Dec 15 | 1,737 | -82 | 234 | 0 |
| 30 Sep 15 | 1,826 | -20 | 189 | 0 |
| 30 Jun 15 | 2,060 | -1 | 188 | 0 |
| 31 Mar 15 | 2,247 | 24 | 190 | 0 |
| 31 Dec 14 | 2,438 | 15 | 198 | 0 |
| 30 Sep 14 | 2,601 | 12 | 207 | 0 |
| 30 Jun 14 | 2,506 | 8 | 212 | 0 |
| 31 Mar 14 | 2,429 | -3 | 223 | 0 |
| 31 Dec 13 | 2,344 | 20 | 210 | 0 |
| 30 Sep 13 | 2,238 | 19 | 220 | 0 |
| 30 Jun 13 | 2,133 | 20 | 211 | 0 |
Quality Earnings: 002442 has high quality earnings.
Growing Profit Margin: 002442's current net profit margins (3%) are higher than last year (2.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002442's earnings have grown by 15% per year over the past 5 years.
Accelerating Growth: 002442's earnings growth over the past year (18.9%) exceeds its 5-year average (15% per year).
Earnings vs Industry: 002442 earnings growth over the past year (18.9%) exceeded the Chemicals industry -18.9%.
Return on Equity
High ROE: 002442's Return on Equity (6.8%) is considered low.