Shenzhen WOTE Advanced MaterialsLtd Past Earnings Performance
Past criteria checks 0/6
Shenzhen WOTE Advanced MaterialsLtd's earnings have been declining at an average annual rate of -19.9%, while the Chemicals industry saw earnings growing at 7.9% annually. Revenues have been growing at an average rate of 13.6% per year. Shenzhen WOTE Advanced MaterialsLtd's return on equity is 1.1%, and it has net margins of 0.4%.
Key information
-19.9%
Earnings growth rate
-23.5%
EPS growth rate
Chemicals Industry Growth | 12.1% |
Revenue growth rate | 13.6% |
Return on equity | 1.1% |
Net Margin | 0.4% |
Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenues Not Telling The Story For Shenzhen WOTE Advanced Materials Co.,Ltd (SZSE:002886) After Shares Rise 26%
May 24Shenzhen WOTE Advanced MaterialsLtd (SZSE:002886) Will Be Hoping To Turn Its Returns On Capital Around
Apr 15Shenzhen WOTE Advanced Materials Co.,Ltd (SZSE:002886) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected
Mar 06Revenue & Expenses Breakdown
How Shenzhen WOTE Advanced MaterialsLtd 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 | 1,557 | 6 | 135 | 99 |
31 Dec 23 | 1,537 | 6 | 135 | 98 |
30 Sep 23 | 1,510 | 9 | 132 | 95 |
31 Mar 23 | 1,488 | 15 | 121 | 84 |
01 Jan 23 | 1,490 | 15 | 117 | 76 |
30 Sep 22 | 1,509 | 34 | 102 | 78 |
30 Jun 22 | 1,509 | 33 | 96 | 74 |
31 Mar 22 | 1,563 | 48 | 98 | 75 |
31 Dec 21 | 1,540 | 63 | 94 | 75 |
30 Sep 21 | 1,515 | 68 | 85 | 67 |
30 Jun 21 | 1,421 | 68 | 83 | 66 |
31 Mar 21 | 1,283 | 81 | 82 | 60 |
31 Dec 20 | 1,153 | 65 | 75 | 56 |
30 Sep 20 | 1,023 | 72 | 83 | 51 |
30 Jun 20 | 1,000 | 68 | 80 | 49 |
31 Mar 20 | 926 | 45 | 72 | 45 |
31 Dec 19 | 900 | 47 | 72 | 42 |
30 Sep 19 | 888 | 34 | 67 | 39 |
30 Jun 19 | 826 | 34 | 60 | 35 |
31 Mar 19 | 804 | 31 | 57 | 32 |
31 Dec 18 | 808 | 35 | 56 | 32 |
30 Sep 18 | 797 | 36 | 58 | 31 |
30 Jun 18 | 849 | 40 | 45 | 46 |
31 Mar 18 | 797 | 42 | 50 | 38 |
31 Dec 17 | 765 | 40 | 55 | 31 |
30 Sep 17 | 747 | 57 | 58 | 22 |
30 Jun 17 | 656 | 57 | 73 | 0 |
31 Mar 17 | 650 | 57 | 84 | 0 |
31 Dec 16 | 631 | 55 | 66 | 0 |
31 Mar 16 | 588 | 63 | 46 | 0 |
31 Dec 15 | 585 | 63 | 58 | 0 |
31 Dec 14 | 534 | 35 | 48 | 0 |
31 Dec 13 | 356 | 17 | 36 | 0 |
Quality Earnings: 002886 has a large one-off gain of CN¥8.9M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 002886's current net profit margins (0.4%) are lower than last year (1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002886's earnings have declined by 19.9% per year over the past 5 years.
Accelerating Growth: 002886's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002886 had negative earnings growth (-57.7%) over the past year, making it difficult to compare to the Chemicals industry average (-16.4%).
Return on Equity
High ROE: 002886's Return on Equity (1.1%) is considered low.