Wuxi Honghui New Materials Technology Past Earnings Performance
Past criteria checks 1/6
Wuxi Honghui New Materials Technology's earnings have been declining at an average annual rate of -6%, while the Chemicals industry saw earnings growing at 8.8% annually. Revenues have been declining at an average rate of 4.5% per year. Wuxi Honghui New Materials Technology's return on equity is 6.7%, and it has net margins of 12.3%.
Key information
-6.0%
Earnings growth rate
-5.3%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | -4.5% |
| Return on equity | 6.7% |
| Net Margin | 12.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Wuxi Honghui New Materials Technology 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 | 360 | 44 | 43 | 27 |
| 31 Dec 23 | 373 | 51 | 44 | 27 |
| 30 Sep 23 | 360 | 61 | 28 | 26 |
| 30 Jun 23 | 383 | 68 | 33 | 27 |
| 31 Mar 23 | 454 | 79 | 33 | 28 |
| 01 Jan 23 | 516 | 85 | 37 | 28 |
| 30 Sep 22 | 610 | 89 | 45 | 29 |
| 30 Jun 22 | 692 | 88 | 42 | 30 |
| 31 Mar 22 | 726 | 85 | 40 | 29 |
| 01 Jan 22 | 749 | 86 | 39 | 27 |
| 30 Sep 21 | 736 | 82 | 34 | 24 |
| 30 Jun 21 | 705 | 95 | 36 | 22 |
| 31 Mar 21 | 617 | 94 | 37 | 24 |
| 31 Dec 20 | 545 | 92 | 35 | 23 |
| 30 Sep 20 | 510 | 94 | 40 | 23 |
| 30 Jun 20 | 471 | 84 | 37 | 23 |
| 31 Mar 20 | 504 | 87 | 36 | 22 |
| 31 Dec 19 | 538 | 88 | 39 | 23 |
| 30 Sep 19 | 531 | 80 | 42 | 28 |
| 30 Jun 19 | 544 | 77 | 41 | 29 |
| 31 Mar 19 | 538 | 74 | 40 | 27 |
| 31 Dec 18 | 518 | 73 | 36 | 25 |
| 30 Sep 18 | 499 | 73 | 32 | 23 |
| 30 Jun 18 | 465 | 73 | 25 | 26 |
| 31 Mar 18 | 424 | 74 | 30 | 20 |
| 31 Dec 17 | 389 | 72 | 29 | 17 |
| 30 Sep 17 | 369 | 68 | 35 | 9 |
| 30 Jun 17 | 344 | 66 | 41 | 0 |
| 31 Mar 17 | 324 | 54 | 39 | 0 |
| 31 Dec 16 | 315 | 53 | 39 | 0 |
| 30 Sep 16 | 303 | 51 | 41 | 0 |
| 30 Jun 16 | 295 | 49 | 38 | 0 |
| 31 Mar 16 | 294 | 49 | 36 | 0 |
| 31 Dec 15 | 293 | 45 | 36 | 0 |
| 31 Dec 14 | 306 | 31 | 34 | 0 |
| 31 Dec 13 | 291 | 41 | 32 | 0 |
Quality Earnings: 002802 has high quality earnings.
Growing Profit Margin: 002802's current net profit margins (12.3%) are lower than last year (17.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002802's earnings have declined by 6% per year over the past 5 years.
Accelerating Growth: 002802's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002802 had negative earnings growth (-44.1%) over the past year, making it difficult to compare to the Chemicals industry average (-20%).
Return on Equity
High ROE: 002802's Return on Equity (6.7%) is considered low.