Guangdong New Grand Long Packing Past Earnings Performance
Past criteria checks 1/6
Guangdong New Grand Long Packing has been growing earnings at an average annual rate of 9.5%, while the Packaging industry saw earnings growing at 1% annually. Revenues have been declining at an average rate of 23.4% per year. Guangdong New Grand Long Packing's return on equity is 3.4%, and it has net margins of 8.3%.
Key information
9.5%
Earnings growth rate
9.4%
EPS growth rate
| Packaging Industry Growth | 4.0% |
| Revenue growth rate | -23.4% |
| Return on equity | 3.4% |
| Net Margin | 8.3% |
| Last Earnings Update | 30 Sep 2023 |
Revenue & Expenses BreakdownBeta
How Guangdong New Grand Long Packing 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 | 149 | 12 | 21 | 7 |
| 30 Jun 23 | 125 | 88 | 19 | 7 |
| 31 Mar 23 | 146 | 93 | 22 | 8 |
| 31 Dec 22 | 150 | 94 | 22 | 8 |
| 30 Sep 22 | 146 | 95 | 22 | 8 |
| 30 Jun 22 | 153 | 12 | 23 | 10 |
| 31 Mar 22 | 146 | 13 | 22 | 11 |
| 01 Jan 22 | 144 | 11 | 24 | 10 |
| 30 Sep 21 | 158 | 27 | 21 | 11 |
| 30 Jun 21 | 168 | 27 | 21 | 13 |
| 31 Mar 21 | 193 | 30 | 26 | 12 |
| 31 Dec 20 | 213 | 32 | 27 | 13 |
| 30 Sep 20 | 297 | 14 | 46 | 16 |
| 30 Jun 20 | 322 | 18 | 50 | 17 |
| 31 Mar 20 | 365 | 18 | 51 | 19 |
| 31 Dec 19 | 423 | 26 | 56 | 22 |
| 30 Sep 19 | 401 | 51 | 51 | 20 |
| 30 Jun 19 | 406 | 58 | 46 | 20 |
| 31 Mar 19 | 357 | 56 | 41 | 18 |
| 31 Dec 18 | 280 | 50 | 33 | 14 |
| 30 Sep 18 | 274 | 44 | 28 | 12 |
| 30 Jun 18 | 252 | 42 | 24 | 13 |
| 31 Mar 18 | 257 | 44 | 27 | 10 |
| 31 Dec 17 | 269 | 48 | 30 | 8 |
| 30 Sep 17 | 248 | 49 | 29 | 6 |
| 30 Jun 17 | 262 | 52 | 37 | 0 |
| 31 Mar 17 | 258 | 49 | 36 | 0 |
| 31 Dec 16 | 268 | 50 | 36 | 0 |
| 31 Dec 15 | 244 | 37 | 40 | 0 |
| 31 Dec 14 | 277 | 52 | 41 | 0 |
| 31 Dec 13 | 339 | 69 | 39 | 0 |
Quality Earnings: 002836 has a high level of non-cash earnings.
Growing Profit Margin: 002836's current net profit margins (8.3%) are lower than last year (64.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002836's earnings have grown by 9.5% per year over the past 5 years.
Accelerating Growth: 002836's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002836 had negative earnings growth (-86.9%) over the past year, making it difficult to compare to the Packaging industry average (5.2%).
Return on Equity
High ROE: 002836's Return on Equity (3.4%) is considered low.