Qifeng New Material Past Earnings Performance
Past criteria checks 3/6
Qifeng New Material has been growing earnings at an average annual rate of 3.8%, while the Forestry industry saw earnings growing at 2.8% annually. Revenues have been growing at an average rate of 1.5% per year. Qifeng New Material's return on equity is 7.7%, and it has net margins of 7.8%.
Key information
3.8%
Earnings growth rate
3.6%
EPS growth rate
| Forestry Industry Growth | 7.7% |
| Revenue growth rate | 1.5% |
| Return on equity | 7.7% |
| Net Margin | 7.8% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Qifeng New Material 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 | 3,727 | 290 | 102 | 127 |
| 31 Dec 23 | 3,661 | 237 | 102 | 123 |
| 30 Sep 23 | 3,374 | 162 | 114 | 106 |
| 30 Jun 23 | 3,188 | 41 | 119 | 101 |
| 31 Mar 23 | 3,077 | -14 | 121 | 100 |
| 01 Jan 23 | 3,119 | 8 | 124 | 104 |
| 30 Sep 22 | 3,302 | 10 | 108 | 118 |
| 30 Jun 22 | 3,437 | 28 | 112 | 123 |
| 31 Mar 22 | 3,658 | 96 | 110 | 129 |
| 01 Jan 22 | 3,702 | 165 | 101 | 127 |
| 30 Sep 21 | 3,622 | 213 | 69 | 121 |
| 30 Jun 21 | 3,482 | 266 | 83 | 115 |
| 31 Mar 21 | 3,183 | 236 | 102 | 103 |
| 31 Dec 20 | 2,811 | 160 | 123 | 91 |
| 30 Sep 20 | 2,803 | 145 | 178 | 89 |
| 30 Jun 20 | 2,850 | 136 | 179 | 88 |
| 31 Mar 20 | 3,015 | 149 | 177 | 95 |
| 31 Dec 19 | 3,268 | 137 | 178 | 106 |
| 30 Sep 19 | 3,344 | 103 | 170 | 120 |
| 30 Jun 19 | 3,505 | 65 | 173 | 137 |
| 31 Mar 19 | 3,572 | 38 | 177 | 145 |
| 31 Dec 18 | 3,679 | 58 | 179 | 151 |
| 30 Sep 18 | 3,846 | 84 | 183 | 146 |
| 30 Jun 18 | 3,752 | 110 | 112 | 196 |
| 31 Mar 18 | 3,671 | 144 | 139 | 157 |
| 31 Dec 17 | 3,573 | 161 | 172 | 124 |
| 30 Sep 17 | 3,345 | 177 | 183 | 91 |
| 30 Jun 17 | 3,133 | 159 | 276 | 0 |
| 31 Mar 17 | 2,941 | 161 | 258 | 0 |
| 31 Dec 16 | 2,708 | 142 | 242 | 0 |
| 30 Sep 16 | 2,556 | 182 | 230 | 0 |
| 30 Jun 16 | 2,442 | 216 | 215 | 0 |
| 31 Mar 16 | 2,351 | 226 | 212 | 0 |
| 31 Dec 15 | 2,356 | 270 | 198 | 0 |
| 30 Sep 15 | 2,379 | 257 | 234 | 0 |
| 30 Jun 15 | 2,454 | 277 | 224 | 0 |
| 31 Mar 15 | 2,540 | 281 | 237 | 0 |
| 31 Dec 14 | 2,538 | 273 | 241 | 0 |
| 30 Sep 14 | 2,501 | 250 | 218 | 0 |
| 30 Jun 14 | 2,355 | 227 | 219 | 0 |
| 31 Mar 14 | 2,239 | 206 | 206 | 0 |
| 31 Dec 13 | 2,108 | 189 | 195 | 0 |
| 30 Sep 13 | 2,002 | 186 | 177 | 0 |
| 30 Jun 13 | 1,953 | 171 | 166 | 0 |
Quality Earnings: 002521 has high quality earnings.
Growing Profit Margin: 002521 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002521's earnings have grown by 3.8% per year over the past 5 years.
Accelerating Growth: 002521 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 002521 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Forestry industry (18.1%).
Return on Equity
High ROE: 002521's Return on Equity (7.7%) is considered low.